Launch Partners

Launch Partners

Dar Al Arkan consortium wins Jeddah land auction

SAUDI ARABIA: A consortium of Dar Al Arkan Real Estate Development, Kenzi Al Arabiya Company and other investors won a Jeddah land auction worth SAR4.46 billion (US$1.19 billion). The Orchid land plot, marketed by Itqan Real Estate Company, spans one million square meters.

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