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Saudi Arabia’s ambitious economic development project, King Abdullah Economic City (KAEC), is undergoing a major financial overhaul. Emaar the Economic City (EEC), the master developer of KAEC, has announced a comprehensive restructuring plan worth $2.3 billion. This strategic move aligns with Saudi Vision 2030, aiming to diversify the economy and reduce reliance on oil…
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KAEC Unveils $2.3bn Capital Optimisation Plan
Saudi Arabia’s ambitious economic development project, King Abdullah Economic City (KAEC), is undergoing a major financial overhaul. Emaar the Economic City (EEC), the master developer of KAEC, has announced a comprehensive restructuring plan worth $2.3 billion. This strategic move aligns with Saudi Vision 2030, aiming to diversify the economy and reduce reliance on oil…