Page 19 - KAEC PR REPORT - MARCH 2024

3/14/24, 1:17 PM Saudi Arabia: Emaar, the Economic City and the Mohamed Yousuf Naghi Group ink land sales deal | Corporate-news – Gulf …
businesses and third-party developers.

Mr. Mansour A. Al Salem, MD and BOD Member of EEC, emphasised the strategic
importance of attracting third-party developers and investors to drive development at

KAEC. “We are optimistic about the potential opportunities that this collaboration will

unveil. As KAEC continues its path of sustained development within Vision 2030, such

partnerships reflect the combined efforts that foster economic progress and prosperity
in Saudi Arabia.” he added.

Mr. Samir Samara, Authorised Representative of the MYN Group, said: “We are

delighted to sign this agreement. We believe that KAEC has immense potential in light

of its rapid development, which led us to increase our investments in the city. We

believe that this move will open up new avenues for mutual collaborations and will

present opportunities for contributing to drive the region’s economy.”

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