Rua AlHaram AlMakki Plans Major Development in Mecca
Rua AlHaram AlMakki is exploring a significant property development within the King Salman Gate project in Mecca. The development is estimated at SAR 21 billion ($5.6 billion) and is being considered in collaboration with Malaysian Resources Corporation Berhad (MRCB), according to the Saudi Press Agency. The proposed project includes a public bus station along with residential, commercial, retail, and other mixed-use developments. Rua AlHaram AlMakki, backed by the Public Investment Fund, launched the King Salman Gate project in October 2025, aiming to transform Mecca’s infrastructure and improve urban services for pilgrims. The partnership is expected to encourage private sector participation and foreign investment in Saudi Arabia's real estate projects. MRCB, listed on the Bursa Malaysia, brings experience in transport-oriented projects like KL Sentral, Malaysia’s largest integrated transport centre.