Almuneef buys land in Al-Kharj for SAR 8.7M

10:52 AM (Mecca time) Argaam
Logo ofAlmuneef Co. for Trade, Industry, Agriculture, and Contracting

Logo of Almuneef Co. for Trade, Industry, Agriculture, and Contracting

Almuneef Company for Trade, Industry, Agriculture and Contracting purchased an 8,144.53-square-meter land plot in Al-Rifayah district, Al-Kharj governorate, for SAR 8.7 million, excluding real estate transaction tax and brokerage fees, as part of its expansion strategy.

 

For more news and details on investment Funds

 

The self-financed deal aims to support the company’s operational and growth plans, Almuneef said in a statement to Tadawul.

 

The deal, purchased from Faihan Hamoud Al-Amaj, is expected to have a positive impact on the company’s financials, it added, noting that no related parties were involved.

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