Thursday 28 March 2024
 
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King Abdullah Financial District

King Abdullah Financial District set for Phase One launch

The first phase of the King Abdullah Financial District project is due to be launched next year with plans to host the G-20 meeting there in 2020, reported Arab News.   A $10-billion business hub coming

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Saudi Arabia to transfer KAFD ownership to state wealth fund

Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District (KAFD) to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter. The

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Saudi Arabia to transfer KAFD ownership to state wealth fund

Saudi Arabia is to transfer ownership of Riyadh's floundering King Abdullah Financial District (KAFD) to the Public Investment Fund (PIF) from the Public Pension Agency (PPA), according to four sources aware of the matter. The

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Saudi Arabia to overhaul financial district, economic cities

Saudi Arabia is revising plans for a glitzy financial district in Riyadh and the creation of six industrial cities, after the projects were plagued by delays and a lack of enthusiasm among potential tenants and investors. The gove

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Hansgrohe wins Saudi financial district deal

Hansgrohe SE, the luxury bathroom fittings specialist, has been selected to equip Saudi Arabia’s first financial district with a wide range of products from its Hansgrohe and Axor designer ranges. The 1.6 million sq m King A

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Otis Elevator wins big Saudi contract

Otis Elevator Company said its Saudi affiliate has won six contracts for supply and installation of 263 elevators, including 10 double-deck elevators, and 90 escalators to different buildings in the King Abdullah Financial District in Riyadh.

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