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Steady progress is being made on the SAR26 billion ($7 billion) Thakher Makkah project located in the Saudi city featuring a mix of residential, retail and hospitality elements. Work is already completed on 8 four-star hotels as well as hotel apartments.
On its third day, Cityscape Global saw the signing of a number of investment agreements and deals between local and international parties, reflecting the extent of global interest in Saudi Arabia’s real estate sector. The Cityscape Global exhibition, which is currently being held in Riyadh, brought together more than 350 companies from 21 countries to conclude major investment deals.
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Thakher Development Company in Makkah, the master developer of the Thakher Makkah project, has announced signing a Memorandum of Understanding (MoU) with Banque Saudi Fransi which will offer the company's customers with a range of financing solutions.
The awards extolled stalwarts and companies from across the region’s business landscape.