KAEC launches summer residential offering

Residential communities in KAEC offer a direct view of the Red Sea.
Updated 10 August 2019

KAEC launches summer residential offering

In line with the strategy to enhance the quality of life on its beaches, King Abdullah Economic City (KAEC) has announced the launch of its summer residential offering under the slogan “Own a Turquoise View and Get a Car Free.” 

The offer is valid until Aug. 31. The live-by-the-sea campaign, launched for the first time ever, offers a free car upon purchasing a residential unit, with flexible payment plan over the course of five years with zero interest, and only 20 percent down payment.

“The residential communities in KAEC offer a collection of lifestyle elements and amenities which is unprecedented for any developer in Saudi Arabia, especially for those seeking entertainment, relaxation and rejuvenation with a direct view of the Red Sea and within a progressive, private and safe environment supported by technologically advanced infrastructure and world-class amenities,” said Charles Biele, CEO of KAEC’S Real Estate Development Company. 

The campaign offers families and investors a wide range of housing solutions, making homeownership possible for all Saudi citizens, as well as an enriching lifestyle in KAEC and helping realize Saudi Vision 2030.

Residents enjoy a variety of exclusive and luxurious lifestyle experiences and benefit from KAEC’s numerous facilities, which include waterfront dining options, retail outlets, health care, security, mosques, the highest quality schools, world-class universities and a number of luxury sporting and recreational facilities.

The KAEC is the largest privately funded new city in the world. Situated on the west coast of the Kingdom, KAEC covers an area, approximately the size of Washington, DC. KAEC comprises King Abdullah Port, the Coastal Communities residential districts, the Haramain Railway district and the Industrial Valley. The city is under development by Emaar, The Economic City.


Khalaf Al Habtoor extends timely medical assistance to Lebanese hospitals

Updated 05 August 2020

Khalaf Al Habtoor extends timely medical assistance to Lebanese hospitals

  • Al Habtoor will arrange one-month’s worth of urgent medical supplies for hospitals in the country that have more than 1,000 beds
  • The Khalaf Al Habtoor Hospital at Hrar in northern Lebanon will open up auxiliary treatment support for patients who are unable to be accommodated in Beirut hospitals

DUBAI: Khalaf Al Habtoor, the founding chairman of Al Habtoor Group (AHG), based in the UAE, is reaching out with timely aid for the Lebanese people after the massive explosion at a Beirut port on Tuesday, August 4, that devastated many neighborhoods, leaving more than a hundred dead people and thousands injured.

Al Habtoor, known for his philanthropic activities in the UAE and abroad, said he will extend all possible efforts within his means to aid the affected people in Lebanon as a first step of a multi-pronged assistance plan. As a first step, Al Habtoor will arrange one-month’s worth of urgent medical supplies for hospitals in the country that have more than 1,000 beds. The hospitals to be aided through this initiative include Haroun Hospital, Al Makasid Hospital, Levant Hospital, Rizk Hospital, Rafic Hariri Hospital, Hotel Dieu Hospital and the Khalaf Al Habtoor Hospital, Hrar.

Additionally, the Khalaf Al Habtoor Hospital at Hrar in northern Lebanon will open up auxiliary treatment support for patients who are unable to be accommodated in Beirut hospitals, conducting at least 100 operations for those injured in the explosion. To help those who require much needed recovery and recuperation assistance, the hospital will also rent out a nearby hotel, which will act as a temporary off-site field hospital for post-operative care and treatment.

More than 300,000 people have been left homeless by the blast, which tore through several dozen neighborhoods close to the port area, razing several buildings and shattering glass windows in a much wider area outside the blast zone. Two hotels owned by Habtoor Hospitality in Beirut, Hilton Beirut Habtoor Grand and Hilton Metropolitan Palace, have been damaged in the fallout of the explosion.

Al Habtoor said: “The country and people of Lebanon have always had a special place in my heart. This explosion which has devastated the capital city in the midst of an already severe economic crisis has left the common people badly shaken. We offer our deepest condolences to the families of the victims and will leave no stone unturned in reaching them the best possible emergency and medical aid, post-operative care and temporary accommodation for those rendered homeless by the tragic event.”

He added that the cries of the Lebanese people for help have been heard and that it was important to respond by offering the right kind of assistance and treatment, in terms of quantity, quality and the timing it reaches the people.

The visionary entrepreneur and philanthropist has extended generous contribution to Lebanon in various forms over the last decade, including refugee aid programs, Ramadan campaigns, wintertime distribution of food packages and blankets, the establishment of The Khalaf Al Habtoor Hospital, and a multitude of charitable donations.