Saudi food group Savola stated Wednesday it had bought a 5 per cent stake in a company which will own and run King Abdullah Economic City on the Red Sea coast, a project worth an investment of $ ...
Now, more than a decade later, Fahd Al-Rasheed, Group CEO and Managing Director of King Abdullah Economic City (KAEC) revealed to Business Insider at the World Economic Forum how the $95 billion ...
EEC is the master developer of the King Abdullah Economic City (KAEC) in Saudi Arabia. The company is 25% owned by Saudi’s Public Investment Fund. It owns 50% of PDC, the company that develops and ...
AFL Architects has revealed its role on one of 15 arenas due to host the FIFA World Cup in Saudi Arabia in 10 years’ time The Manchester practice, which also has studios in London and North Wales, ...
BATIC Investment and Logistics’ subsidiary Arabian Security and Safety Services Company (Amnco) has secured a security contract for the Haramain High-Speed Railway from Saudi Arabia's Ministry of ...
King Abdullah has been demonstratively careful to avoid a situation in which political disquiet may spill over into economic strife. In late December, he announced that he would be selling land to ...