The district will have the capacity to accommodate 12,000 residents
Rayadah Investment Company
Tel: (+966) 11 207 5969
Henning Larsen Architects
Tel: (+45) 8 233 3000
The King Abdullah Financial District is a major development in Riyadh that will house the Saudi Stock Exchange (Tadawul), the Capital Market Authority and the Commodity Market. Launched in 2007 by the local Rayadah Investment Corporation on behalf of the Pension Authority of Saudi Arabia, the district will also include a financial academy, offices, hotels, recreational facilities, parks, sports arenas and mosques.
|Apr 2008||Denmarks Henning Larsen Architects named master consultant for King Abdullah Financial District (KAFD)|
|May 2010||Group of three local banks agree to finance loan for Saudi Binladin Group to help fund construction of KAFD|
|May 2010||Canadas Bombardier wins $241m contract to build automated monorail for district|
|Oct 2015||Expected completion date for KAFD|
The district will comprise 34 towers within an area of 1.6 million square metres and will have the capacity to accommodate 12,000 residents. In 2011, the financial district was the largest project in the world seeking green building accreditation.
The district will house the Saudi Stock Exchange, the Capital Market Authority and the Commodity Market
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