Situated in the middle of the GCC, the Eastern Province of Saudi Arabia has been a major economic hub for over a century that is blessed with numerous geographic assets and common borders with every country in the region. With the evolution of the industry in the province, business and investments flourished over the years, and the supply struggled to keep up with the demand. The neighboring chief entities of the region Saudi Aramco, King Fahd University of Petroleum and Minerals, and Dhahran Techno Valley Company shared mutual interests that have paved the way to conceptualizing and envisioning a modern business hub in alignment with the Kingdom’s Vision 2030 - AMAAD Business Park.
King Fahd University of Petroleum and Minerals (KFUPM) was established by royal decree issued on September 23rd, 1963. Since then, the university has embarked on a journey extending across generations, becoming a model of academic excellence and innovation. Its mission extends beyond knowledge dissemination; it actively shapes the future.
In a testament to its forward-looking vision, KFUPM has ventured into establishing the AMAAD Business Park, strategically located within the university's campus. This visionary initiative underscores the university's unwavering commitment to cultivating an ecosystem that nurtures talent, ignites innovation, and propels growth
By setting up the AMAAD Business Park, King Fahd University of Petroleum and Minerals has not only focused on the present but also cast its gaze towards the future. This dynamic hub, AMAAD, plays a pivotal role in the energy and engineering sectors, fostering a culture of innovation and collaboration that transcends industry boundaries. Moreover, AMAAD Business Park enjoys a prime location and offers a comprehensive array of state-of-the-art facilities and amenities. This holistic approach embodies the complex's vision as a thriving center that promotes interaction and sustains enriching experiences. It underscores AMAAD's significance as a vibrant area that catalyzes business development and provides a rewarding environment for both visitors and residents alike.
Saudi Arabia is indisputably one of the most important countries in the world in terms of geopolitics, economic power, and influence. The Kingdom’s relatively young population and vast natural resources have enabled Saudi Arabia to take a leading position in the world. Saudi Vision 2030 is therefore built around three primary themes: a vibrant society, a thriving economy, and an ambitious nation.
Capitalizing on being the largest economy in MENA, and the 18th largest economy in the world; Saudi Arabia takes the lead in having:
AMAAD Business Park offers a sense of community that paves the way to new opportunities and welcomes outstanding talent, capital, and exceptional capabilities that are catered to address tomorrow’s trends and lifestyles. AMAAD takes pride in its history of business innovation, while still setting its sights on revitalizing growth through modernized infrastructure.
AMAAD Business Park is envisioned to be a modern energy and engineering hub in the region within a community that creates high-quality urban living and an interactive working environment to foster innovation. We envisage the development of different environments, including residential, commercial, and retail with institutional settings.