The Medina Region Municipality has offered two investment opportunities for the establishment, operation, and maintenance of a commercial hotel building and a park, as part of its efforts to boost investment and improve quality of life in the region. The first opportunity involves the construction, operation, and maintenance of a commercial hotel building in the Al-Masane district, covering an area of 1,752 square meters, within tourism activities, with a contract duration of up to 25 years. The bid opening date is set for April 28, 2026. This project supports the tourism sector and provides integrated hospitality and commercial services. The second opportunity involves the construction, operation, and maintenance of a park in the Al-Dhahira district, at the intersection of Omar ibn al-Khattab Road and Ishaq ibn Musa ibn Yazid Road. The location features high population density and a variety of nearby commercial activities, as well as easy access via main roads. This opportunity allows investors in the park project to utilize 25% of the total area for commercial, educational, health, and sports activities, contributing to diverse services and enhanced facility integration within the project. The municipality stated that the park project covers approximately 2,076 square meters, with an investment contract duration of 25 years and a grace period of up to 30 months. The Medina Region Municipality invites investors and interested parties to review the details of the investment opportunities and apply through the Saudi Cities Investment Portal “Furas.”
Al-Masane district
Al-Masane is a historic district located in the city of Abha, in southwestern Saudi Arabia. Known for its traditional Asiri architecture, the area features stone and clay buildings with colorful geometric patterns and wooden windows, reflecting the region’s unique cultural heritage. The district has been carefully restored to preserve its historical character, offering visitors a glimpse into the traditional mountain lifestyle and the architectural history of the Asir region.
Al-Dhahira district
Al-Dhahira is a governorate in northwestern Oman, historically known for its strategic location along ancient trade routes connecting the interior to the coast. Its name means “the outer” or “the apparent,” reflecting its role as a gateway to the Rub’ al Khali desert. The region is home to historic forts and settlements, such as those in Ibri and Buraimi, which have long been centers of commerce and culture.
Omar ibn al-Khattab Road
Omar ibn al-Khattab Road is a historically significant thoroughfare in Jerusalem, named after the second Rashidun Caliph, Umar ibn al-Khattab, who captured Jerusalem in 637 CE and established a treaty guaranteeing religious freedom for its inhabitants. The road connects the Old City’s Damascus Gate to the Church of the Holy Sepulchre, passing through the Christian Quarter and serving as a major route for pilgrims and visitors. Its name honors the caliph’s role in Jerusalem’s Islamic history and his legacy of tolerance.
Ishaq ibn Musa ibn Yazid Road
Ishaq ibn Musa ibn Yazid Road is a historic route in the Middle East, likely named after a figure from the Abbasid period, when the region was a center of Islamic learning and trade. The road likely served as part of a network connecting important cities, facilitating commerce and cultural exchange during the early Islamic era. Its exact location and full historical significance remain obscure, but it reflects the legacy of the Abbasid caliphate’s influence on regional infrastructure and movement.
