Investment opportunity for hotel near Al-Qiblatain Mosque
The Medina Province Municipality announced an investment opportunity to establish and operate a commercial hotel building adjacent to Al-Qiblatain Mosque, one of the historical Islamic landmarks in the city. The site is located at the intersection of King Abdullah Bin Abdulaziz Road and Khalid Bin Al-Walid Road, covering an area of 6,550 square meters. The investment contract is for 50 years, with a grace period of 36 months. The aim is to meet the needs of visitors and pilgrims, boost economic activity in the area, and achieve sustainable investment returns due to the continual flow of visitors throughout the year.
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