Arab Today, arab today kingdom center set for sr438m expansion
Last Updated : GMT 04:31:55
Arab Today, arab today
Arab Today, arab today

Kingdom Center set for SR43.8m expansion

Arab Today, arab today

Arab Today, arab today Kingdom Center set for SR43.8m expansion

Riyadh - Arabstoday

The Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced the SR43.8 million expansion of Kingdom Center Company Ltd. (Trade Center).It is chaired by Talal Ibrahim Al-Maiman, executive director for development and domestic investments and KHC board member.KHC holds a 36 percent interest in Kingdom Center.Prince Alwaleed commented: “The expansion of Kingdom Center comes in light of KHC’s objective to continue to fortify its investments in Saudi Arabia.”Talal Al-Maiman said: “The total area of the expansion is 13,550 square meters and the annual return on investment is approximately 35 percent.”Al-Maiman said the expansion included 26 commercial stores with a total of 3,580 square meters, in addition to 10 commercial stands occupying 157 square meter and an 874 square meters children recreation area and 27 food stalls totaling 1,420 square meters and a 600 square meter mosque.The expansion also includes common area and service facilities making up the 13,550 square meters expansion.The Kingdom Center was completed in 2002. The Kingdom Center is an iconic building and one of Saudi Arabia’s most identifiable landmarks.The Kingdom Center, which occupies 94,230 square meters of land, comprises the Al-Mamlaka shopping mall, considered to be one of Riyadh’s most prestigious shopping malls, and a 300-meter office tower which was, when built, will become the tallest building in the Middle East.Moreover, KHC recently announced the Four Seasons Hotel Riyadh expansion project, currently under development.The 48th floor will be converted into two floors “48th and 50th floors” with 44 premium category of guest rooms and suites, a check-in desk on the 48th floor, as well as the services of a dedicated concierge staff. The expansion also includes a panoramic elevator, a 90 sqm Executive Lounge and a unique butler service.The Kingdom Suite will be the “Signature Suite” of the hotel situated on both floors (duplex) covering an area of 330 sqm.Kingdom Center was constructed to be a multi-purpose project.The eastern wing of the project includes world-famous brands that were chosen to suit particular local needs.A number of fast-food restaurants occupy the middle area of the mall. The department stores occupy opposite ends of Al-Mamlakah Mall, while the rest of the stores occupy locations facing the vast areas allocated to the public.They are interconnected by six pedestrian bridges. The open areas of the three commercial floors converge horizontally. Those distinctive features have gained the Kingdom Center Project a number of awards.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kingdom center set for sr438m expansion Arab Today, arab today kingdom center set for sr438m expansion

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kingdom center set for sr438m expansion Arab Today, arab today kingdom center set for sr438m expansion

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Egypt's Sisi meets Israeli PM at UN

GMT 04:27 2017 Wednesday ,20 September

Egypt's Sisi meets Israeli PM at UN
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 14:33 2017 Monday ,18 September

Cholera Cases Could Hit 850,000

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday