Emaar Economic City to build $2bn development with Capri

Dubai: Emaar Economic City, the Saudi unit of Dubai's Emaar Properties, will build a 7.5 billion-riyal ($2 billion) real estate project with Capri Capital Partners.

The development in King Abdullah Economic City will include two five-star hotels, office buildings and a shopping center, Emaar Economic City said in a statement on the Saudi bourse.