Makkah Construction and Development Company: Business Overview, Financials & Competitive Analysis
Makkah Construction and Development Company scores 7/10 on the AskCyborg Cyborg Score (Strong). Unique monopolistic positioning in premium Mecca real estate with recurring revenue streams from hospitality and property management in a rapidly growing pilgrimage market. Makkah Construction demonstrates strong fundamentals with a 37-year trading history (since 1989), significant market capitalization (~19.5B SAR), consistent dividend payments (1.50 SAR per share).
What is Makkah Construction and Development Company's industry? Makkah Construction and Development Company (mcdc.com.sa) operates in Real Estate Development & Hospitality Management. AskCyborg classifies Makkah Construction and Development Company under Real Estate Development & Hospitality Management in its company registry.
Makkah Construction and Development Company invests in, owns, develops, manages, purchases, and leases properties near Al Masjid Al Haram in the Kingdom of Saudi Arabia. The company engages in engineering works, inclu...
Cyborg Score thesis
Unique monopolistic positioning in premium Mecca real estate with recurring revenue streams from hospitality and property...
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Get Current Report FreeMakkah Construction and Development Company Overview
Pro stress-test →Makkah Construction and Development Company invests in, owns, develops, manages, purchases, and leases properties near Al Masjid Al Haram in the Kingdom of Saudi Arabia. The company engages in engineering works, including building, constructing, repairing, and demolishing works, as well as operates hotels and offers Hajj and Umrah services.
Strategic Profile
Pro stress-test →The company's main activity focuses on developing the areas adjacent to the Grand Mosque in Makkah by carrying out all necessary engineering works, including construction, development, maintenance, demolition, and surveying. It involves owning, developing, managing, investing in, purchasing, and renting properties near the Grand Mosque. The company provides services to the commercial market and residential apartments, as well as the operation and management of Makkah Hilton Hotel and Makkah Hilton Towers.
Competitive Landscape
Pro stress-test →Makkah Construction operates in the real estate management and development sector on TADAWUL main market. Direct competitors are limited due to the company's unique concession-like status as the primary developer of premium real estate adjacent to Al Masjid Al Haram. Indirect competition includes other luxury hospitality operators in Saudi Arabia and regional real estate developers.
Industry Context
Makkah Construction and Development Company operates in Real Estate Development & Hospitality Management.
Key facts
Founded: 1989 · Headquarters: Mecca, Saudi Arabia · Employees: N/A · Revenue: N/A · Market cap: 19.48B SAR