About AL-MQR

Al Mqr Development Company was established by a royal decree with the aim of serving as the investment arm of the Municipality of Al-Madinah Al-Munawarah region. It is dedicated to urban development, creating opportunities, building investment destinations, empowering the private sector, and enhancing the quality of life in residential, healthcare, educational, recreational, and logistical sectors. This is to contribute to the development and advancement of the Al-Madinah Al-Munawarah region

Almqr Company For Developments

Our Vision

To make Al-Mqr a model for urban development and growth

Almqr Company For Developments

Our Message

Creating an attractive investment environment that enhances the competitiveness of Al-Madinah Al-Munawarah and its quality of life

Almqr Company For Developments

The CEO Message

Al-Madinah Al-Munawarah has been blessed with numerous assets and competitive advantages that make it a unique and distinctive. Today, we have the prophetic heritage, historical landmarks, geographic diversity, spirituality, which have been a source of inspiration for many projects presented by Al-Mqr Company for Development and Growth as an opportunities for local and foreign investors and entrepreneurs

Almqr Company For Developments
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Creating destinations

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Building partnerships

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Empowering

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Development

Our Projects

Heart of Uhud

Investment size

2B

investment Space

240K m2

A rehabilitative medical resort with specialized competencies and expertise, enhancing the status of Medina and highlighting its spiritual importance to become a center of excellence, and a leading global destination

Mashraf Al-Majdiah

Investment size

1.3B

investment Space

460K m2

An integrated residential community model that brings together all the elements of modern life

King Abdul Aziz Square

Investment size

200M

investment Space

46K m2

A developmental landmark and tourist destination that reflects the religious, historical and cultural heritage of the region

All Projects

Our Initiatives

Data initiative

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Diwaniyah Al Mqr

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Medex initiative

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Investment Opportunities

Emran

A pre-qualification program to provide engineering and real estate services

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Invest with us

Al-Mqr Development Company, the investment arm of the Municipality of Medina region, is a pioneer in the development of the region. We offer quality projects aimed to attract investors with financial solvency and technical competence

Invest with us

Land areas

6.5 million m2

Number of sectors

9

Number of projects

17

Privatization of municipal services

3

Investment models

5

Number of partnerships

31

Investment Size

7 billion

Number of investment funds

4

Al MQR News

A white facade with transparent glass reflects transparency and enhances confidence in the headquarters

In a few days, Al-Maqar Development Company will reveal the details of its new building, extending over an are

A white facade with transparent glass reflects transparency and enhances confidence in the headquarters

In a few days, Al-Maqar Development Company will reveal the details of its new building, extending over an are
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“Al-Othaim Investment” signs a memorandum of understanding with “Al-Maqar Development and Development”… to develop major qualitative projects in Medina

Al-Othaim Investment Company announced the signing of a memorandum of understanding with Al-Maqar Development

“Al-Othaim Investment” signs a memorandum of understanding with “Al-Maqar Development and Development”… to develop major qualitative projects in Medina

Al-Othaim Investment Company announced the signing of a memorandum of understanding with Al-Maqar Development

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“Diwaniyat Al-Maqar”… a dialogue session that explores the future of the date industry, its economics, and the empowerment of farmers in Medina

The dialogue session, which was held in the fifth “Diwaniyat al-Maqr” in Medina, discussed anticipating the fu

“Diwaniyat Al-Maqar”… a dialogue session that explores the future of the date industry, its economics, and the empowerment of farmers in Medina

The dialogue session, which was held in the fifth “Diwaniyat al-Maqr” in Medina, discussed anticipating the fu
Watch the news

“Cradle of Light”… Faisal bin Salman inaugurates the city projects exhibition (MEDEX 2022)

Prince Faisal bin Salman bin Abdulaziz, Governor of the Medina region, praised the attention and care that the

“Cradle of Light”… Faisal bin Salman inaugurates the city projects exhibition (MEDEX 2022)

Prince Faisal bin Salman bin Abdulaziz, Governor of the Medina region, praised the attention and care that the
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