RIYADH: Saudi holy city Makkah is set to see a boost in its commercial infrastructure with Alandalus Property Co. commencing construction on an SR831 million ($222 million) project. 

In a statement to Tadawul, the Saudi-based real estate firm announced the start of work on a new commercial center in the Makkah Al-Mukarramah region, spanning over 50,650 sq. m. 

The center is designed to include 350 rental units, such as showrooms, retail spaces, hypermarkets, entertainment areas, and dining options. It will also feature parking facilities for 1,800 vehicles. 
source

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

SAMA to host 43rd IFSB council meeting in Jeddah  

RIYADH: The role of Shariah-compliant funding in fostering sustainable economic growth will…

‘Headquarters of your life’ coming to Saudi Arabia, says Wyndham Hotels regional president

RIYADH: Global collaborations are a crucial element in efforts to tackle economic…

MAGRABi restructures board for global governance standards

RIYADH: Eyewear retailer MAGRABi is reworking its board structure by introducing industry…

Saudi Arabia is a regional powerhouse and global policy shaper: World Bank official 

RIYADH: Mobility firm Dubai Taxi Co. has commenced its subscription period for its upcoming…