Page 23 - KAEC PR REPORT - APRIL 2024

4/12/24, 12:56 PM Emaar, the Economic City appoints Mr. Abdulaziz Alnowaiser as CEO, effective 1st May 2024
With its strategic location, advanced infrastructure and investor-friendly regulation, KAEC
is a ready-made platform for Saudi Arabia’s Vision 2030 initiatives. The city serves as a

testbed for new government initiatives, has been host of pioneering national events, and is

a preferred site for large-scale, strategic projects across many key sectors. A prime
example of the country’s commitment to private-public partnership, KAEC is actively

contributing to national objectives embodied in Vision 2030, from attracting foreign direct
investment to developing the tourism sector, promoting sports, entertainment and the arts,

creating new jobs, and growing non-oil exports through companies operating in its
Industrial Valley.

KAEC welcomes third party investors, real estate developers and operators to realize their

projects and ambitions in the city and accelerate its development. Emaar, The Economic
City (EEC) is the master developer of the city and acts as the master planner, primary

infrastructure developer, enabler and facilitator of KAEC. EEC is a Tadawul-listed public

joint stock Saudi company established in 2006.

Media contact

kaec@orientplanet.com

Rahul Ravisankar

Vice President
Teneo

Office 405, Gate Precinct Building 5
DIFC, Dubai PO Box 506808

O: +971 4 818 9231

M: +971 50 954 6314
E: rahul.ravisankar@teneo.com

REAL
ESTATE

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