24 Hrs
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الاقتصادية
King Abdullah City Launches 263.5M Riyal Equestrian Tourism Development
King Abdullah Economic City has finalized a deal worth 263.5 million SAR with "Sahail Kingdom of Arabian Horses" to develop a project that combines equestrian heritage and tourism, covering an area of nearly two million square meters. The project aims to boost tourism and attract direct foreign investment, featuring equestrian infrastructure including stables, training centers, an academy, and a polo resort, as well as luxurious housing, three hotels, and recreational and commercial spaces. The project is expected to create approximately 3,000 jobs and promote sustainable economic growth in the Kingdom, in line with Vision 2030, with investments exceeding two billion dollars.
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