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Saudi's Rikaz targets ‘crucial’ logistics sites and potential IPO
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Saudi's Rikaz targets ‘crucial’ logistics sites and potential IPO
$600m Mecca development for 2028 Also looking at education sector IPO is ‘always on the table’ Saudi developer Rikaz is focusing on projects in Islam’s holy cities and weighing up a future listing to fund its expansion across the kingdom, its chief executive has told AGBI. Rikaz, which is headquartered in Khobar, is developing 13 million square metres of warehousing, logistics and distribution space across Saudi Arabia. It is also looking to wor…
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