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FINANCIAL NEWS
Saudi-Jabal Omar finishes USD5.3bn Makkah project first phase
02 Jun 2017
(MENAFN) Jabal Omar Co., the largest real estate group in KSA by market capitalization has finished the first phase of its USD5.3bn project near the Grand Mosque in Makkah.
Furthermore, the first phase, which was installed at USD908mn cost, involves four foundation structures, 10 hotel towers involving Hilton Suites Makkah, Makkah Marriott Hotel and others.
Meanwhile, Makkah Emir Prince inaugurated the Phase one of the project which is being developed on a 2.2mn square meters of land in five phases.
In addition, he honored the founding directors of the board of the firm, headed by Sheikh Abdul Rahman Faqeeh, at a ceremony which was attended by Makkah Deputy Emir.
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