Riyadh Development Company announces the latest developments regarding the signing of a memorandum of understanding with Riyadh Holding Company to establish a unified entity to develop the Deira neighborhood markets.

23/05/2024 Tadawul
Element List Explanation
Introduction In reference to the Riyadh Development Company’s announcement of the signing of a memorandum of understanding with Riyadh Holding Company, aiming to establish a pioneering entity in the development and real estate management sector in the Deira district in central Riyadh and to enhance cooperation between the two parties through launching qualitative investment projects that raise the quality of services and achieve the aspirations of shareholders, and the memorandum was signed. On 05-21-2023 AD for one year
Previous Announcement Signing a memorandum of understanding with Riyadh Holding Company to establish a unified entity to develop the Deira neighborhood markets
Date of Previous Announcement on Saudi Exchange’s Website 2023-05-22 Corresponding to 1444-11-02
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event The MoU was extended for an additional 6 months
The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable

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