Makkah Construction Buys Land Plot in Saudi Arabia for SAR980 Million

01:53 AM EST, 12/31/2025 (MT Newswires) -- Makkah Construction and Development (SASE:4100) acquired a land plot in Makkah, Saudi Arabia, from Entrustment & Liquidation Center for 980 million Saudi riyals. The construction company said Wednesday that it plans to develop a mixed-use property, featuring a hotel and a mall, on the 6,985-square-meter plot. Makkah Construction used cash on hand and bank facilities to fund the purchase.