Riyadh - Mubasher: Saudi Arabian Refineries Company (SARCO) has acquired a commercial land plot in Riyadh for SAR 33 million on 27 January 2026.
SAECO won the auction, which was offered through the Mubasher Auctions platform (Enfead), according to a bourse filing.
The commercial land is located on Al-Kharj Road and spans 103,140 square meters (m²).
In December 2025, SARCO finalized the issuance of the articles of association and commercial registration for its wholly owned subsidiary, Clean Energy Company.
