Friday, December 25, 2009

Russia to buy real estate in Jeddah to house its mission to OIC

Moscow, December 23, Interfax - Russia will buy a 3,500 square meter compound in Jeddah, Saudi Arabia, to house its permanent mission to the Organization of the Islamic Conference.

A relevant government decree was available on the databank of the government regulations on Wednesday.

The decree instructs the Foreign Ministry to purchase the compound and a plot of land of 0.54 hectares for $15 million and submit documents to the Federal Property Management Agency (Rosimushchestvo) for the plot of land to be handed over to the ministry to hold and dispose of.

Russian Properties News