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2026-10-14T06:25:43.702Z

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Masqa sells quarter of Masqa 30 units

Masqa sells quarter of Masqa 30 units

Muscat Investment Company has announced the sale of 25% of the units in the "Muscat 30" project in Al-Safa District, Riyadh, to the National Housing Development Foundation "Sakan," for a value of 13.47 million Riyals. The transfer of ownership procedures will be completed within 60 days. The impact of the contract on the financial statements is expected to be reflected starting from the fourth quarter of 2026, with confirmation that there are no related parties involved in the transaction.

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