Public Investment Fund subsidiaries broaden global ties

Ruaa Al-Haram Mekka Company and Ru’aa Al-Madina Holding Company, both affiliates of the Saudi Public Investment Fund, signed two strategic agreements with the Islamic Amanah Fund in Brunei to enhance investment cooperation in the development projects of Mecca, Medina, and Brunei. The agreements include exploring investment opportunities in the King Salman Gate project in Mecca, with an estimated value of up to 9.7 billion Riyals, as well as collaborating on development projects in the two cities through shared investment expertise. The goal is to enrich the visitor experience and achieve the objectives of Saudi Vision 2030.

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