Saudi real estate developer Naif Al-Rajhi Investment (NRI) has launched a SAR 600 million ($160.1 million) Burj Ramla project, the company said in a statement.
The 150-meter tower, located on King Fahad Road, will be developed by Ramla Real Estate Development Company, a subsidiary of NRI.
The project is slated to be ready by end of 2018.
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