Emaar EC says to keep land in KAEC

Riyadh-Mubasher: Emaar the Economic City (Emaar EC) will keep its land in King Abdullah Economic City (KAEC), and corruption charges in question will be investigated and violators will be prosecuted, the Economic Cities Authority said, citing a royal decision.

The decision took into account the interests of investors and the public, as well as the overall stability of the Saudi stock market, the real estate developer said in a bourse statement on Sunday.

Mubasher Contribution Time: 22-Nov-2015 06:23 (GMT)