The public session for opening the financial bids of participants who passed the technical evaluation stage is scheduled for Wednesday. This will pave the way for the financial evaluation phase, the selection of the preferred investor, and the awarding of the project to the investor submitting the most competitive offer to the State, in accordance with the procedures and provisions set out in Partnership Law No. 116/2014 and its executive regulations governing partnership projects. Competing Alliances:
1. Alliance led by Mabani Real Estate (Mabani and Al-Durra National Real Estate Company)
2. Al-Tijaria Real Estate Company (Al- Mutajara Real Estate Company, Al-Salmiya Group for Development)
3. Arkan Real Estate Company (National Investments, Real Estate House, Al-Safat Investment, Al-Buyout Holding, SAK Construction)
4. United Real Estate Company 5. National Real Estate Company (and United Air Services Company)
6. Al-Hamra Real Estate Company (Al- Hamra Real Estate Company, Al-Hani Group)
7. Aayan Real Estate Company