Paid in cash
When fully operational it will comprise six lines with a total length of 176 kilometers, plus 85 stations
Al Jazira Capital has been appointed as the financial advisor for the offering
The contract was awarded to Maire's units Tecnimont SpA and Tecnimont Arabia Limited
Construction started on 350,580 housing units in 2020
The two properties have a total land area of 261 square metres
The project will include the construction of roads, van lanes, pedestrian and cyclists’ paths, as well as the excavation and construction of central facilities
Bloomberg noted that a final agreement is yet to be reached between the two parties
Sites included the Hudaybiyyah region where the Radwan Pledge took place in the sixth Hijri year
The regional construction sector has been hit hard by the weakening of oil prices since 2014
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