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Knowledge Economic City Forms SAR 399M Partnership with Riyadh Schools to Develop Educational Complex
Jul 06, 2025•12 months ago
Contract Type
partnership
Non ProfitGovernmentSmart Cities
Description
Knowledge Economic City Company has established a partnership with Riyadh Schools Holding to develop and lease a new educational complex in Madinah valued at SAR 399.3 million. This deal emphasizes KEC's commitment to advancing education and development within the region.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months