
Saudi Crown Prince Mohammed bin Salman, chairman of the Council of Economic and Development Affairs (CEDA) and chairman of the Public Investment Fund (PIF), has inaugurated the infrastructure works and unveiled the master plan for the Rua Al Madinah Project in the area east of the Prophet’s Mosque.
The project is being developed and implemented by Rua Al Madinah Holding Company, a PIF company that specializes in development, operation, and real estate investment in Madinah. A part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.