RUA, MRCB explore $5.5bn mixed-use development at King Salman Gate in Makkah

Saudi property developer RUA AlHaram AlMakki and Malaysia’s MRCB International on Monday signed an agreement to explore a transport-oriented mixed-use development at King Salman Gate in Makkah with an indicative gross development value of about SR21 billion ($5.5 billion). The collaboration will examine the development of a public bus terminal alongside residential, commercial, retail and other mixed-use components, RUA said. The proposed project would be developed within King Salman Gate, a maj