Makkah Construction and Development

Saudi Arabia's Royal Commission for Makkah City and Holy Sites awarded 13.3 billion riyals ($3.5 billion) in contracts for Mecca expansion projects, including residential, commercial, and hospitality developments. The initiative aims to triple Hajj and Umrah visitor numbers to over 30 million annually by 2030. A 6 billion riyal contract was awarded to a consortium of three local developers for sites adjacent to the Masar mixed-use project.