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Taha Sakr

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Saudi STC sells land worth $367 million

Saudi STC sells land worth $367 million

The Saudi Telecom Company (STC) announced, on Wednesday, the sale of land owned by it for 1.37 billion riyals ($366.93 million). The company said in a statement to the Saudi market that this value “does not include the real estate transaction tax and the pursuit commission.” It has indicated that…