KAFD has been established based on King Abdullah's visionary perspective of creating a new financial district that would elevate Riyadh's economy to new heights. Since being acquired by Saudi Arabia's Public Investment Fund (PIF), KAFD has transformed into a premier destination for both business and lifestyle, embodying the fundamental principles of Vision 2030. By facilitating economic growth and diversification, KAFD aims to provide the local community with a dynamic and vibrant experience at the heart of Riyadh.