Media and Innovation Zone: Reshaping the Middle East's Technology and Media Ecology

Delaiye Ancient City Development Company announced that the Media and Innovation Zone will focus on the fields of technology, media, and communication (TMT), constructing a total area of over 250000 square meters of office space, supporting 450 residential units, 15000 square meters of retail area, and diverse catering facilities. The core highlight of the area is the first Middle Eastern store of the globally renowned sustainable hotel brand "1 Hotel" -1 Hotel Diriyah. The hotel has 325 rooms and is fully designed with local resources and environmental protection concepts.

The company stated that the region will attract global media institutions, creative enterprises, and professionals to settle in, promoting innovation and cross-border cooperation through advanced infrastructure and collaborative ecosystems. The project goal is to create a "future work life integration" for industry leaders, while focusing on sustainable development and improving the quality of regional life.

Armani Apartments: A limited edition of 15 top-notch customized residences

At the same time as the exhibition, the Delaiye Ancient City Development Company unveiled another high-end residential project - Armani Apartments. The project only offers 15 customized residences, each interior designed by the legendary Italian designer Giorgio Armani, blending Italian aesthetics with local Saudi cultural elements. This cooperation marks the first time that the Armani brand has deeply entered the high-end real estate market in the Middle East, aiming to provide scarce luxury living experiences for top global customers.

Overall plan for the ancient city of Delaiye: investing $63 billion to create a super city complex

According to the plan, the total investment for the development project of the ancient city of Delaiye is 236 billion Saudi riyals (approximately 63.2 billion US dollars), covering all business formats including office, commercial, cultural tourism, and residential areas

Mega scale infrastructure: 1.6 million square meters of office space, 566000 square meters of retail area, over 40 luxury hotels, and 18000 high-end residential units.

Cultural Heritage: The residence adopts the traditional Saudi "Najdi" architectural style, integrating modern design concepts and showcasing a dialogue between history and the future.

Diversified supporting facilities: equipped with cultural centers, entertainment facilities, medical facilities, and sports venues, with the goal of building a livable community that can accommodate 100000 residents.

After the project is fully completed, it is expected to attract 50 million tourists annually and become a new engine for the Saudi tourism economy. Delaiye Company emphasizes that this plan will not only help Saudi Arabia achieve its "2030 Vision" economic diversification goals, but also reshape the development paradigm of Middle Eastern cities.

Economic Impact: Empowering Saudi Arabia's Transformation and Global Competitiveness

The development of the ancient city of Delaiye is seen as a crucial step for Saudi Arabia to break free from its dependence on oil and transition to a knowledge-based economy. The media and innovation zone will promote the gathering of technical talents, while Armani Apartments targets the global high net worth population, combining cultural, tourism, and commercial resources. The project is expected to form a model of "industry city integration". Analysts point out that as PIF continues to increase investment in non oil sectors, Saudi Arabia's voice in the regional economy will further strengthen.

From technological ecology to luxury living, from cultural heritage to sustainable development, the Delaiye Ancient City project redefines the future of Middle Eastern cities with a billion dollar investment. Can this ambitious blueprint be realized as scheduled? The answer may have a profound impact on the economic landscape of Saudi Arabia and even the world. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Wu Juan