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Medina Opens Commercial Hotel Investment
The Municipality of Madinah has announced an investment opportunity to develop and operate a commercial hotel building in Al-Qablatain neighborhood. It is located at the intersection of King Abdullah bin Abdulaziz Road and Khalid bin Al-Walid Road, adjacent to the Qublatain Mosque, one of the city's prominent landmarks. The project spans an area of 6,550 square meters and is offered under a 50-year investment contract, complemented by a 36-month grace period. The aim is to meet the needs of visitors and pilgrims, while boosting the economic activity in the area through a sustainable investment that enhances consistent returns, thanks to the continuous flow of visitors throughout the year.
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