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Saudi Real Estate Co. to raise $426.4mln to finance Qiddiya, Roshan projects

Saudi Real Estate Co. (Al Akaria) plans to raise SR1.6 billion ($426.4 million) via priority rights issue to finance projects and plans including Qiddiya, Roshan and other major projects related to Vision 2030, CEO Ibrahim Al-Alwan confirmed in an interview on Tuesday. This is a great opportunity to link the…

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