| Element List | Explanation |
|---|---|
| Introduction | Saudi Real Estate Co (“Al Akaria”) announces the awarding of the execution of Porta Jeddah project mixed-used in Jeddah (Package One) to Mounes Mohamed Alshayeb for Civil Construction (“MOBCO”). at a value of SAR 463,132,910 (excluding VAT) |
| Date of Award | 2026-05-11 Corresponding to 1447-11-24 |
| Counterparty | Mounes Mohamed Alshayeb for Civil Construction (“MOBCO”) |
| Project Value | SAR 463,132,910 (excluding VAT) |
| Project Details | The first package includes: - The structural works for all project components, including the hotel - The external facades - The electromechanical works for all project components, excluding the hotel - Public and landscaped area The value of executing the project works amounts to SAR 463,132,910 (excluding VAT)) |
| Related Parties | No related parties. |
