Makkah Construction and Development Co. (MCMD)
Top 50 Real Estate Developers in MENA 2021

Makkah Construction and Development Co.

Rank: 15

Country: Saudi Arabia

CEO: Seraj Hamzah Abdullah Ateeq

Date of establishment: 1988

MCMD is reconstructing the area surrounding Masjid al-Haram in Makkah. It is developing, managing, leasing, and building real estate projects in the area. The company’s first commercial residential complex covers 13,706 square meters, and its total built-up area is 228,000 square meters. MCDC had total assets worth $1.4 billion by September 2021. It owned 9.3% of Tadawul-listed Jabal Omar Development Co. as of November 2021.