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Inmar Signs Two-Year Lease for Rawabi Al Zahraa Hotel
Enmar Development and Real Estate Investment Company announced the signing of a hotel leasing contract for Rawabi Al Zahraa Hotel in Medina with Rawabi Al Zahraa Hospitality Services Company, for a period of two years at a total of 39.1 million SAR, including VAT. The purpose of the contract is to optimally utilize the property to increase revenue and improve the performance of the real estate portfolio, with an expectation that this will positively reflect on the company's revenues and profitability.
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