Partnership to introduce ‘The Sustainable City’ model to King Abdullah Economic City and advance Vision 2030 goals
King Abdullah Economic City
Latest in King Abdullah Economic City
Emaar the Economic City
Emaar The Economic City, Al Tahaluf to develop projects in KAEC’s Al Murooj
Project will offer 340 residential lots on the stunning Red Sea coast, ranging from 600sqm to 1,000sqm, with built-up areas of 400sqm to 600sqm
Hyundai
Hyundai breaks ground on 50,000 car a year factory in Saudi Arabia
Hyundai and PIF team up to build car manufacturing plant in Saudi Arabia
Arcapita
King Abdullah Economic City, Arcapita partner to develop ESG-compliant warehousing in Saudi Arabia
The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-quality investors
automotive industry
Saudi Arabia launches 2 million square meter automotive hub in King Abdullah Economic City
Masarat Mobility Park’s development aligns with Saudi Vision 2030 goals, positioning Saudi Arabia as a regional leader in the automotive and mobility sector
Emaar the Economic City
Saudi real estate: King Abdullah Economic City announces $2.3bn finance plan
Furthermore, EEC will be pursuing a capital decrease to offset all of its accumulated losses
car manufacturing
Saudi Arabia’s Ceer awards contract for $1.3bn electric vehicle manufacturing facility
Ceer awards major contract to build electric vehicle complex at King Abdullah Economic City in Saudi Arabia
car manufacturing
Saudi Arabia issues Ceer a manufacturing licence as it targets $8bn GDP push
Saudi Arabia’s Ceer granted licence to manufacture electric vehicles in the country
automotive industry
King Abdullah Economic City, OWS Automotive sign development pact for vehicle manufacturing
The move is part of KAEC’s efforts to establish itself as a leading automotive sector enabler and a vision-ready destination
automotive industry
Construction starts on Lucid’s first electric vehicle factory in Saudi Arabia with investments of $3.4 billion
Once complete, the manufacturing facility will build up to 155,000 electric vehicles, which are initially slated for the Saudi Arabian market, with Middle East regional deliveries of Lucid Air expected to begin later this year
Andrew Liveris
Luxury electric car maker Lucid inks deal for Saudi manufacturing hub
Lucid signs $30m lease agreement with Emaar Economic City for an industrial plot in King Abdullah Economic City
electric vehicle
Lucid says to build electric car factory in Saudi Arabia by 2026
Chairman Andrew Liveris says company is in negotiations with ministries in the kingdom
Bandar Alkhorayef
Saudi Arabia in talks to set up West Coast auto manufacturing hub
Gulf kingdom has been looking to develop a car making industry for over a decade
Emaar the Economic City
Saudi wealth fund buys 25% stake in Emaar, the Economic City
PIF says investment will leverage synergies in the real estate, manufacturing, logistics and tourism sectors
debt conversion
Emaar Economic City receives Saudi CMA approval for $755m capital increase
Increase to be achieved through conversion of a loan owed to the Public Investment Fund
electric carmaker
Lucid Motors said to be in talks to build electric car factory near Jeddah
Sources say the Public Investment Fund, already a shareholder in Lucid, will provide much of the money for the site at the King Abdullah Economic City
Ahmed Linjawi
Inside Saudi Arabia’s King Abdullah Economic City
Nearly 15 years after its big launch, Saudi Arabia’s King Abdullah Economic City remains a long way off from realising its dreams, but its plans remain as ambitious as ever
