Danantara Said to Lodge $1 Billion Offer for Land at Mecca Site
Indonesia’s Danantara has bid $1 billion for a large plot of land near the Grand Mosque in Mecca, according to people familiar with the matter, as the sovereign wealth fund...
By Faris Mokhtar, Eddie Spence · Bloomberg Markets
Indonesia’s Danantara has bid $1 billion for a large plot of land near the Grand Mosque in Mecca, according to people familiar with the matter, as the sovereign wealth fund looks to develop a huge site with hotels to serve Hajj pilgrims from the Southeast Asian nation.