06:39 AM EDT, 08/09/2026 (MT Newswires) -- Saudi Real Estate Co. (SASE:4020), d/b/a Al Akaria, said Sunday that it mutually ended its residential villa project partnership with Al Tahaluf Real Estate. The real estate development company said that the termination of the agreement was due to the parties not being able to fulfill the conditions that were previously agreed upon. As such, the company noted that both entities will cover the project's pre-incorporation expenses worth 1.1 million riyals each.

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