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Indonesia's Danantara Invests in Makkah Real Estate as Thakhar Development Hands Over SAR 2 Billion Project

Bloomberg reported via Al Sharq that Indonesia's sovereign fund is investing SAR 6 billion in hotels and real estate in Makkah Al-Mukarramah. Thakhar Development announced the handover of a SAR 2 billion project to Indonesia's Danantara in Makkah. The move reflects foreign investors' interest in the city's real estate sector.

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