The project of King Abdullah Financial District enhances the Saudi economy regionally and globally. It is considered the first of its kind in the Middle East in terms of size, organization and technical specifications. This project costs nearly SAR 30 billion, according to Al-Madina Arabic newspaper.
The Public Pension Agency (PPA) will own and develop the project, and will allow the capital market authority and the other government entities to obtain suitable well-equipped locations.
The PPA expects this project to create high-quality business environment to lure all good investment opportunities.