{"version":"1","article":{"id":"rua-mrcb-king-salman-gate-study-agreement-2026","slug":"rua-mrcb-king-salman-gate-study-agreement-2026","language":"en","url":"https://haberpaper.com/en/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=en","title":"RUA and MRCB begin study of a SAR 21 billion King Salman Gate proposal","summary":"The companies signed a collaboration agreement to explore a transit-linked mixed-use development; its indicative value of about SAR 21 billion remains subject to review, financing and final agreements.","category":"business","region":"world","topics":[],"published_at":"2026-10-08T23:31:12+03:00","modified_at":"2026-10-08T23:31:12+03:00","publication_basis":"publication-record","event_period":"2026-09-28","event_period_basis":"event-or-reference-period","sources":[{"name":"RUA AlHaram AlMakki","url":"https://ruaalharam.com/rua-alharam-almakki-and-mrcb-partner-on-sar-21-billion-development-at-king-salman-gate-in-makkah/","checkedAt":"2026-10-08","publishedAt":"2026-09-28"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/rua-mrcb-king-salman-gate-study-agreement-2026","api_url":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026?lang=es"}],"data_types":["metrics"],"data":{"version":1,"blocks":[{"id":"king-salman-gate-study-value","type":"metrics","title":{"tr":"King Salman Gate önerisi için gösterge değer","en":"Indicative value for the King Salman Gate proposal","ar":"القيمة الاسترشادية لمقترح بوابة الملك سلمان","fr":"Valeur indicative de la proposition King Salman Gate","es":"Valor indicativo de la propuesta King Salman Gate"},"description":{"tr":"RUA, incelenecek karma kullanımlı öneri için yaklaşık brüt geliştirme değeri açıklıyor; bu nihai maliyet veya sözleşme tutarı değil.","en":"RUA reports an approximate gross development value for the mixed-use proposal under study; this is not a final cost or contract amount.","ar":"تذكر رؤى قيمة تطويرية إجمالية تقريبية للمقترح متعدد الاستخدامات قيد الدراسة؛ وليست تكلفة نهائية أو قيمة عقد.","fr":"RUA indique une valeur brute de développement approximative pour la proposition mixte à l’étude ; ce n’est ni un coût final ni un montant contractuel.","es":"RUA informa de un valor bruto de desarrollo aproximado para la propuesta mixta en estudio; no es un coste final ni un importe contractual."},"methodology":{"tr":"Kaynak, değeri yaklaşık ve gösterge niteliğindeki gross development value olarak tanımlar. Proje durum tespiti, onay, finansman, aşamalandırma ve kesin anlaşmalara bağlıdır; rakam inşaat maliyeti veya gerçekleşmiş yatırım değildir.","en":"The source describes the figure as an approximate indicative gross development value. The proposal remains subject to due diligence, approvals, financing, phasing and definitive agreements; it is not construction cost or realized investment.","ar":"يصف المصدر الرقم بأنه قيمة تطويرية إجمالية تقريبية واسترشادية. ويظل المقترح رهناً بالعناية الواجبة والموافقات والتمويل والمراحل والاتفاقات النهائية؛ وليس تكلفة إنشاء أو استثماراً محققاً.","fr":"La source présente le chiffre comme une valeur brute de développement approximative et indicative. La proposition reste soumise à la diligence, aux autorisations, au financement, aux phases et aux accords définitifs ; ce n’est ni un coût de construction ni un investissement réalisé.","es":"La fuente describe la cifra como valor bruto de desarrollo aproximado e indicativo. La propuesta sigue sujeta a diligencia debida, aprobaciones, financiación, fases y acuerdos definitivos; no es un coste de construcción ni una inversión ejecutada."},"sourceUrls":["https://ruaalharam.com/rua-alharam-almakki-and-mrcb-partner-on-sar-21-billion-development-at-king-salman-gate-in-makkah/"],"updatedAt":"2026-10-08T20:17:16+00:00","items":[{"label":{"tr":"Yaklaşık gösterge brüt geliştirme değeri","en":"Approximate indicative gross development value","ar":"قيمة تطويرية إجمالية استرشادية تقريبية","fr":"Valeur brute de développement indicative approximative","es":"Valor bruto de desarrollo indicativo aproximado"},"value":21,"unit":"billion SAR","period":"2026-09-28","basis":"estimate","measure":{"id":"king-salman-gate-indicative-gdv","unitCode":"billion-sar","geography":"makkah-saudi-arabia","frequency":"irregular","aggregation":"unspecified","periodRole":"announcement-date"}}]}]},"data_compilations":[{"id":"king-salman-gate-study-value","creator":{"@type":"Organization","@id":"https://haberpaper.com/#organization","name":"Haber Paper","url":"https://haberpaper.com/"},"license":{"@type":"CreativeWork","@id":"https://haberpaper.com/en/data-terms/v1#license","name":"Haber Paper Original Data Compilation License 1.0","url":"https://haberpaper.com/en/data-terms/v1"},"rights_scope":"Haber Paper original data arrangement, labels and methodology notes only; underlying source rights and permissions remain separate.","source_license_url":null}],"data_downloads":[{"id":"king-salman-gate-study-value","formats":{"json":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026/data/king-salman-gate-study-value?lang=en&format=json","csv":"https://haberpaper.com/api/v1/articles/rua-mrcb-king-salman-gate-study-agreement-2026/data/king-salman-gate-study-value?lang=en&format=csv"}}],"content":{"paragraphs":["RUA AlHaram AlMakki, a Saudi Public Investment Fund company and master developer of King Salman Gate, signed a collaboration agreement with Malaysia’s MRCB International to study a transit-oriented mixed-use destination within the Makkah project. RUA’s September 28, 2026 announcement puts the proposed development’s indicative gross development value at approximately SAR 21 billion. It also says the figure is subject to due diligence, approvals, financing, decisions on implementation phases and definitive agreements. The amount is therefore not completed investment spending or a construction contract awarded to MRCB.","The agreement was signed in Kuala Lumpur. RUA says it was signed by its chief executive, Bambang Kajairi, and MRCB Group Managing Director Dato’ Imran Salim, with executives from PIF and MRCB attending as witnesses. RUA says it will retain stewardship of King Salman Gate’s overall vision and delivery. MRCB’s experience with transport-linked urban developments is one of the capabilities the parties plan to consider. The announcement cites KL Sentral in Malaysia as an example of integrating transport connections with other urban uses; it does not say that the same design will necessarily be built in Makkah.","The proposal under study would consider a public bus terminal alongside residential, commercial, retail and other mixed-use components within King Salman Gate. The companies also plan to assess how transport links and supporting services could improve access, journeys and the experience of pilgrims and visitors. RUA describes these elements as matters to explore under the collaboration, rather than as a final project scope or construction schedule. Its announcement gives no parcel area, number of units, capacity, cost allocation or start date. Those details cannot be inferred from the indicative SAR 21 billion figure alone.","The agreement also calls for the parties to explore a framework for developing, financing and delivering the proposal. That wording does not establish that financing has been secured or that RUA and MRCB have formed a final project company. RUA lists due diligence and approvals, financing, the determination of implementation phases and definitive agreements as conditions still to be addressed. The news is therefore that the companies have begun studying a specific transit and mixed-use concept, not that a development has been completed. Without later decisions, a delivery date, final budget or construction commitment cannot be stated.","RUA presents King Salman Gate as a wider destination intended to serve pilgrims and visitors in Makkah while preserving the city’s heritage. The MRCB agreement concerns one possible development within that larger project; the approximate SAR 21 billion indicative value should not be treated as the cost of the entire King Salman Gate scheme. RUA describes possible mobility and visitor benefits as aims. Whether they materialize will depend on design, approvals, financing and implementation. At this stage, the public information consists of a study agreement, a set of proposed components and a conditional value estimate."],"key_points":[],"sections":[]},"text":"The companies signed a collaboration agreement to explore a transit-linked mixed-use development; its indicative value of about SAR 21 billion remains subject to review, financing and final agreements.\n\nRUA AlHaram AlMakki, a Saudi Public Investment Fund company and master developer of King Salman Gate, signed a collaboration agreement with Malaysia’s MRCB International to study a transit-oriented mixed-use destination within the Makkah project. RUA’s September 28, 2026 announcement puts the proposed development’s indicative gross development value at approximately SAR 21 billion. It also says the figure is subject to due diligence, approvals, financing, decisions on implementation phases and definitive agreements. The amount is therefore not completed investment spending or a construction contract awarded to MRCB.\n\nThe agreement was signed in Kuala Lumpur. RUA says it was signed by its chief executive, Bambang Kajairi, and MRCB Group Managing Director Dato’ Imran Salim, with executives from PIF and MRCB attending as witnesses. RUA says it will retain stewardship of King Salman Gate’s overall vision and delivery. MRCB’s experience with transport-linked urban developments is one of the capabilities the parties plan to consider. The announcement cites KL Sentral in Malaysia as an example of integrating transport connections with other urban uses; it does not say that the same design will necessarily be built in Makkah.\n\nThe proposal under study would consider a public bus terminal alongside residential, commercial, retail and other mixed-use components within King Salman Gate. The companies also plan to assess how transport links and supporting services could improve access, journeys and the experience of pilgrims and visitors. RUA describes these elements as matters to explore under the collaboration, rather than as a final project scope or construction schedule. Its announcement gives no parcel area, number of units, capacity, cost allocation or start date. Those details cannot be inferred from the indicative SAR 21 billion figure alone.\n\nThe agreement also calls for the parties to explore a framework for developing, financing and delivering the proposal. That wording does not establish that financing has been secured or that RUA and MRCB have formed a final project company. RUA lists due diligence and approvals, financing, the determination of implementation phases and definitive agreements as conditions still to be addressed. The news is therefore that the companies have begun studying a specific transit and mixed-use concept, not that a development has been completed. Without later decisions, a delivery date, final budget or construction commitment cannot be stated.\n\nRUA presents King Salman Gate as a wider destination intended to serve pilgrims and visitors in Makkah while preserving the city’s heritage. The MRCB agreement concerns one possible development within that larger project; the approximate SAR 21 billion indicative value should not be treated as the cost of the entire King Salman Gate scheme. RUA describes possible mobility and visitor benefits as aims. Whether they materialize will depend on design, approvals, financing and implementation. At this stage, the public information consists of a study agreement, a set of proposed components and a conditional value estimate.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"}}}