King Salman Gate initiative gains global momentum: RUA AlHaram AlMakki seals 6 partnerships at Cityscape Global

The company hopes to attract pilgrims, tourists, and businesses to Makkah by creating inclusive destinations

RUA AlHaram AlMakki Company, the Public Investment Fund (PIF)-owned master developer and a Foundation Partner of Cityscape Global 2025, proudly announces the successful conclusion of its inaugural participation in the event, marked by the formal signing of six landmark Memorandums of Understanding (MoUs).

These strategic agreements, executed with partners spanning Saudi Arabia, Indonesia, Malaysia, Brunei, and the United States, are set to advance international investment and global collaboration for the Company’s flagship King Salman Gate project in the Holy City of Makkah.
 

The signing of MoUs underscores RUA AlHaram AlMakki Co.’s commitment to fostering a global community contribution toward Makkah’s future development.

By strategically engaging partners across diverse international markets, the Company aims to cultivate inclusive, world-class destinations in Makkah that are dedicated to serving pilgrims, visitors, and enterprises from across the globe.

Showcased as a transformative destination designed to unite the global Muslim community in the heart of Makkah, King Salman Gate garnered significant attention.

The Company’s immersive exhibition booth welcomed thousands of visitors over the four-day event, held in Riyadh from 17–20 November 2025, drawing strong interest through dynamic visuals and compelling tributes to Makkah’s rich heritage.
 

Key strategic agreements formalised at Cityscape Global

The six formal agreements signed by RUA AlHaram AlMakki Co. include:

• Osool (Saudi Arabia): An MoU was signed with Osool, a prominent Saudi real estate investment and asset management firm, to explore prospective investment opportunities within the King Salman Gate project.
   
• Badan Pengelola Keuangan Haji (BPKH) (Indonesia): Two distinct MoUs were signed with Indonesia’s Hajj financial management agency—one for assessing strategic investment opportunities in the project, and a second to evaluate partnership opportunities regarding urban dining components in future developments.
   
• Malaysian Resources Corporation Berhad (MRCB) (Malaysia): A Joint Venture MoU was executed with the leading Malaysian property and infrastructure developer to explore collaborative development opportunities within King Salman Gate.
   
• Perbadanan Tabung Amanah Islam Brunei (TAIB) (Brunei): Brunei’s Islamic trust fund signed a General Investment MoU to evaluate investment in one of the Company’s prime plots in Makkah.
   
• Forbes Global Properties (United States): A strategic collaboration MoU was signed with the exclusive real estate partner of Forbes. RUA AlHaram AlMakki Co. is the first real estate developer globally to join Forbes Global Properties, a partnership intended to enhance the Company’s international visibility and access to ultra-high-net-worth audiences through Forbes’ global network.

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The execution of these Memorandums of Understanding represents a pivotal achievement in the comprehensive development of King Salman Gate, a transformative mixed-use initiative strategically located adjacent to AlMasjid AlHaram.
 

This project is meticulously designed to establish elevated benchmarks in urban living, hospitality services, and cultural preservation, thereby directly supporting the ambitious objectives of Saudi Arabia’s Vision 2030 and solidifying Makkah’s standing as a preeminent global destination.

RUA AlHaram AlMakki Co. affirms its commitment to ongoing engagement with partners and investors worldwide as the King Salman Gate project advances into its subsequent crucial phase of implementation.