Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a deal with Saudi Downtown Company, a Public Investment Fund (PIF) company, for the leasing and operation of a premium mall within the Al Madinah Downtown project for 25 years.
Multiply Media Group (MMG), the UAE-headquartered Out-of-Home media powerhouse and a subsidiary of 2PointZero Group, today announced its expansion into Saudi Arabia through a strategic partnership with Cenomi Centers, Saudi Arabia's leading owner, operator and developer of contemporary lifestyle centres.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
MBC Group, a leading media and entertainment conglomerate, has joined forces with Cenomi Centers, the developer of contemporary lifestyle destinations in Saudi Arabia, to bring first-of-its-kind live TV and radio broadcasting into Saudi Arabia’s premier lifestyle destination, Westfield Riyadh.
Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has awarded a design and build contract worth SAR1.3 billion ($342 million) to Lynx Contracting Company for the development of its premium mixed-use boulevard project in the Eastern Province of Al Khobar.
Global investors, developers, policymakers and city leaders will be in Riyadh this month for the debut edition of Mipim Middle East where they will explore the trends, policies and investment opportunities shaping the future of cities, focusing on capital deployment, urban and sustainable development strategies.
