Al Akaria signs $5bn deal with Triple Five to build entertainment and commercial center in Riyadh

Al Akaria signs $5bn deal with Triple Five to build entertainment and commercial center in Riyadh
(AN File photo)
Updated 01 November 2019

Al Akaria signs $5bn deal with Triple Five to build entertainment and commercial center in Riyadh

Al Akaria signs $5bn deal with Triple Five to build entertainment and commercial center in Riyadh

RIYADH: Saudi Arabia’s Al Akaria has signed an investment agreement with Triple Five worth $5 billion to develop American Dream, “an international tourist destination” the Saudi Arabian General Investment Authority (SAGIA) said on Thursday.

This brings the value of deals announced by SAGIA at the Future Investmnet Initiative conference to $20 billion, it said in a statement.