Sumou Real Estate Co. headquarters
Sumou Real Estate Co. announced the award of the project to complete the development and implementation of infrastructure for the Sharia grant scheme No. 17 in collaboration with the Municipality of Makkah. 
In a statement to Tadawul, the company pointed out that it will receive 7.04% of the project’s sales revenue after development.
For more news and details on the projects
The award decision was made on Jan. 26, and Sumo Real Estate received it via registered mail on Feb. 12.
In addition, the statement noted that the company is currently in discussions with the municipality to finalize the contract, expecting to sign it on April 15.
There are no related parties to the deal, the statement added.
Sumou Real Estate Co. headquarters
Sumou Real Estate Co. announced the award of the project to complete the development and implementation of infrastructure for the Sharia grant scheme No. 17 in collaboration with the Municipality of Makkah.
In a statement to Tadawul, the company pointed out that it will receive 7.04% of the project’s sales revenue after development.
For more news and details on the projects
The award decision was made on Jan. 26, and Sumo Real Estate received it via registered mail on Feb. 12.
In addition, the statement noted that the company is currently in discussions with the municipality to finalize the contract, expecting to sign it on April 15.
There are no related parties to the deal, the statement added.
