Seven awarded contracts worth $2.5bn in 2023 for the development of its entertainment destinations in the kingdom
Saudi Entertainment Ventures (Seven), a wholly-owned subsidiary of Saudi sovereign wealth vehicle the Public Investment Fund, has selected the local Modern Building Leaders (MBL) for the contract to build its estimated SR1.3bn ($347m) entertainment destination in Mecca.
The development covers an area of 80,000 square metres (sq m) and is located in the Al Abidiyah district on Taif Road, near Umm Al Qura…
