Knowledge Economic City Company announced the signing of MOU with the Saudi Ministry of Investment on 23 Feb. 2022 to discuss areas of cooperation between the two parties to promote and develop investment in Knowledge economic City projects. Memorandum duration is 5 years.

The parties seek to develop and enhance investments in the Knowledge Economic City and to cooperate to achieve the objectives of both parties, through support companies in establishing and investing in Knowledge Economic City, develop and promote investment opportunities in the in Knowledge Economic City, attracting investment in the provision of services for different projects, providing support and consultancies in the fields of investment in real estate development and encourage the use of the best technologies in real estate projects in the Knowledge Economic City.