INMAR–Rua Makkah development MoU reported by Argaam

Argaam reported on 21 October 2026 that INMAR had signed a memorandum of understanding with Rua AlHaram AlMakki to explore an integrated property development in central Makkah. The reported signing date was 15 October.

The framework covers potential investment arrangements, subject to internal approvals and definitive agreements. It lasts one year from its effective date or until final agreements are signed, unless the parties agree otherwise. Either party may terminate it with at least 30 days’ written notice.

GCC Tender News has not independently checked the original exchange disclosure. The report does not establish a final development commitment, construction contract or procurement programme, and gives no project value.

Sources: Argaam.