King Abdullah Financial District

King Abdullah Financial District (KAFD)
Native name
مركز الملك عبدالله المالي
IndustryOffice Space Provider
Smart City Solutions
Founded8 March 2007; 17 years ago (2007-03-08)[1]
FounderSaudi Pension Authority[2]
Headquarters
Riyadh
,
Saudi Arabia
Key people
OwnerPublic Investment Fund
Websitewww.kafd.sa/en

King Abdullah Financial District (KAFD; Arabic: مركز الملك عبدالله المالي) is a mixed-use financial district located in the al-Aqeeq neighbourhood of Riyadh, Saudi Arabia[3][4] Managed by the King Abdullah Financial District Development and Management Company (KAFD DMC), a wholly-owned subsidiary of the Kingdom's Public Investment Fund. The district was previously being managed by the Rayadah Investment Corporation[5] on behalf of the Pension Authority of the Kingdom of Saudi Arabia. The district is the largest LEED Platinum certified mixed-use business centre in the world.[6]

  1. ^ "Master Plan For King Abdullah Financial District Approved". Arab News. 2007-03-08. Retrieved 2024-03-14.
  2. ^ "King Abdullah Financial District". MEED. 2013-09-10. Retrieved 2023-03-14.
  3. ^ "Saudis Plan Middle East Financial Center". New York Times. May 10, 2006.
  4. ^ "Saudi Mobile Operators End Free Global Roaming". Asharq Al-Awsat. April 27, 2013.
  5. ^ Riyadh King Abdullah Financial District: Phase 2: Towers, MEED, January 6, 2013.
  6. ^ "KAFD receives renowned LEED Platinum certification". Saudi Gazette. 18 January 2021. Retrieved 7 December 2022.