Emaar, The Economic City (EEC) is a Tadawul-listed public joint-stock Saudi company established in 2006 and is 25% owned by the Public Investment Fund (PIF). King Abdullah Economic City (KAEC) is located on the Red Sea coast of Saudi Arabia, north of Jeddah, and spans 185 square kilometers anchored by King Abdullah Port and KAEC Industrial Valley.
The company operates in five segments: Residential Business, Industrial Development, Hospitality and Leisure, Education Services, and City Operations. Emaar, The Economic City has 120 total employees and trailing twelve month revenue of $148M.
Notable subsidiaries include Economic Cities Investments Holding Company (ECIHC), Industrial Zones Development Company Limited (IZDCL), Economic Cities Real Estate Operation and Management Company Limited (REOM), Economic Cities Pioneer Real Estate Management Company Limited (REM), Economic Cities Real Estate Development Company Limited (RED) and Emaar Knowledge Company Limited (EKC). In March 2026, Emaar The Economic City signed a SAR1 Billion loan with Saudi Sovereign Wealth Fund.
Facts compiled by Executive Moves from publicly available news and press releases on 12 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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