Al-Nahar to Float Real Estate Investment

Author: 
Arab News
Publication Date: 
Sun, 2005-10-09 03:00

JEDDAH, 9 October 2005 — Al-Nahar International Real Estate Group intends to float real estate investments of over SR200 million in Jeddah in accordance to the new real estate investment regulations, making it the second real estate company to do so after Al-Olaya. Hamdan Al-Nahar, president of the group, said that the investment is located in south Jeddah on a lot 2 million square meters in size, Al-Eqtisadiah newspaper reported.

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