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3/14/24, 1:17 PM EEC and the Mohamed Yousuf Naghi Group forge strategic partnership with Land Sales Agreement | MENAFN.COM

EEC and the Mohamed Yousuf Naghi Group

forge strategic partnership with Land Sales

Agreement

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3/13/2024 7:32:03 AM

(MENAFN- Orient Planet Group) 12 March 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.
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