Indonesia has recently signed a $500 million conditional agreement for the acquisition of a hotel and a 5-hectare land in Makkah, Saudi Arabia, as part of the Hajj Village plans. On top of that, the sovereign fund Danantara is currently in the top two bidders to acquire 84 hectares of land in the Jabal Hindawiyah area, the result of which will be announced by the end of this month or January 2026. To subscribe please click here
