Ajlan & Bros acquires an SR800m plot East of Riyadh
Ajlan & Bros Group announced a major real estate deal in the city of Riyadh, through its acquisition of a real estate plan that includes nine large plots in Eastern Riyadh, on the Riyadh-Dammam Highway, and is located on an area of more than two million square meters, with a total value of 800 million riyals.
The Group indicated that this new plan would include nearly four thousand housing units, and work will be done to develop it according to the highest modern standards, by preparing the water and sewage network, electricity, and communications according to the best modern specifications.
Ajlan & Bros added that it will work on paving and afforestation of the main streets and implementing public parks, while ensuring that all services and facilities are in accordance with the requirements of life in our time, and at the same time, taking into account, the provision of environmental needs, while paying attention to the recreational and health aspects in this modern plan.
- On the margins of the International Mining Conference, Ajlan & Brothers Mining Company and Noreen Mining Company received a license to explore the site of “Beer Umq “in the presence of His Excellency the Minister of Industry and Mineral Resources, Mr. Bandar Al Khareef.
- On the margins of the International Mining Conference, and in the presence of His Excellency the Minister of Industry and Mineral Resources, 7 agreements were signed to open new horizons in the mining and metals industry and reach more achievements with our partners. Perseus Mining Company, MMPS Company, PLATINUM Group Metals, RASI Investment Group, Saudi Chemical Company Limited, Saudi Mining polytechnic, and Surefire Resources NL.
- U.K Secretary of State for Business and Trade visits Al-Khanagiyah mining project... and Al-Ajlan: “We will invest $3 billion in 2024.”