Riyadh - A deal to develop a premium residential project in the governorate of Taif in the Southwest of Saudi Arabia has been agreed between two real estate developers in the Kingdom. Dar Al-Arkan Real Estate Development Co. has signed a joint agreement with Madinat Al Wouroud Housing Development company to develop the SR3.7 billion ($986m) project on an area of 1 million sqm
Leading Saudi real estate group Dar Al Arkan has joined hands with Madinat Al Wouroud Housing Development Company to set up a premium residential project in Taif governorate in the kingdom at an investment of SR3.7 billion ($985 million).