Jabal Omar Development Co. has inked an agreement to rent some of its showrooms to Bin Dawood Group, a large supermarket chain operating in Saudi Arabia.
The contract will last for five years with the possibility of renewal, the developer said in a statement.
The value of the deal was not disclosed.
The agreement was signed by Yasser Al Sharif, Jabal Omar’s chief executive, and Abdul Razzaq Bin Dawood, the group’s board chairman.
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