Saudi Arabia-based Makkah Construction & Development’s (MCDC) latest financial results released in April show an operating profit of $91.4m (SAR343m) compared to $90.3m (SAR339m) for the previous year, an increase of 1.2%. Fakh has been with MCDC since 1987.
It is currently engaged in building hotels and infrastructure around the Grand Mosque, and is also a shareholder in the Jabal Omar Development Company which is behind the $2.7bn Jabal Omar project.
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