Page 20 - KAEC PR REPORT - MARCH 2024

3/14/24, 1:17 PM EEC And Mohamed Yousuf Naghi Group Sign Land Sales Agreement
EEC And Mohamed Yousuf Naghi Group

Sign Land Sales Agreement

Content Writer March 13, 2024

Emaar, the Economic City (EEC), and Mohammed Yousuf Naghi Group (MYN GROUP) marked a key
milestone by signing a Land Sales Agreement recently at the King Abdullah Economic City (KAEC)

headquarters. During the signing ceremony, attended by key representatives, including Mr. Mansour A. Al
Salem, MD and BOD Member of EEC, Mr. Cyril Piaia, CEO of EEC, and Mr. Samir R. Samara, Authorised

General Manager, Executive Committee and Board Member of Arabian Spare Parts & Maintenance Company
(ARSAMCO), a MYN Group company, both parties signed this agreement that reflects the growth of trust,
strategic partnership and collaboration, aimed at advancing the growth and development of King Abdullah

Economic City.

The strategic investment move by the MYN Group is aimed at increasing their investments in KAEC and
underscores the rapid development and growth KAEC has witnessed, solidifying its status as a prime destination

for businesses and third-party developers.
https://www.cbnme.com/news/eec-mohamed-yousuf-naghi-land-sales-agreement/ 1/2