Page 8 - KAEC PR REPORT - OCTOBER 2024
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10/28/24, 11:18 AM Volume of investments accounts for $4.8bln in Saudi's KAEC
Emaar, the Economic City (“EEC”), the master developer of King Abdullah Economic City (“KAEC”), today (Wednesday 3rd April 2024)
announces the Board of Directors’ decision to appoint Mr. Abdulaziz Ibrahim Alnowaiser as its new Chief Executive Officer, effective May 1st,
2024. Image courtesy: King Abdullah Economic City
LOGISTICS
Volume of investments accounts for $4.8bln in
Saudi's KAEC
The city also includes the industrial valley adjacent to the port, which has succeeded in
attracting 120 national and international companies
Staff Writer, Saudi Gazette
October 21, 2024
JEDDAH — Makkah Deputy Emir Prince Saud bin Mishaal received Fahad Al-Saif, chairman of Emaar,
The Economic City, the main developer of King Abdullah Economic City, at the emirate headquarters in
Jeddah on Sunday.
During the meeting, Al-Saif provided an explanation of the latest developments in the industrial valley
and the economic city, saying that the city achieved remarkable and unprecedented growth with the
volume of investments amounting to SR18 billion.
https://www.zawya.com/en/business/transport-and-logistics/volume-of-investments-accounts-for-48bln-in-saudis-kaec-qqyds8z0 1/2
