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Retal lands $111 5m Jeddah residential villa project contract

Saudi-based Retal Urban Development Company said it has secured a SR418.3-million ($111.5 million) contract from National Housing Company (NHC) to build 327 residential villas within the masterplan of the East Albuhirat project in Jeddah.

Saudi: Retal pens over $111 46mln contract with National Housing

Saudi: Retal pens over $111 46mln contract with National Housing
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Zigbang lays off workers amid housing market slump

Zigbang, the operator of Korea s leading real estate brokerage app, is asking some of its employees to resign and offering them compensation packages equivalent to three months of wages, according to industry officials, Sunday. The request was reportedly made as the company s financial losses have grown rapidly over the past few years.

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