Al Kathiri subsidiary gets real estate developer certificate

22/09/2021 Argaam

Logo of Al Kathiri Holding Co.


Al Kathiri Holding Co.’s wholly-owned subsidiary, Msandh El Emdad Company Ltd, obtained the real estate developer certificate from the Off-plan Sales or Rent Program (Wafi), according to a bourse filing.

 

Under the one-year certificate, the company can sell and lease real estate properties, whatever their purpose or method of development before or during the development or the construction phase.

 

The project execution will be implemented as scheduled.

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