Day: January 2, 2025

Shareholders Of Emaar The Economic City Approve Capital Decrease To Extinguish Accumulated Losses, Progressing Capital Optimisation Plan

Emaar the Economic City (“EEC” or the “Company”), the master developer of King Abdullah Economic City (“KAEC” or the “City”), announces its shareholders’ approval, during the Extraordinary General Assembly Meeting (“EGA”) convened on 31 December 2024, of a capital decrease of SAR 6,100,734,250, a key component of the Capital Optimisation Plan (“COP”) the Company announced

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