Saudi Arabia's Knowledge Economic City (KEC) has announced that it had signed an agreement with Kaden Investment Company to develop a mixed-use project in Madinah with an estimated gross floor area of about 229,117 sq m. ...
Construction is gathering pace on the first phase of the Islamic World District (IWD), one of the flagship developments within Knowledge Economic City (KEC) in Madinah, with 1,835 hospitality keys currently under construction across Clusters 1 and 2 and the district’s first permanent structures beginning to emerge....
In an exclusive interview with Gulf Construction, Knowledge Economic City’s CEO Dr Moath Al-Yahya outlines the accelerated delivery of KEC’s major destinations and its vision for an integrated city combining hospitality, residential, cultural and lifestyle offerings....
Knowledge Economic City has announced a strategic partnership with UAE-based Apparel Group to bring 24 international retail and dining brands across 8,686 sq m to its Multaqa Al Madinah Mall, including 10 brands making their debut in Madinah....
Knowledge Economic City has announced that one of its key subsidiaries Algharraa International Real Estate has awarded an infrastructure works contract to Salco Saudi Contracting for the Southeastern District project coming up within its premises in Madinah. ...
Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion)....
Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets. ...
Saudi Arabia's Knowledge Economic City has announced the sale of 17,624.85 sq m plots of land within its premises in Madinah to two key entities - Al Bawaba International Investment and Olu Real Estate Company. The duo will be using these plots for the development of a mixed-use project. ...
Saudi Arabia's Knowledge Economic City (KEC) has awarded a SAR78.3 million ($20.9 million) framework contract to Audhah Mubarak Al Biladi & His Sons Contracting Company (ABASCO) for excavation and earthworks across a number of future development projects, according to a filing on the Saudi Stock Exchange....
Knowledge Economic City (KEC) has announced that it has awarded architectural and MEP works contract to Astra Construction for the Riyadh Schools Complex coming up within the key urban development project in Madinah. The entire work will be completed within 10 months. ...
Saudi Arabia's Knowledge Economic City has announced that it had signed a non-binding term sheet with Albilad Capital for the establishment of a closed-ended private real estate investment fund worth SAR1.5 billion ($400 million), to finance the first phase of its Multaqa Hospitality project in Madinah. ...
Knowledge Economic City (KEC) has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund the construction work on the first two clusters within Phase I of its Islamic World District project. ...
The Knowledge Economic City has signed up ElKhereiji Commerce & Contracting to deliver the construction and electromechanical works for four residential towers within the Phase I of Al Alya mixed-use project in Riyadh. Spanning 270,000 sq m, Al Alya is one of the anchor projects at KEC featuring 2,000 residential units and other key amenities. ...
