Makkah Construction Signs Framework Agreements for Hindawiyyah Districts

MCDC

MCDC

4100.SA

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On June 25, 2026, Makkah Construction and Development Company announced the signing of framework agreements with the Royal Commission for Makkah City and Holy Sites on June 24, 2026, regarding the development project for Western Hindawiyyah and Southern Hindawiyyah districts in Makkah City. The company participated alongside Umm Al-Qura for Development and Construction Company and Al Rajhi Real Estate Union Company in signing these agreements, which establish the general cooperation framework and define key principles for subsequent project phases. This signing represents a regulatory and contractual milestone following the project award announcement dated June 1, 2026, though the financial impact cannot be determined at this stage.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96380&anCat=1&cs=4100&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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