EmaarEC, the master developer of King Abdullah Economic City (KAEC), has announced that it has awarded a major contract to Nesma and Partners to carry out infrastructure development works within the Industrial Valley and the Special Economic Zone at KAEC.
Emaar, The Economic City (Emaar EC) has announced that its CEO Abdulaziz Ibrahim Alnowaiser will be stepping down from his post effective October 31, due to professional commitments. Naif Saleh Al Hamdan, the company's current Vice Chairman has been named its Managing Director.