On July 6, 2026, Knowledge Economic City announced the obtainment of Shariah-compliant project financing of up to SAR 152 million from The Saudi Investment Bank (SAIB), with the financing secured on July 5, 2026. The 15-year facility will be drawn based on the project's financing requirements and is secured by a mortgage over land and promissory notes. Proceeds will be used to finance the completion of the Educational Complex Project, which will be managed and operated by Riyadh Schools Group, an affiliate of Mohammed Bin Salman Foundation (Misk Foundation), in line with the Company's strategy to develop high-quality educational assets within Knowledge Economic City.

Original announcement:

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