KAFDKing Abdullah Financial District (Riyadh, Saudi Arabia)
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Opening KAFD would be a milestone for an ambitious economic reform program launched last year by Deputy Crown Prince Mohammad bin Salman.
The World Economic Forum on the Middle East and North Africa was last hosted in Jordan in 2015 in partnership with KAFD.
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.
Otis said that it will install 25 elevators and eight escalators in the KAFD World Trade Centre and 30 elevators and four escalators in the GCC Bank Headquarters.
Beside the Princess Nora University (PNBU) for Women, the KAFD in Riyadh remains one of the biggest achievements for Jotun's decorative project sales team in Riyadh till date.
The Colliers report projects continued short-term decline but nercvertheless various major upcoming developments such as KAFD and Entertainment City will positively boost the medium to long-term demand outlook.
The ceremony saw the launching of "Forus (opportunities) portal" in collaboration between KAFD, the Ministry of Labour and local and regional partners.
The contract has been to design and build DC services for the office towers at the KAFD including O&M for a period of ten years.
Currently under construction, KAFD will be home to many leading international banks, financial institutions and legal firms and include around 40 multi-use towers which are set to redefine the skyline of the Saudi capital.
While the report concluded that Riyadh would witness a EoACAyflight to quality' with a mass of grade A office space coming online, Saud Masud, an analyst at Rasmala, said that much high-end space -- such as the KAFD -- was years away from handover.
Summary: Riyadh, Dhu Al-Hijjah 29, 1431, Dec 05, 2010, SPA -- Three workers were killed and five others injured today during an accident at the building number 408 of KAFD (King Abdullah Financial District) project in Riyadh.
Commenting on the companyAAEs support, Mr Ismail Tahboub, CEO of JD Capital, said: AoI am very proud of JD CapitalAAEs involvement in this program and with our partnership with KAFD, which will undoubtedly yield positive results for all.