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RIYADH: Saudi Arabia’s Innovest Properties has exited Misk Tarout after having pulled in SR30 million ($8 million) in the last three months.
The Alkhobar-based real estate firm confirmed its profit from the exit process will be calculated in the company’s financial statements for the second quarter of 2022, according to a statement.
The exit will also enhance its direction in implementing targeted profitability and growth plans, CEO Essam Bukhamseen said.