Mabanee unit agrees to buy Riyadh land for $30.1 mln
A Saudi subsidiary of Kuwait-listed Mabanee Company agreed to acquire a 17,477-sq-m plot in Riyadh for 113 million Saudi riyals ($30.1 million).
1 million), the company said on Sunday. Mabanee said in a disclosure that it owns a 73 percent stake in the unit.