Monday 18 February 2019
Saudi KAEC

Emaar, The Economic City names new CEO

Emaar, The Economic City (EEC), the master developer of Jeddah-based King Abdullah Economic City (KAEC), the largest privately-funded new city in the world, has appointed Ahmed bin Ibrahim Langawi as the new chief executive replacing Fahd bin Ab


ALJ plans big car assembly plant in Saudi

Abdul Latif Jameel Group, one of the oldest automotive distributors in the region, plans to invest upto SR1.2 billion ($320 million) to set up a masive complex for the import, distribution, component manufacture and assembly of cars at the King


Emaar to delay Saudi KAEC work

Emaar Properties' Saudi unit, which is developing King Abdullah Economic City, is being forced to delay work as the credit crunch hits the kingdom, according to a report. Emaar said it was prioritising some developments in the city and del

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