King Abdullah Economic City (KAEC)

Rabigh, Saudi ArabiaSpecial Economic Zone (SEZ)Operational

A 173 sq km economic city on the Red Sea coast, home to King Abdullah Port and a growing industrial base. Tadawul-listed via Emaar, The Economic City.

Last verified: 2026-05-01Submit a correction →Visit site

Founded

2005

Status

Operational

Operating entity

Emaar, The Economic City (EEC) — Saudi Tadawul-listed JSC; 25% PIF-ownedSaudi Arabia[src]

Total funding

$55Bas of Project total

Population

7,000 / 2,000,000current / target

Founders & Leadership

Abdulaziz Alnowaiser[src]
CEO (per 2026 GlobeNewswire)

Funding

Total raised: $55B (as of Project total)

SAR 207B (~$55B) projected total cost. Tadawul-listed; SAR 8.7B turnaround plan (2024).

Investors

Public (Tadawul-listed)
Firm
Public Investment Fund (25%)
Sovereign Wealth
Emaar Properties (Dubai)
Firm
Saudi government / SAGIA
Government

How to join

Business setup in KAEC SEZ free zone
Business incorporationApply / Learn more
Property ownership / residency
Residency

Goals

173 sq km development; 1M jobs; SR 50B capex through 2025 ($14B direct EEC); King Abdullah Port (top global efficiency).

Target population — 2,000,000

Press

GlobeNewswire · 2026-02-03Emaar, The Economic City — corporate updates

Official channels

Unverified or unconfirmed

population.current (precise), links.twitter, links.instagram, links.youtube, investors (full list). Have a correction? →