{"id":80129,"date":"2025-07-02T10:07:12","date_gmt":"2025-07-02T07:07:12","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=80129"},"modified":"2025-11-25T21:16:10","modified_gmt":"2025-11-25T21:16:10","slug":"1-4-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d9%84%d8%aa%d8%b7%d9%88%d9%8a%d8%b1-%d9%88%d8%ad%d8%af%d8%a7%d8%aa-%d9%81%d9%86%d8%af%d9%82%d9%8a%d8%a9-%d9%88%d8%b3%d9%83%d9%86%d9%8a","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/80129\/","title":{"rendered":"1.4 billion riyals to develop hotel and residential units in Makkah Path through a new investment fund"},"content":{"rendered":"<p>Announced <strong><a href=\"https:\/\/www.ummalqura.com.sa\/ar\">Umm Al-Qura Development and Construction Company<\/a><\/strong>Developer and operator.<strong><a href=\"https:\/\/amlak.net.sa\/en\/59237\/\"> for a \u201cpath\u201d destination\u201d<\/a> <\/strong>Makkah, announced the signing of a memorandum of understanding with Naif Al Rajhi Investment Company and Al Jazeera Capital to launch a private real estate fund with a target capital of SAR 1.4 billion to develop hotel and residential units within the destination.<\/p>\n<p>The collaboration comes as a strategic move to support the growth of the hospitality and residential sectors within Masaar, and enhance the experience of visitors and residents by providing modern and diverse accommodation options.<\/p>\n<p>Yasser Abdulaziz Abu Atiq, CEO of Umm Al Qura for Development and Construction, welcomed the new partnership, emphasizing that the agreement reflects the growing confidence in the investment potential of Masar, one of Makkah's ambitious urban projects.<\/p>\n<p>Nayef Saleh Al Rajhi, Chairman and CEO of Nayef Al Rajhi Investment Company, expressed his pride in this partnership, which aims to develop two quality projects in Masar, emphasizing the company's commitment to contribute to the creation of projects that enhance the quality of life in the Kingdom.<\/p>\n<p>Nayef Al Missned, CEO and Managing Director of Al Jazeera Capital, noted that this initiative represents a new step towards providing innovative and diversified investment solutions in line with the aspirations of customers, stressing the importance of the real estate sector as one of the tributaries of sustainable economic development.<\/p>\n<p>According to a statement issued by Umm Al-Qura, Masar is an urban destination that aims to improve the quality of life in Makkah through advanced facilities and services, and provides an integrated investment environment that supports the Kingdom's vision to develop infrastructure and stimulate tourism and economic growth in the region.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Umm Al-Qura Development and Construction Company, the developer and operator of Makkah's Masar destination, has announced the signing of a Memorandum of Understanding (MoU) with Nayef Al Rajhi Investment Company and Al Jazeera Capital to launch a private real estate fund with a target capital of SAR 1.4 billion to develop hotel and residential units within the destination. The collaboration comes as a strategic move to support growth in the real estate sector. <a title=\"1.4 billion riyals to develop hotel and residential units in Makkah Path through a new investment fund\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/80129\/\" aria-label=\"Read more about 1.4 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644 \u0644\u062a\u0637\u0648\u064a\u0631 \u0648\u062d\u062f\u0627\u062a \u0641\u0646\u062f\u0642\u064a\u0629 \u0648\u0633\u0643\u0646\u064a\u0629 \u0641\u064a \u00ab\u0645\u0633\u0627\u0631 \u0645\u0643\u0629\u00bb \u0639\u0628\u0631 \u0635\u0646\u062f\u0648\u0642 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a \u062c\u062f\u064a\u062f\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":80131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[7786],"tags":[],"class_list":["post-80129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mecca-madinah"],"acf":{"amlak_post_excerpt":"\u0634\u0631\u0627\u0643\u0629 \u062a\u0647\u062f\u0641 \u0644\u062f\u0639\u0645 \u0646\u0645\u0648 \u0627\u0644\u0636\u064a\u0627\u0641\u0629 \u0648\u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0641\u064a \u0648\u062c\u0647\u0629 \u00ab\u0645\u0633\u0627\u0631\u00bb \u0639\u0628\u0631 \u0635\u0646\u062f\u0648\u0642 \u0639\u0642\u0627\u0631\u064a \u0645\u0634\u062a\u0631\u0643 \u0628\u0642\u064a\u0627\u062f\u0629 \u0623\u0645 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