King Abdullah Financial District

Under construction in 2012

The King Abdullah Financial District (KAFD) is being built in Riyadh, Saudi Arabia. It will have the Saudi Stock Exchange and Capital Market Authority. The KAFD will be an important financial center in the Middle East.[1] However, KAFD will not only be a financial center. It will have areas where people live, offices, and educational and recreational facilities. The King Abdullah Financial District is estimated to be worth about $7.8 billion (US). [2]

  1. “King Abdullah Financial District Hotel, Riyadh, Saudi Arabia” Archived 2016-07-05 at the Wayback Machine, Hotelmanagement-network.com, accessed October 5, 2014
  2. “KAFD projects left hanging due to manpower shortage”, Rodolfo Estimo, ArabNews, July 23, 2014, accessed October 2, 2014

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