Al Ashghal Al Moysra purchases land plot in Riyadh for SAR 500,000

04/02/2026 Argaam- Nomu
Al Ashghal Al Moysra anticipates a positive financial impact from the deal

Al Ashghal Al Moysra anticipates a positive financial impact from the deal

Nomu-listed Al Ashghal Al Moysra Co. purchased on Feb. 3 a 599.9 sqm land plot in Al-Masfa District, Riyadh, from Majed Al Shahrani for SAR 500,000 (excluding real estate transaction tax and brokerage fees).

 

The company aims to invest in the asset in a manner that supports its operational, expansion, and investment objectives.

 

Al Ashghal Al Moysra anticipates a positive financial impact as it supports its operational and expansion goals.

 

There are no preferential or special terms related to the deal, the company said.

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