沙特王子：世界最高楼将采用伊斯兰金融融资模式
DUBAI, Nov 29 (Reuters) - Saudi Arabia's Kingdom Holding 4280.SE said on Sunday that its affiliate Jeddah Economic Co had agreed with Alinma Bank 1150.SE to establish an 8.4 billion riyal ($2.2 billion) real estate development fund.
The fund will develop the first phase of the Jeddah Economic City project and finish construction work on Jeddah Tower, Kingdom said in a statement.
Alinma Bank will finance the fund, which is to be sharia-compliant and managed by Alinma Investment, Kingdom added without elaborating on how the money would be raised. (Reporting by Katie Paul; Editing by Andrew Torchia) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
Keywords: KINGDOM ALINMA BANK/FUNDING
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