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RUA AlHaram AlMakki Company Marks Cityscape Global Debut with Six New Strategic Agreements

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  • RUA AlHaram AlMakki Company completes its first Cityscape Global appearance by signing six major MoUs, strengthening investment and partnerships for the King Salman Gate project.
  • King Salman Gate presented as a visionary development designed to unite the global Muslim community at the heart of Makkah.
  • The company’s immersive pavilion attracted thousands of attendees, featuring vibrant displays and tributes to Makkah’s cultural legacy.

RUA AlHaram AlMakki Company, the PIF-owned master developer and a Foundation Partner of Cityscape Global 2025, has announced the signing of six significant Memorandums of Understanding with partners from Saudi Arabia, Indonesia, Malaysia, Brunei and the United States. These agreements mark an important step forward for international collaboration and investment in the company’s flagship King Salman Gate development in the Holy City of Makkah.

This series of MoUs underscores RUA AlHaram AlMakki Co.’s ambition to unite the global Muslim community in shaping the future of Makkah. By attracting partnerships from a wide range of markets, the company is working to ensure that the destinations created in Makkah will cater to pilgrims, travellers and enterprises from across the world.

During Cityscape Global, held in Riyadh from 17–20 November 2025, RUA AlHaram AlMakki Co. formalized the following MoUs:
  • Osool, a real estate investment and asset management firm in Saudi Arabia, signed an MoU with RUA AlHaram AlMakki Co. to explore investment opportunities within King Salman Gate.
  • Badan Pengelola Keuangan Haji (BPKH), Indonesia’s Hajj financial management agency, signed two MoUs with RUA AlHaram AlMakki Co. — one to assess strategic investment opportunities in the project and another to evaluate partnership opportunities in the urban dining components of the company’s future developments.
  • Malaysian Resources Corporation Berhad (MRCB), a leading Malaysian property and infrastructure developer, signed a Joint Venture MoU with RUA AlHaram AlMakki Co. to explore collaborative opportunities within the King Salman Gate project.
  • Perbadanan Tabung Amanah Islam Brunei (TAIB), Brunei’s Islamic trust fund, signed a General Investment MoU with RUA AlHaram AlMakki Co. to evaluate investment in one of the company’s plots in Makkah.
  • Forbes Global Properties, the exclusive real estate partner of Forbes, signed a MoU with RUA AlHaram AlMakki Co. to explore strategic collaboration. RUA AlHaram AlMakki Co. is the first real estate developer globally to join Forbes Global Properties. The MoU will support the company’s, enhancing international visibility and access to ultra-high-net-worth audiences through Forbes’ global network.
The signing of these MoUs marks a pivotal milestone in the development of King Salman Gate, the company’s transformative mixed-use development adjacent to AlMasjid AlHaram. The project is poised to set new benchmarks in urban living, hospitality and cultural preservation, supporting Saudi Arabia’s Vision 2030 and strengthening Makkah’s position as a global destination.
RUA AlHaram AlMakki Co. welcomes ongoing collaboration with partners and investors from around the world as King Salman Gate enters its next phase of development.
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Business & Finance Editor, Dubai Week 📍 Based in Dubai — With over a decade of experience dissecting global markets, fiscal policy, and corporate strategy, Stuart Wagner leads the finance desk at Dubai Week, delivering in‑depth analysis tailored to UAE and GCC audiences.

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