{"id":1719,"date":"2015-08-13T03:03:05","date_gmt":"2015-08-13T01:03:05","guid":{"rendered":"http:\/\/blog.weetas.com\/?p=1719"},"modified":"2019-04-07T12:24:15","modified_gmt":"2019-04-07T10:24:15","slug":"get-to-know-the-main-features-of-king-abdullah-financial-center","status":"publish","type":"post","link":"https:\/\/www.weetas.com\/article\/get-to-know-the-main-features-of-king-abdullah-financial-center\/","title":{"rendered":"King Abdullah Financial District: get to know the main features"},"content":{"rendered":"<p>King Abdullah Financial District (KAFC) is a new $7.8bn urban location that will put Riyadh, the capital of the Kingdom of Saudi Arabia on the financial map. The center will stand as a common ground business and finance field in the Middle East. It\u2019s located North Riyadh on land owned by Public Pension Agency and extends for 1.6 million square meters.<\/p>\n<p>The center will include the elite of young professionals in all finance fields. It will include also venues for the world most renowned companies in addition to Saudi institutions and governmental bodies. That\u2019s why King Abdullah Financial District is awaited to be an economics and finance studies hub where plans are strategies are set for KSA and the whole Arab Peninsula.<\/p>\n<p>We will display a number of the most remarkable features of King Abdullah Financial District:<\/p>\n<h2><strong>Location:<\/strong><\/h2>\n<p>It lies on the extension of King Abdullah highway. It\u2019s bordered to the east by King Fahd road, to the south by the northern ring road, and to western and northern sides by the specialized road.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u0648\u0642\u0639-2.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1721 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u0648\u0642\u0639-2.jpg\" alt=\"KAFC\" width=\"610\" height=\"380\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u0648\u0642\u0639-2.jpg 610w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u0648\u0642\u0639-2-300x186.jpg 300w\" sizes=\"(max-width: 610px) 100vw, 610px\" \/><\/a> <a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0645\u0648\u0642\u0639-\u0645\u0631\u0643\u0632-\u0627\u0644\u0645\u0627\u0644\u064a.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1722 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u0648\u0642\u0639-\u0645\u0631\u0643\u0632-\u0627\u0644\u0645\u0627\u0644\u064a.jpg\" alt=\"King Abdullah Financial Center\" width=\"610\" height=\"407\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u0648\u0642\u0639-\u0645\u0631\u0643\u0632-\u0627\u0644\u0645\u0627\u0644\u064a.jpg 610w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u0648\u0642\u0639-\u0645\u0631\u0643\u0632-\u0627\u0644\u0645\u0627\u0644\u064a-300x200.jpg 300w\" sizes=\"(max-width: 610px) 100vw, 610px\" \/><\/a><\/p>\n<h2><strong>Construction phases:<\/strong><\/h2>\n<p>Construction started on the project in 2007, the King Abdullah FInancial District comprises 59 Skyscrapers erected around the area.<\/p>\n<p>King Abdullah announced on the project inauguration that it will be the first of its kind in the Middle East. The project construction took place on a number of phases; the first phase included the establishment of 16 towers, hotel, and a mosque stretching on a space of 592.555 square meters.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u0623\u0648\u0644\u0649.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1723 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u0623\u0648\u0644\u0649.jpg\" alt=\"Riyadh\" width=\"598\" height=\"312\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u0623\u0648\u0644\u0649.jpg 598w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u0623\u0648\u0644\u0649-300x156.jpg 300w\" sizes=\"(max-width: 598px) 100vw, 598px\" \/><\/a><\/p>\n<p>The second phase consisted of 44 towers between office, commercial, and residential towers scattered around 30 land plots.<\/p>\n<p>The third phase was about laying down the project\u2019s infrastructure including finalizing facilities attachment to the center units, in addition to paving inner and outer roads to facilitate traffic and transportation in and out of the center. The project cumulative construction cost reached 30 billion SAR.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631\u0629-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u062b\u0627\u0644\u062b\u0629.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1724 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631\u0629-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u062b\u0627\u0644\u062b\u0629.jpg\" alt=\"Financial Center in Riyadh\" width=\"640\" height=\"333\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631\u0629-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u062b\u0627\u0644\u062b\u0629.jpg 640w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0635\u0648\u0631\u0629-\u0627\u0644\u0645\u0631\u062d\u0644\u0629-\u0627\u0644\u062b\u0627\u0644\u062b\u0629-300x156.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<h2><strong>Building architecture: \u00a0<\/strong><\/h2>\n<p>The building architecture of King Abdullah Financial District relied on the highest international standards of design and architecture. The building theme was designed to mingle between the traditional local building trends and the latest international fashion.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u0645.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1726 size-full aligncenter\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u0645.jpg\" alt=\"Architecture in Financial center\" width=\"600\" height=\"450\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u0645.jpg 600w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u0645-300x225.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u06452.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1727 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u06452.jpg\" alt=\"Buildings in KAFC\" width=\"600\" height=\"602\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u06452.jpg 600w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u06452-150x150.jpg 150w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062a\u0635\u0627\u0645\u064a\u06452-300x300.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Movement and transportation:<\/strong><\/h2>\n<p>Mobility around\u00a0King Abdullah Financial District is facilitated through an inner monorail enabling easy transportation and offers its passengers the chance to view the center\u2019s architecture and designs brilliance.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0642\u0637\u0627\u0631-\u0627\u0644\u0645\u0631\u0643\u0632.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1728 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0642\u0637\u0627\u0631-\u0627\u0644\u0645\u0631\u0643\u0632.jpg\" alt=\"Riyadh monrail\" width=\"599\" height=\"364\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0642\u0637\u0627\u0631-\u0627\u0644\u0645\u0631\u0643\u0632.jpg 599w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0642\u0637\u0627\u0631-\u0627\u0644\u0645\u0631\u0643\u0632-300x182.jpg 300w\" sizes=\"(max-width: 599px) 100vw, 599px\" \/><\/a><\/p>\n<p>Pedestrians are able to move about King Abdullah Financial District and shift from a tower to another using hanged air-conditioned tubes. The tubes cumulative length is estimated at about 11,400 meters.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062c\u0633\u0648\u0631-\u0627\u0644\u0647\u0648\u0627\u0626\u064a\u0629.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1729 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062c\u0633\u0648\u0631-\u0627\u0644\u0647\u0648\u0627\u0626\u064a\u0629.jpg\" alt=\"Hanged tubes\" width=\"500\" height=\"300\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062c\u0633\u0648\u0631-\u0627\u0644\u0647\u0648\u0627\u0626\u064a\u0629.jpg 500w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u062c\u0633\u0648\u0631-\u0627\u0644\u0647\u0648\u0627\u0626\u064a\u0629-300x180.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>KAFD will have also a special metro station that lies as a part of King Abdulaziz General Transportation Project in Riyadh. The station lies in the orange route which links between the center and King Khaled International Airport.<\/p>\n<h2><strong>The project facilities:<\/strong><\/h2>\n<p>The project includes a set of amenities and facilities which aims in principle to satisfy residents\u2019 needs. Facilities projects in KAFD include Al Wadi Park, aquarium, conference center, environment museum, science museum, and spa.<\/p>\n<p>It will encompass seven mosques architected to implement the traditional Islamic design, besides open gardens and considering the aesthetic aspect of the whole project.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u062a\u062d\u0641-\u0627\u0644\u0645\u0627\u0626\u064a.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1730 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u062a\u062d\u0641-\u0627\u0644\u0645\u0627\u0626\u064a.jpg\" alt=\"Facilities in KAFC\" width=\"610\" height=\"441\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u062a\u062d\u0641-\u0627\u0644\u0645\u0627\u0626\u064a.jpg 610w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0645\u062a\u062d\u0641-\u0627\u0644\u0645\u0627\u0626\u064a-300x216.jpg 300w\" sizes=\"(max-width: 610px) 100vw, 610px\" \/><\/a> <a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0645\u062a\u062d\u0641-\u0627\u0644\u0628\u064a\u0626\u0629.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1731 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u062a\u062d\u0641-\u0627\u0644\u0628\u064a\u0626\u0629.jpg\" alt=\"Amenities in King Abdullah Financial Center\" width=\"650\" height=\"366\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u062a\u062d\u0641-\u0627\u0644\u0628\u064a\u0626\u0629.jpg 650w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0645\u062a\u062d\u0641-\u0627\u0644\u0628\u064a\u0626\u0629-300x168.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<h2><strong>King Abdullah Financial District companies and institutions<\/strong><\/h2>\n<p>The district will have a financial academy to offer training courses and a wide array of educational services in various financial majors for whoever wants to apply.<\/p>\n<p>Also, many domestic financial institutions have uncovered their intention to open new branches or move their headquarters to the center including SAMBA Bank, Banque Saudi Fransi, and The Arab National Bank.<\/p>\n<p>Major insurance companies, brokering\u00a0agencies, consulting and accounting firms are studying reserving unique locations for themselves in the King Abdullah Financial District.<\/p>\n<p><a href=\"http:\/\/blog.weetas.com\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0635\u0648\u0631\u0629-\u0627\u0644\u0623\u062e\u064a\u0631\u0629.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-1732 size-full\" title=\"King Abdullah Financial District: get to know the main features\" src=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0635\u0648\u0631\u0629-\u0627\u0644\u0623\u062e\u064a\u0631\u0629.jpg\" alt=\"KAFC in Saudi Arabia\" width=\"600\" height=\"389\" srcset=\"https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0635\u0648\u0631\u0629-\u0627\u0644\u0623\u062e\u064a\u0631\u0629.jpg 600w, https:\/\/www.weetas.com\/article\/wp-content\/uploads\/2015\/08\/\u0627\u0644\u0635\u0648\u0631\u0629-\u0627\u0644\u0623\u062e\u064a\u0631\u0629-300x194.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<h3>To learn more about financial projects in the region see also:<\/h3>\n<header class=\"entry-header\">\n<h4 class=\"entry-title\"><a href=\"https:\/\/www.weetas.com\/article\/check-latest-economic-cities-gcc\/\">Free trade zones: check the latest Economic Cities in the GCC<\/a><\/h4>\n<header class=\"entry-header\">\n<h4 class=\"entry-title\"><a href=\"https:\/\/www.weetas.com\/article\/abdulaziz-bin-mousaed-economic-city\/\">Prince Abdulaziz bin Mousaed Economic <\/a>City : Between ambition and reality<\/h4>\n<header class=\"entry-header\">\n<h4 class=\"entry-title\"><a href=\"https:\/\/www.weetas.com\/article\/madinat-al-hareer-next-big-thing\/\">Silk City: What makes Madinat Al Hareer in Kuwait the next big thing?<\/a><\/h4>\n<\/header>\n<\/header>\n<\/header>\n","protected":false},"excerpt":{"rendered":"<p>King Abdullah Financial District (KAFC) is a new $7.8bn urban location that will put Riyadh, the capital of the Kingdom of Saudi Arabia on the financial map. The center will stand as a common ground business and finance field in the Middle East. It\u2019s located North Riyadh on land owned by Public Pension Agency and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[881],"tags":[],"_links":{"self":[{"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/posts\/1719"}],"collection":[{"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/comments?post=1719"}],"version-history":[{"count":8,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/posts\/1719\/revisions"}],"predecessor-version":[{"id":17816,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/posts\/1719\/revisions\/17816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/media\/1721"}],"wp:attachment":[{"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/media?parent=1719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/categories?post=1719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weetas.com\/article\/wp-json\/wp\/v2\/tags?post=1719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}