Abdullah Al Othaim Investment Company reveals a $1.8bn ‘treasure’ in Riyadh ...United Arab Emirates

Saudi-based Abdullah Al Othaim Investment Company has unveiled its Konoz (Box of Treasures) project – a US $1.86bn development in Riyadh, which will feature an entertainment city, a luxury hotel and premium residential offering, in addition to commercial, F&B and retail outlets. The project’s name is said to reflect the visual and architectural representation of gemstones throughout the development’s various zones. Konoz, which will be spread over a 50,000sqm area, and has been designed by architectural firm Benoy, which has over 75 years’ experience in designing multi-use projects and implementing the latest construction technologies. Speaking at the launch, Group Chairman Abdullah bin Sale

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