Saudi: Knowledge Economic City inks $135mln agreement zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
RIYADH: Saudi Arabia’s King Abdullah Economic City is set to feature a luxury resort on the shoreline of the Red Sea as the Kingdom’s upcoming manufacturing and logistics hub is ramping up its hospitality offerings to attract various business operations. KAEC signed an agreement with Vivienda, a Saudi hospitality brand owned by the Forus Real Estate Investment and Development
The sixth Construction Technology ConFEX (CTF) has highlighted the roadmap to a net-zero carbon portfolio for major developers and underscored the role of key AEC stakeholders in decarbonising the construction lifecycle.
RIYADH: Lucid Group plans to raise $3 billion through a stock offering, 66 percent of which will come from Saudi Arabia’s Public Investment Fund. The California-based EV maker said Ayar Third Investment Co., which is its majority stockholder and an affiliate of the PIF, has agreed to buy as much as 265.7 million shares in a private placement for an estimated $1.8 billion, It