King Abdullah Financial District

King Abdullah Financial District (KAFD) or simply Al-Maliyyah is a major mixed-use financial district located in the Al-Aqeeq neighbourhood of Riyadh, Saudi Arabia. It serves as the country's financial centre and a central hub for banking, investment, and professional services.

The district is managed by the King Abdullah Financial District Development and Management Company (KAFD DMC), a wholly owned subsidiary of the Public Investment Fund. It was previously managed by the Raidah Investment Company on behalf of the national pension authority.

Structure

The King Abdullah Financial District (KAFD) consists of 95 buildings, including office towers, residential structures, hotels, and entertainment facilities, covering approximately 1.6 million square meters. It is managed by the King Abdullah Financial District Development and Management Company, a subsidiary of the Public Investment Fund (PIF), and is the largest LEED Platinum-certified mixed-use district in the world.

In 2025, KAFD became the first financial district globally to achieve Platinum certification under the ModeScore Communities standard, recognizing its integrated, low-emission mobility and urban planning. The district's hospitality sector expanded in late 2025 through an agreement with Hilton Hotels & Resorts to operate a 450-room flagship hotel.

The master plan was overseen by Henning Larsen Architects, with individual towers designed by international firms including HOK, Omrania, SOM, Gensler, and Foster + Partners. The district's transit infrastructure is anchored by the KAFD metro station, designed by Zaha Hadid Architects, which became operational in late 2024. An internal 3.6 km driverless monorail with six stations is currently under development, with public operations scheduled for 2027.

A 9.6-mile network of climate-controlled skywalks connects the district's buildings, the longest continuous network of skyways in the world. As of 2026, KAFD hosts more than 140 office tenants and over 75 regional headquarters for multinational companies, serving as a central hub for business, residential, and public activities in Riyadh.