would be a milestone for an ambitious economic reform program launched last year by Deputy Crown Prince Mohammad bin Salman.
Vision 2030 criticised the KAFD
as having been conceived "without consideration of its economic feasibility" and without making the necessary efforts to convince the financial community to invest.
According to the Prince's "Vision 2030i, KAFD
will become a "special zone" with internationally competitive regulations, an easier visa regime and a direct connection to the airport, steps he hopes will "increase the chances of ...
The PNU is the largest women-only university in the world, while the KAFD
will house the largest community or professionals working within the financial sector and related business, hosting the headquarters of the Capital Markets Authority, the stock exchange, banks, and financial institutions.
(32.3 million square feet) of office space in all grades, with the monster King Abdullah Financial District (KAFD
) in isolation, due to add around
Two of the tallest structures in the District, the KAFD
World Trade Centre and Gulf Cooperation Council (GCC) Bank Headquarters, the Gulf region's governing financial institution, will include Otis elevators and escalators.
InterContinental Hotels Group PLC (LSE: IHG), a UK-based owner, manager and franchiser of hotels and resorts, has announced that it has entered into an agreement with the Rayadah Investment Company to open two new hotels in Riyadh's King Abdullah Financial District (KAFD
A joint effort by Cisco, King Abdullah II Fund for Development (KAFD
), and Jordan's Information and Communications Technology Association (int@j), the Jordan Healthcare ICT Task Force is an open forum of Jordanian Health Information Communications Technology (ICT) companies under the umbrella of int@j, representatives said.
It is unclear how the theme park project will be funded, but the King Abdullah II Fund for Development (KAFD
) has been approached to help finance it.
The Ministry of Planning & International Cooperation (MoPIC) and King Abdullah Fund for Development (KAFD
) signed on Tuesday an agreement, under which the ministry will support the implementation of a fellowship/training program for university students.
"PPA is the land owner and prime developer of the SR28 billion King Abdullah Financial District (KAFD
) which will serve as the centerpiece of the emerging 'New Riyadh' business and entertainment metropolitan area.
In Riyadh, the capital city of Saudi Arabia, The Public Pension Agency is building the King Abdullah Financial District (KAFD
)--designed to become the largest financial center in the Middle East--covering an area of 1.6 million square meters.