Saudi Arabia’s Knowledge Economic City (KEC) said it has signed a joint venture agreement with Archipelago International Indonesia, a leading hotel management group in Southeast Asia, for the establishment of a hotel management and operations company.
The Knowledge Economic City has signed up ElKhereiji Commerce & Contracting to deliver the construction and electromechanical works for four residential towers within the Phase I of Al Alya mixed-use project in Riyadh. Spanning 270,000 sq m, Al Alya is one of the anchor projects at KEC featuring 2,000 residential units and other key amenities.