Makkah Construction and Development Co (MCDC) News - Mubasher Info
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Makkah Construction and Development Co (4100)

Last update: 03:10 PM market time.
87.65
0.40
0.46%
Open 86.30
Previous Close 87.25
High 87.65
Low 85.55
Stock Statistics
Volume 93,324
Turnover 8,077,724.40
All data are 15 minutes late during market session

News

Photo Archive
7 July 10:19 AM MCDC pens SAR 372m deal with Innovative Roots Industrial
Riyadh – Mubasher: Makkah Construction and Development Company (MCDC) has signed a major renovation contract valued at SAR 372 million with Innovative Roots Industrial Company. The agreement covers the comprehensive refurbishment of guest rooms …
Makkah Construction and Development Company (MCDC)
28 June 11:36 AM MCDC unveils framework agreements for Hindawiyyah projects
Riyadh – Mubasher: Makkah Construction and Development Company (MCDC) has announced a significant procedural milestone regarding the development of the Western and Southern Hindawiyyah districts in Makkah. Following the initial project award …
Umm Al Qura for Development and Construction Company
25 June 07:52 PM Umm Al Qura for Development announces framework agreements for Makkah projects
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company (MASAR) has announced a significant milestone in the redevelopment of Makkah’s urban landscape following the signing of framework agreements for the Hindawiyah West and …
Photo Archive
18 June 11:13 PM Makkah Construction forms Audit Committee for upcoming board term
Riyadh – Mubasher: Makkah Construction and Development Company has formally disclosed the composition of its Audit Committee for the new Board of Directors term upon a resolution passed by the Board of Directors, according to a bourse. The …
Photo Archive
17 June 11:05 AM Makkah Construction unveils key appointments for new board term
Riyadh - Mubasher: Makkah Construction and Development Company has officially announced the appointment of its Chairman and Vice Chairman, alongside the formation of its specialized board committees, marking the start of a new governance cycle. …
Photo Archive
3 June 12:43 PM Makkah Construction’s shareholders approve SAR 300m dividends for 2025
Riyadh - Mubasher: The ordinary general meeting (OGM) of Makkah Construction and Development Company approved the board’s recommendation to distribute dividends totaling SAR 300 million for 2025. The group will pay out SAR 1.50 per share, …
Umm Al Qura for Development & Construction Company
1 June 01:01 PM Umm Al Qura launches new 5-year strategy, announces 2nd destination in Makkah
Riyadh – Mubasher: Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination, has announced the receipt of two letters of award for the development of the Hindawiya West and Hindawiya South sites - …
Photo Archive
1 June 09:13 AM Umm Al Qura, Makkah Construction join alliance for SAR 6bn development project
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company received two letters of award from the Royal Commission for Makkah City and Holy Site for a development project with an estimated cost of SAR 6 billion. The company will join …
Photo Archive
10 May 06:05 PM Makkah Construction’s net sales jump to SAR 251.5m in Q1-26
Riyadh - Mubasher: Makkah Construction and Development Company achieved SAR 162.20 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were higher by 8.06% year-on-year (YoY) than SAR …
Photo Archive
11 March 10:14 AM Makkah Construction’s profits increase 15% in 2025; dividends proposed
Riyadh - Mubasher: Makkah Construction and Development Company logged 15.33% year-on-year (YoY) higher net profits attributable to the owners at SAR 474 million in 2025, compared to SAR 411 million. The earnings per share (EPS) grew to SAR 2.37 in …
Photo Archive
29 January 06:37 PM Bank Aljazira unveils SAR 1.5bn profits in 2025, facility deal with Makkah Construction
Riyadh – Mubasher: Bank Aljazira recorded 22.30% year-on-year (YoY) higher net profits at SAR 1.50 billion in 2025, compared to SAR 1.23 billion, according to the financial results. The earnings per share (EPS) rose to SAR 1 in the …
Photo Archive
31 December 2025 04:01 PM Makkah Construction inks SAR 980m purchase deal
Riyadh - Mubasher: Makkah Construction and Development Company purchased a land plot in Makkah from Entrustment and Liquidation Center (infath) at SAR 980 million, according to a bourse filing. Located on Ajyad Street in Makkah, the land spans …
Photo Archive
5 November 2025 01:54 PM Makkah Construction’s net profits rise 17% in 9M-25
Riyadh - Mubasher: Makkah Construction and Development Company registered net profits totaling SAR 380 million in the first nine months (9M) of 2025, marking an annual increase of 16.92% from SAR 325 million. Revenues jumped by 34.12% to SAR 908 …
Photo Archive
3 August 2025 07:57 AM Makkah Construction’s profits leap by nearly 15% in H1-25
Riyadh - Mubasher: Makkah Construction and Development Company achieved net profits valued at SAR 294 million in the first half (H1) of 2025, up 14.84% year-on-year (YoY) from SAR 256 million. The Saudi group posted revenues amounting to SAR 624 …
Makkah Construction and Development Company
5 May 2025 03:45 PM Makkah Construction's net profits leap to SAR 150m in Q1-25
Riyadh - Mubasher: Makkah Construction and Development Company reported 32.74% higher net profits at SAR 150 million in the first quarter (Q1) of 2025, compared with SAR 113 million in Q1-24. The earnings per share (EPS) surged to SAR 0.75 as of …
Photo Gallery
6 March 2025 10:45 AM Makkah Construction unveils 23% higher profits in 2024, dividends proposal
Riyadh – Mubasher: Makkah Construction and Development Company registered SAR 411 million in net profit as of 31 December 2024, which marked a 23.05% year-on-year (YoY) growth from SAR 334 million. Revenues hiked by 14.36% to SAR 836 million last …
Photo Archive
19 December 2024 08:03 PM Makkah Construction obtains regulatory nod for SAR 352m capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Makkah Construction and Development Company to increase its capital from SAR 1.64 billion to SAR 2 billion. In order to implement the transaction, the company will issue …
Photo Archive
3 November 2024 03:01 PM Makkah Construction posts SAR 325m net profits in 9M-24
Riyadh – Mubasher: Makkah Construction and Development Company generated net profits worth SAR 325 million in the first nine months (9M) of 2024, an annual leap of 26.95% from SAR 256 million. Revenues amounted to SAR 677 million in 9M-24, up …
Photo Archive
29 August 2024 09:50 AM Makkah Construction acquires 30% stake in First Avenue for SAR 341m
Riyadh – Mubasher: Makkah Construction and Development Company entered into share purchase agreements with 57 shareholders of First Avenue Real Estate Development Company on 27 August 2024. The Tadawul-listed company purchased 56.81 million shares …
Photo Archive
31 July 2024 10:44 AM Makkah Construction and Development posts 37% YoY higher profit in H1-24
Riyadh – Mubasher: The net profit of Makkah Construction and Development Company leapt by 36.89% year-on-year (YoY) to SAR 256 million during the first half (H1) of 2024 from SAR 192 million. The company’s revenue surged by 54.02% YoY to SAR 536 …
Photo Archive
30 June 2024 11:15 AM Makkah Construction and Development announces CEO resignation
Riyadh – Mubasher: The board of Makkah Construction and Development Company has accepted the resignation of Fahd Muhammad Al Fawaz from the position of CEO due to personal circumstance. The decision will be effective 1 July 2024, according to a …
Photo Archive
15 May 2024 03:15 PM Makkah Construction and Development logs 74% YoY higher profit in Q1-24
Riyadh – Mubasher: The net profit of Makkah Construction and Development Company jumped by 73.84% year-on-year (YoY) to SAR 113 million in the first quarter (Q1) of 2024 from SAR 65 million. Revenues surged by 32.14% YoY to SAR 185 million in …
Photo Archive
25 March 2024 00:09 PM Makkah Construction’s net profit jumps 114% YoY in 2023; dividends approved
Riyadh – Mubasher: The net profit of Makkah Construction and Development Company leapt 114.10% year-on-year (YoY) to SAR 334 million in 2023 from SAR 156 million. Revenues soared 58.57% YoY to SAR 731 million last year from SAR 461 million, …
Photo Archive
21 December 2023 11:37 AM Jabal Omar eyes capital hike via debt conversion
Riyadh – Mubasher: Jabal Omar Development Company penned two debt settlement agreements with Central District Cooling Company and Makkah Construction and Development Company. The board members of Jabal Omar recommended a capital hike by way of …
Photo Archive
7 November 2023 04:55 PM Makkah Construction logs SAR 256m net profits in 9M-23
Riyadh – Mubasher: The net profits after Zakat and tax of Makkah Construction and Development Company amounted to SAR 256 million in the first nine months (9M) of 2023. The recorded net profits were higher by 124.56% year-on-year (YoY) than SAR …