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KEC puts another Madinah land parcel into partner-funded development
KEC is extending a model used across two other Madinah projects to monetize its land bank without fronting development capital
KEC extends partnership funding model to its SAR 7.5 bn Knowledge Gardens project
KEC is keeping equity and fees while Fourmen and BSF Capital bring the funding
KEC signs developer-funded agreement for its Multaqa Residences
Alrashid will finance, build, and sell the project, while KEC retains land ownership and shares in the gains
Knowledge Economic City gets a new CEO ahead of foreign ownership play
Moath Alyahya previously served as AlRajhi United Real Estate’s CEO
Knowledge Economic City sees growth and resilience in Makkah, Madinah’s real estate sector
New laws opening Madinah to 2 bn Muslims globally could more than double the existing market by capturing just 3%…
KEC, Archipelago to build 2.5k-key mega hotel
ALSO- Gas Arabian Services completes transfer of stakes in EBKSA and TCR Arabia
PIF + Acwa Power to develop utilities for real estate portfolio
ALSO: Mila Celebrations and Rodyan seal USD 5 mn partnership
Six Saudi firms join FTSE’s Global equity roster. PLUS: A new oil discovery with Kuwait
ALSO: MSCI hikes Aramco inclusion to 0.025%
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