Enma Alrawabi Company Announces the Sale of Al-Namothajiya Business Building in Al-Namothajiya District for SAR 21,050,000 (Excluding Real Estate Transaction Tax)
Business and transactions · 26 June 2025 · 15:37
Summary
The company sold the Al Namudhajiyah Business building (948 m², leased to Basamh Trading for 10 years) for SAR 21,050,000 to Al-Nasiha Al-Oula Investment Company. It disclosed related parties: three of its directors sit on the buyer's board.
A short summary written for this site from the official announcement. The official announcement prevails.
Key details
- Transaction value
- SAR 21,050,000 (excluding real estate transaction tax)
- Transaction date
- 26 June 2025
- Buyer
- Al-Nasiha Al-Oula Investment Company
- Book value
- SAR 8,546,325
- Related parties
- Fahad Ibrahim Almousa, Abdulaziz Ibrahim Almousa and Ahmad Ibrahim Almousa, directors of the buyer
Official source
View the official announcement(external site)
Read from the official announcement page (archived copy of 11 April 2026). Archived copy (external site)
Last checked 12 October 2026.