King Abdullah Financial District Development and Management Company awarded a contract for the complete fitout design and implementation of the district’s latest hospitality destination to the joint venture between Saudico and Alec Fitout. Marking the occasion with a signing ceremony at KAFD were Gautam Sashittal, chief executive at KAFD DMC, and Saudico CEO Bashir Al-Azem. … Read more
RIYADH: Saudi Arabia’s King Abdullah Financial District’s newest hospitality destination gets a boost with a contract awarded to a joint venture for full fitout design and implementation. The JV of Saudi Constructioneers Ltd., also known as SAUDICO, and ALEC FITOUT has been entrusted with all aspects of the fitout design, completion, and implementation for the … Read more
RIYADH: Multiple agreements were signed during the second day of the Public Investment Fund’s Private Sector Forum to enhance the local economy, tourism, and telecommunication sectors. These deals included contracts awarded by King Abdullah Financial District Development and Management Co., which is wholly owned by PIF, the soverign wealth fund’s subsidary Asfar. stc Group also signed … Read more
The King Abdullah Financial District Development and Management Company announced on Wednesday a series of groundbreaking partnerships and collaborations at the second edition of the Public Investment Fund’s Private Sector Forum, held at the King Abdulaziz International Conference Center in Riyadh on Feb. 6 – 7.
RIYADH: Businesses in King Abdullah Financial District are poised for advanced digital payment access with card service provider Visa joining the Riyadh economic hub, reinforcing global economic connections. Visa is an internationally recognized compay in the sector, facilitating transactions between consumers, merchants, financial institutions and government entities across numerous countries and territories.
RIYADH: Qatar Investment Authority has partnered with UK-based Ashmore Group to launch a $200-million fund aimed at encouraging foreign investors to tap the country’s stock market. The Ashmore Qatar Equity Fund was established with the authority as an anchor investor by reallocating shares in listed companies in the country, according to a press statement. The reserve’s … Read more
RIYADH: Seeking to promote waste management solutions, King Abdullah Financial District Development and Management Co. signed a memorandum of understanding with Saudi Investment Recycling Co. This agreement was inked at an event titled “Meeting National Targets for Waste Management and Recycling,” which was recently held in Riyadh. The MoU to collaborate on providing integrated solutions … Read more