FINANCIAL NEWS

Saudi Cayan Group to build UAS266.6m mixed-use project

17 Oct 2015

(MENAFN) Saudi-based developer, Cayan Group, has announced a new partnership to build a new USD266.6 million mixed-use project north of Riyadh, the Gulf kingdom’s capital city.

Cayan said in a statement that it is collaborating with Al Ajlan Holding and Al Saeed to develop the project, adding that Khatib & Alami has been engaged as the main design consultant.

‘We believe that this collaboration is an extension of the successes we have achieved and we are still achieving, and we look forward to developing a project in line with our clients aspirations,’ president and chairman of Cayan Group said.

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