Saudi Eastern Eamana in $37mln Dhahran commercial real estate investment
The project covers an area of 100,000 sqm
Riyadh, Saudi Arabia: King Abdullah Financial District. Image used for illustrative purpose
By Staff Writer, Arab News
CAIRO: Saudi Arabia’s Eastern Eamana will invest SR140 million ($37.32 million) in an integrated commercial complex in Dhahran, SPA reported.
The project, which covers an area of 100,000 sqm, aims to promote recreational activities and tourism in the Eastern Province.
The investment will accelerate development and achieve the concept of spending efficiency and financial sustainability, said Hamdan Al-Aradi, the Undersecretary for Investments at the Eastern Province Municipality.
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