Emaar The Economic City (EEC)
Top 50 Real Estate Developers in MENA 2021

Emaar The Economic City (EEC)

Rank: 17

Country: Saudi Arabia

CEO: Cyril Piaia

Date of establishment: 2006

EEC is the master developer of the King Abdullah Economic City (KAEC) in Saudi Arabia. The company is 25% owned by Saudi’s Public Investment Fund. It owns 50% of PDC, the company that develops and owns King Abdullah Port Co. The company reported total assets of $4.3 billion in June 2021. EEC also achieved sales worth $23.5 million during the second quarter of the year.