Saudi Transport and Investment Company (Mubarrad) said it will not use the study suggested by Al-Bait Al-Jameel on the commercial use of its plot of land at Al-Qadisiya, eastern Riyadh.
Mubarrad invited consultancy firms in August 2012 to submit proposals on the commercial use of the land, totaling around 60,000 square meters.
The company said today in a Tadawul filing that Al-Bait Al-Jameel’s study does not match the company’s plans at the moment.
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