Mohammad Al Habib Real Estate Co. Signs Cooperation Agreement with “King Salman International Airport Development Company”

“Mohammad Al Habib Real Estate” Company, a leading real estate developer in Saudi Arabia, has signed a cooperation agreement with “King Salman International Airport”, a “Public Investment Fund” (PIF)–affiliated entity. The agreement aims to develop a range of real estate projects within the “King Salman International Airport” area as part of the airport’s comprehensive real estate strategy.

The agreement was signed at the “Private Sector Forum” 2026, held from February 9 to 10, 2026, at the “King Abdulaziz International Conference Center” in Riyadh. Mr. Abdullah Al Habib, Chief Executive Officer of “Mohammad Al Habib Real Estate” Co., signed on behalf of his company, while Mr. Marco Mejia, Chief Executive Officer of “King Salman International Airport Development” Company, signed for the airport developer.

The partnership will focus on developing high‑quality real estate projects that serve multiple sectors within the airport’s development zone. These projects are intended to support the airport’s strategic goals, enhance the economic value of the site, and contribute to its long‑term growth.

Mr. Abdullah Al Habib said the agreement reflects the company’s commitment to delivering value‑added real estate developments that maximize the use of strategic land within “King Salman International Airport” and support the national agenda for modern, sustainable urban spaces in line with Saudi Vision 2030.

Mr. Marco Mejia noted that the cooperation aligns with the airport’s strategy to attract experienced partners capable of delivering integrated projects that increase the airport’s economic impact and support its transformation into a global, multi‑use destination contributing to Riyadh’s growth and international standing.

This agreement extends “Mohammad Al Habib Real Estate” Co.’s strategy to expand its presence in high‑impact, sustainable real estate developments and reinforces its role as an active partner in major national initiatives, leveraging its expertise to meet market needs and support the Kingdom’s urban transformation goals under Vision 2030.