On May 5, 2026, Ladun Investment Company announced it was awarded the infrastructure development project for Namar land under the Real Estate Balance Program – Phase One by the Royal Commission for Riyadh City. The project, valued at SAR 326,699,471.44 (inclusive of VAT), will be executed in consortium with Al Ayuni Investment and Contracting Company, with contract signing expected on May 21, 2026. The project involves designing and implementing comprehensive infrastructure for 569,933 square meters of land, including roads, utilities, and public spaces to prepare the area for residential development in Riyadh.

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