Arabian Dyar and Al Rajhi Capital to Launch Real Estate Fund for Mecca and Madinah

Arabian Dyar and Al Rajhi Capital have announced their collaboration to establish a fund aimed at developing new real estate projects in the sacred cities of Mecca and Madinah. Bloomberg posted on X, highlighting the significance of this partnership in enhancing the infrastructure and housing facilities in these religiously important locations. The initiative is expected to boost the local economy and provide modern amenities to residents and visitors alike. This strategic move aligns with the broader vision of urban development in the region, focusing on sustainable growth and improved living standards.