Deal signed to develop tourist destination in KAEC News

RIYADH: The King Abdullah Economic City is set to get yet another tourist attraction with the development of a waterfront mixed-use destination.

Emaar, The Economic City, the developer of KAEC, has signed an agreement with Egypt’s Orascom Development Co. and Saudi-based Alkholi Holding Co. to develop the 9.5-million-sq. meter destination that aims to “enhance the city’s position as a family gateway to the Kingdom’s western region” with connectivity to multiple destinations.

Leave a Comment