Medina: New investment in real estate projects
Saudi property developer Taibah intends to invest a total of 543 million riyals ($144.8 million) in real estate projects in Medina, the firm said Saturday. Taibah's Investment and Development Chief Abdul-Aziz Al Khuraissi said the firm has just purchased a land plot for 100.7 million riyal where it plans to build a five-star hotel.
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