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State Properties General Authority acquires shares in the SR100-billion Masar Destination

State Properties General Authority signed a shares acquisition agreement with Um Al-Qura Development and Construction Company, owner and developer of the upcoming Masar Destination in Makkah, in exchange for their private real estate, which exceeds an area of 160,000 square meters pursuant to Royal Decree No. 44133 dated March 18, 2021.

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