Emaar, The Economic City (EEC) is the master developer of King Abdullah Economic City (KAEC) and acts as the master planner, primary infrastructure developer, enabler, and facilitator of KAEC. EEC is a Tadawul-listed public joint-stock Saudi company established in 2006 and is 25% owned by the Public Investment Fund (PIF). King Abdullah Economic City (KAEC) is an emerging destination centrally located on the Red Sea coast of Saudi Arabia. Located a short distance north of Jeddah, KAEC is a 185 square kilometer city anchored by King Abdullah Port—recently named by the World Bank as the most efficient port in the world—and KAEC Industrial Valley, which is focused on logistics and light manufacturing. Over 100 multinational and Saudi companies have already made their home in KAEC, engaging in diverse activities ranging from advanced logistics to automotive, pharmaceuticals, FMCG, packaging, and building materials manufacturing. KAEC is directly connected to the Haramain high-speed railway network and the Saudi National Highways grid, making the city a key node along the Red Sea economic corridor. KAEC also offers a modern leisure and tourism district which includes over 40km of pristine coastline, several hotels, and the award-winning Royal Greens international tournament golf course. In 2021, the city welcomed over 1 million visitors and has developed a range of lifestyle residential communities for its growing population of full-time residents and second homeowners. With its strategic location, advanced infrastructure, and investor-friendly regulation, KAEC is a ready-made platform for Saudi Arabia’s Vision 2030 initiatives. KAEC is actively contributing to national objectives embodied in Vision 2030, from attracting foreign direct investment to developing the tourism sector, promoting sports, entertainment, and arts, creating new jobs, and growing non-oil exports through companies operating in its Industrial Valley.
View Top Employees from Emaar, The Economic CityWebsite | http://www.kaec.net |
Revenue | $283 million |
Employees | 543 (543 on RocketReach) |
Founded | 2006 |
Technologies |
JavaScript,
HTML,
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Industry | Real Estate, Real Estate Services (B2C), Residential Development, Economic Zones Development, Seaports Development, Commercial Development |
Web Rank | 244107 |
Web Visits | 255540 |
Keywords | Saudi Arabia Real Estate, Vision 2030 |
SIC | SIC Code 65 Companies, SIC Code 6531 Companies, SIC Code 653 Companies |
NAICS | NAICS Code 5312 Companies, NAICS Code 531 Companies, NAICS Code 53 Companies |
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The Emaar, The Economic City annual revenue was $283 million in 2024.
Tareq Khan is the CMO of Emaar, The Economic City.
543 people are employed at Emaar, The Economic City.
The NAICS codes for Emaar, The Economic City are [5312, 531, 53].
The SIC codes for Emaar, The Economic City are [65, 6531, 653].