After 20 months of convincing investors, financing is finally ready for the Kingdom Tower project. Talal Al Maiman, CEO of Kingdom Real Estate Development Co. said in an interview in Shanghai that every detail about financing was discussed with investors and currently the project can move forward as there are no financial obstacles to it.
“We have all the investors, all the finance, all the money we need.” Talal Al Maiman said. This can be only good news for the project.
From other independent sources we confirmed that effective work will begin this year.