Emaar Economic City plans to invest SAR 13 billion in King Abdullah Economic City (KAEC) in the next 3 years and will borrow SAR 1 billion from banks through 2016 to finance such projects, Chief Executive Officer Fahd al-Rashid said in an interview with Al-Arabiya TV.

 

Emaar will build 10 new hotels with 2000 rooms in capacity in the next 6 years, according to Argaam. 

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