Knowledge Economic City Company has announced it has signed a conditions agreement with Riyadh Capital Company to become the development manager for Madinah Gate Fund’s Madinah Gate project. In filing to the Saudi bourse Tadawul, announcing the deal for the management of Madinah Gate Fund Project Development, KEC said that it was signed by the group’s CEO, Engineer Sami Al Makhdhoub and Riyadh Capital CEO Sabti Al Sabti, under the patronage of Prince Faisal bin Salman bin Abdulaziz Al Saud, Governor of Al Madinah Al Munawwarah. The statement explained that the project covers the development of land adjacent to the Haramain High Speed Train Station in Madinah and the area overlooking Prince
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