Company: Makkah Construction and Development Company
Makkah-born businessman Sheikh Abdulrahman Abdulkader Mohammed Fakih has been chairman of Makkah Construction and Development Company (MCDC) since its establishment in 1987.
The Saudi government has embarked on an expansion project to provide more space for the millions of pilgrims that flock to Makkah each year.
MCDC invests in, develops, manages and rents property around the Grand Mosque, and its engineering, construction, maintenance, demolition and surveying operations are also employed on some of the largest projects in the city.
The company is behind the 1,400-room Makkah Hilton Hotel and Makkah Hilton Towers projects at the centre of the Holy City, and it has built and developed a commercial centre/shopping mall plus 20,000 person prayer hall nearby.
It is also a substantial shareholder in the Jabal Omar Development Company, which is behind the $2.7bn Jabal Omar project. This includes 39 commercial and residential towers on a 230,000m2 site surrounding the Grand Mosque. Its recent projects include the 602m-high Makkah Royal Clock Building.