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Abdullah Al Othaim Investment Company announced the launch of "Al Othaim For Real Estate Development," a company specialized in developing various real estate projects across Saudi Arabia, with investments exceeding 16 billion riyals. The company's plan includes implementing around 10 projects over the next two years, encompassing residential units, hotels, and commercial and entertainment components. The initial activity will commence in Dammam with the "The Ooo Residence" project. This expansion aims to meet the diverse needs of the market and strengthen the company's presence in Saudi Arabia's real estate development sector.
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