Murphy Canyon Acquisition Corp. currently lacks substantial business operations. Its primary objective is to execute a strategic business combination, which may include a merger, share exchange, asset acquisition, stock purchase, or other form of reorganization, involving one or more existing enterprises. The firm specifically aims to identify potential partners within the real estate sector, covering areas such as construction, homebuilding, property ownership and management, financial arrangement services, insurance, other property-related offerings, and innovative technologies targeting this market.