Al Diriyah Signs Investment MOU

Al-Diriyah Company has signed a memorandum of understanding with the French Saudi Bank for one year to enhance cooperation in the fields of investment, luxury real estate, and financial services. The goal is to develop and operate multiple-use assets within the Diriyah project, which aims to attract 50 million visitors annually by 2030, with a population exceeding 100,000, in addition to providing 180,000 job opportunities and contributing 70 billion Saudi riyals to the gross domestic product. The initiatives include developing investment packages, joint marketing campaigns, and organizing exclusive events, along with offering special promotions for private banking clients. These efforts aim to strengthen Diriyah’s position as a global center for investment and tourism.

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