On March 5, 2026, Dar Al-Majed Real Estate Company announced the signing of a SAR 77,000,000 contract (excluding VAT) with Emarna Contracting Company for the implementation of Al-Majdiah Project 174 in Riyadh's Al-Nada District. The turnkey project involves constructing 8 residential buildings with 226 residential units and is scheduled for completion within 12 months. The company expects the project to have a positive impact on its financial results upon completion.

Original announcement:

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