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2/24/25, 2:50 PM Arcapita signs strategic partnership with King Abdullah Economic City to Develop Industrial Facilities - Eye of Riyadh

Arcapita signs strategic partnership with King Abdullah Economic City to

Develop Industrial Facilities

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

The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-quality investors.
Additionally, the development will include ESG-compliant warehousing projects ensuring environmental sustainability and
operational efficiency. It will also enable participation in a growing portfolio of flagship assets that offer attractive risk-adjusted
returns.

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