The KAFD is the centerpiece of the government’s plan to transform Riyadh into a major regional—and eventually global—financial center. Planned to become the largest financial center in the Middle East, this development features multiple mixed-use, high-rise buildings. The King Abdullah Financial District (KAFD) is a new development under construction near King Fahad Road in the Al Aqeeq area of Riyadh, Saudi Arabia being undertaken by Public Investment Fund (PIF) of the Kingdom of Saudi Arabia. King Abdullah Financial District (KAFD) Riyadh, Saudi Arabia. The construction of the King Abdullah Financial District is one of the most ambitious projects in the region. The King Abdullah Financial District (KAFD) is reckoned one of the Kingdom's most ambitious and distinguished projects, and a substantial addition to the economic sector and the urban development in Riyadh. August 5, 2019 0. The goal of KAFD is to establish a mixed-use community that integrates business and recreational activities for Riyadh’s growing financial workforce. 0 comments Write a comment. > King Abdullah Financial District. The King Abdullah Financial District is being revamped to blend business with residential and lifestyle destinations Plagued by delays, the $10 billion project has been re-envisaged. The King Abdullah Financial District (KAFD) is a new development under construction near King Fahad Road in the Al Aqeeq area of Riyadh, Saudi Arabia being undertaken by the Rayadah Investment Corporation on behalf of the Pension Authority of the Kingdom of Saudi Arabia. The project consists of 59 towers in an area of 1.6 million square meters. Share: Previous post. Another successful, on time project for our Saudi Team. A great collaboration with CSI on this adventure. King Abdullah Financial District (KAFD) Overview The development project is inclusive of the construction of a financial district which will be centered on the high rise headquarters of the financial sector regulator, the Capital Market Authority (CMA), Saudi Arabian Monetary Agency (SAMA) and the Saudi stock exchange (Tadawul). Get King Abdullah Financial District (KAFD) contact details such as address, phone number, website, latest news and more at Arabianbusiness King Abdullah Financial District is designed to meet the requirements of the international sustainability scheme, "Leadership in Energy and Environmental Design", LEED. Leave a Reply Cancel reply. King Abdullah Financial District (KAFD): Know all about King Abdullah Financial District (KAFD) company. Next post. The King Abdullah Financial District (KAFD) is a large, mixed use development in Riyadh, Saudi Arabia. There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is packed with people. Construction will begin in 2007 and will create thousands of construction and related jobs over an intense three year period of building and development. When complete, it will house the Saudi Stock Exchange and Capital Marketing Authority. Rayadah Investment Company, an active tool of Saudi Public Pension Agency (PPA) for investment in real estate development is building the King Abdullah Financial District (KAFD), a 1.6 million square meters (sqm) real estate development located south of Riyadh. Peikko has delivered bolt connections, lifting systems … King Abdullah Financial District. To transform Riyadh into a major regional—and eventually global—financial center in 2007 and will create thousands of and! 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