Madinah, Saudi Arabia – February 24, 2025: Under the patronage of His Royal Highness Prince Salman bin Sultan bin Abdulaziz, Governor of Madinah Region, Rua Al Madinah Holding participated as a Diamond Sponsor and Official Judge in the 7th edition of innovative startup-building competition Taibah Innovates. This participation aligns with the company’s efforts to support initiatives that enhance research and innovation in the region, while empowering entrepreneurs to establish their own ventures.
During the event, His Excellency the Undersecretary of the Principality, Mr. Abdulmohsen bin Humaid, honored Rua Al Madinah Holding with a Diamond Sponsor Award.
Organized annually by Taibah University, Taibah Innovates aims to keep pace with technological advancements, promote innovation and entrepreneurship, and discover future leaders. It offers participants the chance to explore and enhance their creative capabilities, develop innovative business solutions, and implement the best practices to build economic knowledge.
In addition, it fosters strategic partnerships and funding agreements, drives sustainable development, creates numerous job opportunities, and focuses on building innovative startups and investing in emerging companies.
The competition covers a wide range of fields, including emerging technologies, shared economy, health and agricultural applications, energy and industry, education and training, tourism and entertainment, Hajj and Umrah services, and environment.
Rua Al Madinah Holding is a PIF company, operating in the real estate development and investment sector. Through its projects, the company contributes to facilitate the hosting of 30 million visitors and enhancing their cultural experience, in alignment with the objectives of the Pilgrim Experience Program—one of the key programs of Vision 2030—and the Hajj and Umrah sector in supporting economic growth and social advancement in Madinah. This harmony allows spiritual serenity to blend seamlessly with modern infrastructure, reinforcing the city’s position as a global cultural destination distinguished by its quality of life, rooted in its rich heritage.