Al-Diriyah signs MoU for investments
Al-Diriyah Company signed a Memorandum of Understanding with the Saudi French Bank to enhance cooperation in the investment and luxury real estate sectors, with the aim of developing financial and banking services targeted at private banking clients. The initiatives include investment packages, marketing campaigns, and the organization of exclusive events, along with providing financing solutions that comply with Shariah principles. The memorandum extends for one year and includes efforts to attract 50 million visitors annually to Al-Diriyah by 2030, accommodate over 100,000 residents, create 180,000 jobs, and contribute 70 billion riyals to the national GDP. It also encompasses a range of hotels, museums, and cultural assets to support Saudi Arabia's Vision 2030.
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