Riyad capital signs an agreement with (KEC) to manage a real estate investment fund

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Riyad Capital announced the signing of an initial agreement with Knowledge Economic City on July 3, 2019 related to the establishment of real estate investment fund to develop “AL-Medina Gate” project in the southern region located nearby Al-Haramain railway station in AL-Medina.
The project looks forward to the transfer of global experiences to similar projects associated with railway transport stations and their application in Saudi Arabia. This project aims also to capitalize the outcomes of the ambitious 2030 vision to increase the number of pilgrims as a key to maximize the value of the project.