Alistithmar Capital Launches SAR 493 Million Real Estate Fund and Signs Land Reservation Agreement in Makkah
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Alistithmar Capital, the investment arm of The Saudi Investment Bank, announces the launch of a SAR 493 million real estate fund and the signing of a land reservation and purchase agreement with Umm Al Qura for Development and Construction, in collaboration with ARK Projects Company, for the development of a hospitality project comprising 195 hotel units within Masar Destination in Makkah.