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Asas Makeen Real Estate Signs Marketing Deal with Wathiq

MT Newswires·12/29/2025 08:29:59
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08:29 AM EST, 12/29/2025 (MT Newswires) -- Asas Makeen Real Estate Development and Investment (SASE:9640) signed a one-year marketing contract worth 10 million Saudi riyals with Wathiq Marketing. Under the renewable agreement, Wathiq will provide marketing services for the Saudi Arabia-based real estate developer's projects and manage the sales and leasing of its residential and commercial units, according to a Monday filing. Asas Makeen expects the deal to have a financial impact on its results during the duration of the contract, depending on the sales volume.