OUR NEWS
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PRESS RELEASES
OUR NEWS
Rua Al Madinah Holding signs an agreement with Accor to develop over 1,000 hotel rooms
Rua Al Madinah Holding company signed an agreement with Accor, Global augmented hospitality Group, for the operation of multiple premium and luxury hotels within Rua Al Madinah Project, which is currently underway, at the area just east of the Prophet Mosque in Madinah. The signing took place on the sidelines of Future Hospitality Summit, being held in Riyadh from 7-9 May. The agreement was signed by Ahmed Al Juhani, Chief Executive Officer of Rua Al Madinah Holding company, and Duncan O’Rourke, Accor’s CEO for the Premium, Midscale, and Economy Division for Middle East, Africa, and Asia Pacific.
Rua Al Madinah Holding Signs Hotel Management Agreement with Marriott International for 8-Brands
Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdulaziz, Governor of Madinah, Rua Al Madinah Holding signed an agreement with Marriott International for a set of hotels to be opened within its project located east of the Prophet’s Mosque. The agreement was signed by Eng. Ahmed Al Juhani, Chief Executive Officer of Rua Al Madinah Holding, and Satya Anand, President for Europe, Middle East, and Africa (EMEA) at Marriott International.
Rua Al Madinah Holding Co. signed an agreement with Hyatt Hotels Corporation to operate three hotels, the first Hyatt hotels in Madinah, as part of Rua Al Madinah Project
French Consul General, Jeddah makes official visit to Rua Al Madinah Holding Company Headquarters
Her Excellency Mrs. Catherine Corm-Kammoun, Consul General of France in Jeddah, visited the Rua Al Madinah Holding Company’s headquarters. A wholly owned Public Investment Fund (PIF) subsidiary, Rua Al Madinah Holding Company is actively involved in real estate development throughout Madinah city. She was received by Eng. Ahmed Al-Juhani, CEO of Rua Al Madinah Holding Company, and a number of accompanying senior officials.
Rua Al Madinah Holding Participates as Diamond Sponsor of Employment Open Day at King Fahd University of Petroleum and Minerals
Rua Al Madinah Holding, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund, has sponsored the annual Employment Open Day at King Fahd University of Petroleum and Minerals. The company participated as a diamond sponsor of the event, which was held under the patronage of the President of the university His Excellency Dr. Muhammad M. Al-Saggaf from October 31 until November 3 2022 at the institution’s headquarters in Dhahran.
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HRH GOVERNOR OF MADINAH SPONSORS A COOPERATION AGREEMENT BETWEEN MADAC EDUCATION AND RUA AL MADINA HOLDING
Almadinah Almunawwarah Sep 25, 2022
Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdulaziz, Governor of Madinah Region and President of the Board of Trustees of the Madac Academy, a new cooperation agreement has been signed between the academy and Rua Al Madinah Holding.
The new agreement aims to strengthen the partnership between the two parties to bolster quality education in the holy city and contribute to the development of the academy to establish and support an integrated educational class, read more
PRESS RELEASES
Rua Al Madinah Holding partners with Accor to light up the hospitality landscape in Madinah
May 09, 2023
Saudi Arabia is set to transform Madinah into a modern Islamic and cultural destination thanks to Rua Al Madinah Holding Co., the real estate company owned by the Public Investment Fund, read more
Accor announces collaboration with Rua Al Madinah Holding in Madinah, Saudi Arabia
May 09, 2023
Massive new hotel supply to transform Saudi Arabia’s hospitality landscape
May 08, 2023
Saudi Arabia’s hospitality sector is on track for a major breakthrough as top developers used the Future Hospitality Summit held in Riyadh to outline their ambitious plans for the future. read more
Rua Al Madinah Holding signs deals worth $160m at PIF Private Sector Forum
Mar 16, 2023
Rua Al Madinah Holding has signed four contracts with Saudi companies worth SR600 million ($159.76 million) during the Public Investment Fun’’s Private Sector Forum. read more
Hyatt signs agreement with Rua Al Madinah Holding Company to bring three new hotels to the Kingdom of Saudi Arabia
Feb 07, 2023
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into management agreements with Rua Al Madinah Holding Company to manage three new Hyatt-branded hotels, read more
Rua Al Madinah Holding announced as a Sustainable Partner of the 2nd Real Estate Future Forum
Jan 22, 2023
Rua Al Madinah Holding has been announced as the sustainable partner of the 2nd Real Estate Future Forum. The influential event is scheduled to take place from 23-25 January 2023 under read more
Real Estate Future Forum 2023 selects Rua Al Madinah Holding as sustainable partner
Jan 22, 2023
Rua Al Madinah Holding, a wholly owned unit of Saudi’s Public Investment Fund (PIF), has been named as the sustainable partner of the 2nd Real Estate Future Forum.
The influential event is read more
Rua Al-Madinah showcases projects to global audience at Hajj Expo
Jan 10, 2023
Rua Al-Madinah Holding is participating as a strategic sponsor in the ongoing Hajj Expo, taking place under the patronage of Prince Khaled Al-Faisal, adviser to the Custodian of the Two Holy read more
Custodian of the Two Holy Mosques Chairs Cabinet’s Session
Aug 30, 2022
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet’s session held on Tuesday afternoon at Al-Salam Palace in Jeddah. At the outset of the session, read more
Saudi Govt Reviews Regional, Int’l Developments
Aug 30, 2022
The Saudi government reviewed on Tuesday the latest regional and international developments. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the meeting read more
Rua Al Madinah Project Will Create 93,000 Jobs, CEO Says
Aug 26, 2022
Rua Al Madina Project CEO Ahmed Al Juhani said the project will create a total of 93,000 direct and indirect job opportunities. Al Juhani in an interview with Al Ekbariya News read more
Rua Al Madinah project to facilitate 30M pilgrims, 93K jobs
Aug 26, 2022
Saudi Arabia’s Crown Prince Mohammad bin Salman has announced the launch of the infrastructure works and the master plan for the Rua Al Madinah project, in the area east of the Prophet’s Mosque, read more
Saudi Crown Prince Launches Infrastructure Works for Project
Aug 25, 2022
Saudi Crown Prince Mohammed bin Salman, chairman of the Council of Economic and Development Affairs (CEDA) and chairman of the Public Investment Fund (PIF), has inaugurated the infrastructure read more
Saudi crown prince launches Rua Al-Madinah project near Prophet’s Mosque
Aug 25, 2022
Saudi Arabia’s Crown Prince Mohammed bin Salman on Wednesday unveiled the master plan for the Rua Al-Madinah project — a mega mixed-used real estate development read more
Rua Al Madinah project to create 93,000 jobs: CEO
Aug 25, 2022
Rua Al Madinah project, which was launched by Crown Prince Mohammed bin Salman, will provide 93,000 direct and indirect job opportunities, Al Ekhbariya TV reported, citing CEO read more
Saudi Crown Prince launches Rua Al-Madinah Project master plan
Aug 24, 2022
Saudi Crown Prince Mohammed bin Salman inaugurated the infrastructure works and unveiled the master plan for the Rua Al-Madinah Project in the area east of the Prophet’s Mosque. read more
HRH Crown Prince Launches Infrastructure Works and Master Plan for Rua Al Madinah Project
Aug 24, 2022
HRH Crown Prince Mohammed bin Salman bin Abdulaziz, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund (PIF) read more