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Emaar unit looking to raise 1b riyals for Saudi project

The King Abdullah Economic City will include a business district, port, resorts

[DUBAI] Emaar Economic City plans to raise one billion riyals (S$333.2 million) to help finance construction of the King Abdullah Economic City and will spend 13 billion riyals developing the Saudi Arabian project over the next four years. The company, a unit of Dubai-based Emaar Properties PJSC