Riyadh – Mubasher: The Saudi Public Investment Fund (PIF) has purchased Al Ghadir land plot at a value of SAR 2.17 billion ($580 million).
The plot, which covers an area of 434,390 square metres, was part of Saleh Al Rajhi’s estate.
Al Ghadir land is located in Riyadh between King Fahd Road, Olaya street, the Northern Ring Road, and Al Takhasussi road.
On Saturday, the Saudi Estate Contributions Commission (Tasfiah) announced the end of tenth auction to liquidate properties which were included in Saleh Al Rajhi’s estate.
