{"id":60123,"date":"2026-06-10T01:32:40","date_gmt":"2026-06-09T18:32:40","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=60123"},"modified":"2026-06-10T01:32:40","modified_gmt":"2026-06-09T18:32:40","slug":"umm-al-qura-unveils-sar-50-billion-growth-strategy-and-launches-sar-6-billion-masar-gardens-project-in-makkah","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=60123","title":{"rendered":"Umm Al Qura Unveils SAR 50 Billion Growth Strategy and Launches SAR 6 Billion Masar Gardens Project in Makkah"},"content":{"rendered":"

MAKKAH, SAUDI ARABIA – Media OutReach Newswire<\/a> – 9 June 2026 – Umm Al Qura for Development and Construction has announced its 2026\u20132030 growth strategy, marking a significant step in its transformation from a single-destination developer into a diversified urban destination and investment platform across Saudi Arabia’s Western Region. <\/p>\n

\"Masar
\n
Masar Gardens<\/i> <\/div>\n<\/figcaption><\/figure>\n

As part of this strategy, the company unveiled Masar Gardens, a new mixed-use urban destination in Makkah with an initial infrastructure and land investment of approximately SAR 6 billion. The project spans 1.2 million square meters and is expected to be developed over a five-year period. <\/p>\n

The new strategy targets expanding Umm Al Qura’s development portfolio beyond its flagship Masar Destination, with future projects planned across Makkah, Jeddah, and Madinah. The company aims to create a diversified portfolio of urban destinations valued at exceeding SAR 50 billion while attracting new investment opportunities and strategic partnerships. <\/p>\n

Yasser Abuateek, Chief Executive Officer of Umm Al Qura for Development and Construction, said the company is leveraging its proven development expertise and institutional capabilities to deliver long-term value for investors, communities, and the wider economy. <\/p>\n

Masar Gardens will feature residential, commercial, hospitality, and public-use components supported by extensive infrastructure, green spaces, pedestrian pathways, and modern mobility solutions. The project is designed to contribute to Makkah’s long-term urban development objectives while enhancing quality of life and strengthening the city’s attractiveness as an investment destination. <\/p>\n

The announcement reflects the company’s broader vision of developing scalable urban destinations that support Saudi Arabia’s economic diversification ambitions and create sustainable growth opportunities for local and international investors. <\/p>\n

Hashtag: #Development #SaudiArabia <\/p>\n

https:\/\/www.ummalqura.com.sa\/en<\/a><\/p>\n

The issuer is solely responsible for the content of this announcement.<\/p>\n

\"\"<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

MAKKAH, SAUDI ARABIA – Media OutReach Newswire<\/a> – 9 June 2026 – Umm Al Qura for Development and Construction has announced its 2026\u20132030 growth strategy, marking a significant step in its transformation from a single-destination developer into a diversified urban destination and investment platform across Saudi Arabia’s Western Region. <\/p>\n

\"Masar
\n
Masar Gardens<\/i> <\/div>\n<\/figcaption><\/figure>\n

As part of this strategy, the company unveiled Masar Gardens, a new mixed-use urban destination in Makkah with an initial infrastructure and land investment of approximately SAR 6 billion. The project spans 1.2 million square meters and is expected to be developed over a five-year period. <\/p>\n

The new strategy targets expanding Umm Al Qura’s development portfolio beyond its flagship Masar Destination, with future projects planned across Makkah, Jeddah, and Madinah. The company aims to create a diversified portfolio of urban destinations valued at exceeding SAR 50 billion while attracting new investment opportunities and strategic partnerships. <\/p>\n

Yasser Abuateek, Chief Executive Officer of Umm Al Qura for Development and Construction, said the company is leveraging its proven development expertise and institutional capabilities to deliver long-term value for investors, communities, and the wider economy. <\/p>\n

Masar Gardens will feature residential, commercial, hospitality, and public-use components supported by extensive infrastructure, green spaces, pedestrian pathways, and modern mobility solutions. The project is designed to contribute to Makkah’s long-term urban development objectives while enhancing quality of life and strengthening the city’s attractiveness as an investment destination. <\/p>\n

The announcement reflects the company’s broader vision of developing scalable urban destinations that support Saudi Arabia’s economic diversification ambitions and create sustainable growth opportunities for local and international investors. <\/p>\n

Hashtag: #Development #SaudiArabia <\/p>\n

https:\/\/www.ummalqura.com.sa\/en<\/a><\/p>\n

The issuer is solely responsible for the content of this announcement.<\/p>\n

\"\"<\/p>\n

<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-60123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-outreach-newswire","category-media-outreach-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/60123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60123"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/60123\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}