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Saudi to build financial district
- Saudi Arabia: Tuesday, May 09 - 2006 at 13:23
Saudi Arabia plans to build a major financial district in Riyadh, called the King Abdullah Financial District, which it says will match the world's major financial centres. The district will be built over 16m sqft and have a floor space of 30m sqft. The master plan will be presented by the end of 2006 and construction will start in 2007. It will also be the new headquarters for the Capital Market Authority and the stock exchange.
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James McInerney, News EditorTuesday, May 09 - 2006 at 13:23 UAE local time (GMT+4)
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