Shaker: Demand in Mecca Driven by Faith not Cycles
Indonesia's sovereign investment body Danantara has completed a $533 million property acquisition in Mecca. Thakher Development announced the handing over of the title, marking the first time land at Thakher Makkah has been made available to investors from outside Saudi Arabia. Faisal Shaker, CEO of Thakher Development spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
