On July 7, 2026, Makkah Construction and Development Co. announced the signing of a contract with Roots Innovative Industrial Company for the execution of room renovation works at Makkah Hotel and Towers, with the contract dated July 6, 2026. The contract is valued at approximately SAR 372 million, excluding VAT, and has a duration of approximately 19 months. Works will be carried out in phases in accordance with an approved execution plan, with activities scheduled around peak seasons — including Ramadan and Hajj — to ensure full hotel availability. The financial impact will be reflected as capital expenditure over the execution period, with the renovation expected to support the long-term performance and competitiveness of Makkah Hotel and Towers upon completion. Notably, the Company's Board Chairman, Mr. Saleh Mohammed Bin Laden, is identified as a related party to this contract.

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