Xcode 12.5 won't start on MacBook Air with Big Sur 11.3.1

Hi, I have downloaded Xcode 12.5 on my MacBook Air M7 but it won't start. The error is quite detailed and is as attached:



Very grateful for suggestion from any such experience towards a solution,

Regards
Mahmood
Xcode 12.5 won't start on MacBook Air with Big Sur 11.3.1
 
 
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