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.
