Construction & Real Estate

Umm Al Qura, Osus join hands for $266m residential project in Makkah

Saudi-based Umm Al Qura for Development and Construction has signed a land sale agreement with Osus Real Estate for three plots with planned investments of about SAR1 billion ($266.3 million) in Makkah city. The project will involve the development of three residential towers featuring 690 apartments. ...

Construction & Real Estate

Umm Al Qura awards $1bn prime Makkah development package contracts

Saudi-based Umm Al Qura for Development and Construction Company has awarded major contracts worth SAR4.1 billion ($1.1 billion) to Mobco and BEC Arabia Contracting Company for the completion of two major development packages at its Masar Destination in Makkah city. ...

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. ...