SMU Real Estate announced today, Sunday, substantial developments for the development of the Ajwan project in Al Khobar city.

In a statement on Tadawul, the company announced the issuance of the off-plan sales license for the project from the Wafi Committee. <In a statement on Tadawul, the company announced that the off-plan sales license for the project was issued by the Off-plan Sales Committee (Wafi) No. 219, and the company received the license on November 16.

Samu revealed on September 12. announced the signing of the marketing agreement for the Ajwan project in Al Khobar with Adir Real Estate Company (a related party), for a contract period of 42 months, where the agreement includes Adir Real Estate Company receiving a commission of 2.5% from sales including marketing costs.