Tag: Makkah

Construction & Real Estate

Umm Al Qura in deal to sell prime residential plot in Makkah

Saudi-based Umm Al Qura for Development and Construction Company has entered into a deal with Arabian Dyar Real Estate for the sale of a 3,061 sq m plot of land within Masar Destination in Makkah. This prime plot will be used for development of residential units. ...

Construction & Real Estate

Makkah completes 105-km ring road network in big infrastructure push

Saudi authorities have announced a major overhaul of Makkah city's road infrastructure under a series of integrated projects. It includes completion of the first, second, third and fourth ring roads, which now form an 105km interconnected network....

Construction & Real Estate

Riyad Capital, Saudi Railway to launch $1.6bn real estate fund in Makkah

Riyad Capital, a leading investment manager, has entered into a deal with Saudi Railway to set up a SAR6 billion ($1.6 billion) real estate fund aimed at developing a mixed-use project based on the Transit Oriented Development (TOD) model on a 90,000 sq m area in Makkah. ...

Construction & Real Estate

HRH Crown Prince announces King Salman Gate project in Makkah

King Salman Gate, a transformative multi-use development in the Holy City of Makkah, has been announced by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Arabia's Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company....