RIYADH: The Makkah-based Mirkaz Al-Balad Al-Ameen Initiative recently hosted a dialogue session focusing on the role of partnerships in strengthening trust and advancing development, as part of its programs addressing developmental and economic issues shaping the future of Makkah.

The event brought together specialists and stakeholders in investment and development, and highlighted public–private partnerships as a key driver of development and investment in major cities.

It also discussed the role of the real estate market in attracting investment and financing, suggesting that strong market activity enhances investor confidence and supports the launch of projects that improve the urban environment.
The session underscored Makkah’s status as a city of global religious and historical significance, and stressed the need for development projects that respect this, while providing high-quality services for residents and visitors and enhancing their quality of life.
The discussion presented ideas for the development of the investment environment in Makkah related to enhancing transparency and advancing strategic partnerships, enabling high-quality investments and sustainable economic development.