Saudi Company for Hardware (SACO) will build a commercial center on the newly-acquired land plot in Jeddah, it said in bourse filing on Tuesday.

 

The company will allocate a part to open a new store and lease the remaining space, it added.

 

SACO signed a SAR 194 million land investment contract in Jeddah on Monday.

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SACO signs SAR 194 mln land deal in Jeddah

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