Qassim Company launches its new start with a SAR 182.5 million real estate deal in Buraydah

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<The General Assembly of Qassim Agricultural Company recently approved the amendment of the company's activities and the addition of new activities and a recommendation to amend the name to (Qassim Company), and the real estate activity enters strongly in the new investments of the company, where it achieved a real estate deal by purchasing 50 % of land owned by Wabel Arabia Investment Company Ltd. which is located in a strategic location in Buraydah and has an area of 320 thousand m2 for 182. 000 (one hundred and eighty two million and one hundred thousand riyals).5000.000 (one hundred and eighty-two million and five hundred thousand riyals), in order to establish a huge commercial complex that includes a mall, a hotel and commercial tower, a boulevard, an open market area and a recreational area, where the project was taken into account to be a civilized interface for the city of Buraydah and to be the focus of attention of all segments of society. The distinctive location will contribute to the distribution of the project's potential, as it is located on the three most important vital arteries in Buraydah and the region. <It is noteworthy that the Board of Directors of Al-Qassim Company has begun to reformulate its investment, especially after the new amendments to the Board of Directors and the entry of the new Chairman of the Board of Directors Al-Hamid and a number of members with experience. Real estate and investment experts expected that the project will achieve great and rapid success, especially since it touches the needs of the city of Buraydah, which is growing rapidly and significantly in recent years, as the tower will be a civilizational landmark for the city, while the other parts of the project will provide services to all members of society.