Al Akaria inks SAR 6 mln contract for residential complex design

08/11/2017 Argaam

 

Saudi Real Estate Co. (Al Akaria) inked a SAR 6 million contract on Wednesday with Dar Al Handasah for Design and Engineering Consultancy to provide designs for developing a 50,000 square meters residential complex in Jeddah.

 

The contract has duration of 24 months, will be financed from the company’s internal resources, Al Akaria said in a bourse statement.

 

The transaction does not include any related parties and any impact will be reflected on financials of Q4 2017, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.