On June 3, 2026, Makkah Construction and Development Co. announced the results of its 39th Ordinary General Assembly Meeting held on June 2, 2026, with 54.21% shareholder attendance. The meeting approved a dividend distribution of SAR 300,000,000 (SAR 1.50 per share, representing 15% of nominal value) for fiscal year 2025, with distribution starting June 22, 2026. Shareholders approved the appointment of Al-Sayed Al-Ayouti and Partners as external auditor for 2026-2027 with total fees of SAR 850,000, and elected 11 new Board of Directors members for a four-year term beginning June 10, 2026. The assembly also approved various related-party transactions including bridge financing of SAR 880,000,000 from AlJazira Bank and hotel renovation contracts worth SAR 25,628,844.

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