King Salman Park Fund: Riyadh’s $1 Billion Urban Transformation Begins

King Salman Park fund has launched a SAR 3.8 billion ($1 billion) investment to support the comprehensive development of Riyadh’s largest urban park, aiming to transform the capital’s urban landscape with new residential, commercial, and hospitality projects. Development and funding The fund partners with Ajdan Real Estate Development and SEDCO Capital to finance the construction of more than 600 housing units, over 200 hotel rooms, and 45,000 square meters of office space, complemented by retail and service