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Saudi Arabia's Public Investment Fund (PIF) is working with Lazard on funding options and a potential initial public offering of Masar, a $27 billion mega project in the holy city of Mecca, two ...
Behind the bright billboards along the highway are a jumble of cranes, craters and piles of grey rubble in the ongoing construction of the $26 billion Masar Makkah development project.
Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by the Kingdom of Saudi Arabia which aims to achieve the goal of increased diversification economically, socially and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Masjid al-Haram ( Arabic: ٱَلْمَسْجِدُ ٱلْحَرَام, romanized : al-Masjid al-Ḥarām, lit. 'The Sacred Mosque'), [4] also known as the Sacred Mosque or the Great Mosque of Mecca, [5] is considered to be the most significant mosque in Islam. [6] [7] It encloses the vicinity of the Kaaba in Mecca, in the Mecca Province of ...
The Haramain High Speed Railway ( Arabic: قطار الحرمين السريع, romanized : qiṭār al-ḥaramayn as-sarīʿ, Hejazi Arabic pronunciation: [ɡɪtˤaːr alħarameːn asːariːʕ], abbreviated HHR ), is a passenger railway serving the Mecca and Medina provinces in western Saudi Arabia. The 449.2-kilometre-long (279.1 mi) main ...
Road to Makkah is a Saudi Arabian initiative to streamline the immigration process for pilgrims to Makkah. The initiative was launched in 2019 by the Ministry of Hajj and Umrah (Saudi Arabia) and has been implemented in five countries: Pakistan , Malaysia , Indonesia , Morocco , and Bangladesh .
The Red Sea Project ( Arabic: مشروع البحر الأحمر ), commonly referred to as The Red Sea ( Arabic: البحر الأحمر ), is a planned tourism megaproject in Saudi Arabia. The project, which is developed by Public Investment Fund -owned Red Sea Global, forms part of the Saudi Vision 2030 program. [2] The project was announced ...
Contents. The Clock Towers. The Clock Towers ( Arabic: أبراج الساعة, romanized :Abrāj al-Sāʿad, lit. 'Towers of the Clock', formerly known as Abraj Al Bait ), is a government-owned complex of seven skyscraper hotels in Mecca, Saudi Arabia. These towers are a part of the King Abdulaziz Endowment Project that aims to modernize the ...