Wednesday 29 July 2015
 
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King Abdullah Economic City

KAEC eyes 50 new corporate tenants this year

King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast, expects to attract about 50 new companies to establish operations this year, versus 35 last year, KAEC's managing director said.

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KAEC expects tenant inflow to accelerate this year

King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast near Jeddah, expects its inflow of new corporate tenants to speed up this year as the economy proves resilient to low oil prices, KAEC's managing

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KAEC highlights tourism potential to Arab envoys

Saudi Arabia's King Abdullah Economic City (KAEC) recently hosted a special visit by the Ambassadors and Consuls of the Arab countries to introduce its latest economic and tourism projects. The event was organised in collabora

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KAEC luxury villas go on sale

King Abdullah Economic City (KAEC) has announced the sale of 147 luxury villas at its coastal community, Al Murooj Golf Community 2, near the Red Sea in Saudi Arabia's Western province. The sales will be launched at the Jeddah

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KAEC to develop big labour housing project

King Abdullah Economic City (KAEC), a megaproject in Saudi Arabia, has developed a 48,000 sq m plot to build a housing project consisting of 5,000 bed spaces for the workforce employed in the Industrial Valley. Located in the hear

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Saudi KAEC delivers plot ownership certificate

King Abdullah Economic City, a megaproject in Saudi Arabia, has announced the delivery of the ownership certificates to buyers of land plots at its Al-Talah Gardens residential district. The project is moving at an accelerated pac

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KAEC hands over Marina Tower residential units

King Abdullah Economic City (KAEC) has handed over the Marina Tower 4 residential units to the newest residents in Bay La Sun district, one of the most exclusive residential communities on the coast of the Red Sea. The tower is de

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KAEC launches key residential plot sale

King Abdullah Economic City (KAEC), one of the largest and most important private sector initiatives in the Middle East, has launched the sale of its Beach Community 2 residential land plots at the prestigious Al Murooj district.

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KAEC awards $83m housing project deal

King Abdullah Economic City (KAEC) has awarded a SR313 million ($83.4 million) contract to Rezaik Al-Jedrawi Company for the construction of the first phase of its Al Waha residential community. The phase I of Al Waha, comprising

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Mobily inks $160m deal for KAEC telecom

Etihad Etisalat (Mobily), the leading telecom operator in Saudi Arabia, has signed a SR600 million ($160 million) contract with Emaar Economic City to deploy and operate communication networks within King Abdullah Economic City (KAEC).

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