Riyadh – Mubasher: Umm Al Qura Company for Development and Construction (UAQ) and Alinma Investment Company launched the Makkah Real Estate Development Funds with more than SAR 17 billion ($4.5 billion) in investments.
The funds are invested in seven hotel towers and two commercial complexes on the King Abdul Aziz Road (KAAR) project in Makkah, Reuters reported.
The project presents various residential and commercial options.
