Saudi Arabia’s Jeddah Economic Co. said on Monday it was in talks with local Saudi banks to raise funds for the SAR14-billion ($3.73 billion) first phase of its Kingdom City project. If complete ...

Jeddah Economic City, also known as King Abdullah Economic City (KAEC), is a significant project in Saudi Arabia. It started in 2005 to boost the country's economy and reduce its reliance on oil.

One venture is the development of the Jeddah Economic City, costing a reported $20billion (£15.7billion). A huge 5.3 million square metres of land has been set aside on the coastal part of the ...

the construction will be funded through a combination of internal resources and banking facilities as part of the broader Jeddah Economic City initiative. A Vision of Luxury and Innovation ...

World’s first 1-km skyscraper, JEC Tower, rises as Saudi ambition soars sky-high The Jeddah Economic City (JEC) Tower is racing to claim the crown as the tallest man-made structure on the planet ...

The infrastructure work is moving at a steady pace on the Jeddah Economic City - one of Saudi Arabia’s flagship megaprojects which will also boast the world’s tallest tower - with nearly 90 ...

Al-Maiman: "an advanced financial model to build highest skyscraper in the world" Alinma Jeddah Economic City Fund has secured shari'a compliant financing of up to SAR 3.6 Billion from Alinma Bank on ...

The Jeddah Economic Company, the developer of the $20b Jeddah Tower, restated the importance of the Jeddah Economic City and tower projects to Saudi Vision 2030. Eng. Talal Al Maiman, CEO of Kingdom ...

A contract has been awarded to begin infrastructure works for Jeddah Tower and Jeddah Economic City. Al Fouzan Trading and General Construction Company has won the $165.3m (SAR620m) contract, and is ...