Kingdom Holding Co (KHC), the Saudi-based investment group chaired by Prince Alwaleed, has decided to expand its key project in Riyadh, Kingdom Centre (Trade Centre) at an investment of SR43.8m ($11.6m). The expansion is planned to include 26 new commercial stores with a total area of 3,580 sq m, in addition to 10 commercial stands occupying 157sqm, an 874sqm children recreation area 27 food stalls totalling 1,420 sq m, a 600sqm mosque, and common area and service facilities making up the 13,550sqm expansion. The Kingdom Centre occupies 94,230sqm of land comprising the Al Mamlaka shopping mall, and a 300-metre office tower which was, when built, the tallest building in the Middle East. [AMEInfo.com]
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