Saudi Taif Investment to launch new projects in Saudi

26 September 2010

Project will cost $40m to build

Amer al-Luwaihaq, chairman of Saudi-based Taif Investment and Tourism, has announced the firm is to launch work this week at real estate projects in the Taif region estimated at SR150m ($40m), Arabic Okaz daily has reported. The projects include the construction of 70 residential units, a mosque, a conference hall, two health clubs, infrastructure renovation, as well as expansion of shopping and entertainment facilities, he said.

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