PIF launches property developer for Al Khafji coastal project near Kuwait
Saudi Arabia's Public Investment Fund has launched a company to develop a coastal residential and tourism project in Al Khafji, an oil-producing city near the Kuwaiti border, as the kingdom expands infrastructure around the strategically important area. Al Khafji lies about 10km south of the border and 130km from Kuwait City, placing it closer to the Kuwaiti capital than to Dammam, about 300km to…
We haven't written up this one. The National UAE has the full story — the link below goes straight to it.
