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Monday, June 30, 2008

Knowledge Economic City

(via Wiki) Knowledge Economic City of Medina was launched by the Custodian of the Two Holy Mosques King Abdullah bin AbdulAziz in June 2006 and is the third of six economic cities announced by Amr al Dabbagh, Governor of the Saudi Arabian General Investment Authority. The 25 billion Riyal (USD7 billion) project is located at Al-Madinah, the home of Muhammad and where Qur'an was compiled. The project has special significance for Muslims throughout the world because of its location. Knowledge Economic City is designed as a project to position Saudi Arabia and young Saudi Arabian entrepreneurs as internationally respected leaders in knowledge based industries and aims to attract and develop talent from around the world. It is intended to create opportunities on a global scale while providing investors and entrepreneurs with infrastructure, opportunity, a unique pool of talent and the potential for a healthy return on investment. Go to www.madinahkec.com for further information.

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