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

Riyadh, Saudi Arabia: King Abdullah Financial District. Image used for illustrative purpose

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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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