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2/24/25, 2:41 PM King Abdullah Economic City signs strategic partnership with Arcapita to Develop Industrial Facilities - Middle East Business News …
King Abdullah Economic City signs

strategic partnership with Arcapita to

Develop Industrial Facilities

February 19, 2025 7

King Abdullah Economic City (KAEC) and Arcapita, the global alternative investment firm,

announced that they have signed a Memorandum of Understanding (MoU) at a ceremony held
in Bahrain. This strategic collaboration will focus on developing state-of-the-art warehousing

facilities, promoting the Industrial Valley’s growth, enhancing operational capabilities within
KAEC and the Kingdom, fostering innovation, and attracting foreign investment.

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Under the terms of the MoU, Arcapita will leverage its expertise in creating high-quality built-

to-suit industrial real estate facilities and oversee the development of warehouses tailored to
meet the requirements of potential tenants, further contributing to the region’s industrial and

logistical growth.

The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley &
KAEC Special Economic Zone, and Isa Al Khalifa, Director of MENA Real Estate at Arcapita. This

partnership reflects a shared commitment to building world-class industrial infrastructure and
driving sustainable development in the Kingdom of Saudi Arabia.

Eng. Majid Abdullah Matbouly, Chief Industrial Valley & KAEC Special Economic Zone Officer,

said: “This MoU is a significant step in KAEC’s mission to develop a leading industrial and
economic powerhouse. With Arcapita’s proven expertise in global and regional asset

management, we are confident this partnership will elevate the Industrial Valley’s service
offerings, competitiveness, and global appeal.”

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