Saudi Real Estate Contributions Commission, known as Tasfiah, has concluded the sale of the Al Qatif beach in a public auction in the governorate of Al Khobar, the Saudi Press Agency reported.
The beach covers more than 5 million square meters on Tarout Island, one of the oldest settlements in the Arabian gulf.
Tasfiah has so far reached a total of SR15 billion as a return to shareholders through its public auctions and sale of land contributions.
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