02:57 AM EDT, 10/26/2026 (MT Newswires) -- Real estate developer Umm Al Qura for Development and Construction Co. (SASE:4325) said that Al-Inma Second Development signed a sale agreement with Al Sakan Al-Mithali for Development for a land plot in Masar Destination in Makkah, Saudi Arabia. The 3,217-square-meter plot is valued at 139 million Saudi riyals and will be used for a hospitality tower project, according to a Monday release. Al-Inma Second Development is the special purpose vehicle for Al-Inma Makkah Development Fund II, all the units of which are owned by Umm Al Qura.

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