King Abdullah Financial Center in Riyadh cooperates with Hilton to promote tourism in the Kingdom of Saudi Arabia

Posted on October 30, 2025

King Abdullah Financial Center in Riyadh (KAFD) It has taken a major step forward in enhancing its tourism and business potential through a historic partnership with Hilton. The King Abdullah Financial Center Development and Management Company (KAFD DMC) signed a hotel management agreement (HMA) with Hilton to operate a hotel A 450-key Hilton Hotels & Resorts property In the heart Riyadh. This new project, which was officially announced at the ninth session of the Future Investment Initiative (FII) in Riyadh, represents a major milestone in the region’s strategy to attract global business and leisure travellers, in line with the region’s strategy. Saudi Arabia Vision 2030.

This exciting partnership is poised to redefine hospitality in Riyadh, create new opportunities for visitors and contribute to the city’s emergence as a major global destination for both business and leisure. The new Hilton hotel is expected to significantly elevate the hospitality landscape, complementing the region’s role as a hub for conferences, business meetings and cultural experiences.

KAFD’s vision for growth

The King Abdullah Financial Fund is at the forefront of Saudi Arabia’s ambitious Vision 2030, which aims to diversify the economy and make the Kingdom a global hub for business and tourism. The area is rapidly developing into a mixed-use urban destination, featuring modern office space, residential communities and retail centres. The addition of the Hilton will enhance KAFC’s reputation as a vibrant business and lifestyle ecosystem.

Saad Abdul Aziz Al-Kroud, Chairman of the Board of Directors of the King Abdullah Financial Center for Development (DMC), expressed his happiness with the partnership with Hilton. He pointed out that the agreement would significantly enhance the hospitality offerings offered by the King Abdullah Financial Center and position the region as a prominent destination for international visitors. This partnership will also help achieve the goals of Vision 2030 by contributing to the growth of tourism in the Kingdom through world-class infrastructure and premium accommodation options.

John Pagano, General Manager of KAFD DMC, added that this agreement is an important step in supporting the expansion of the region, with a focus on creating a dynamic environment where work and leisure seamlessly converge. The hotel will enhance the overall visitor experience by providing first-class accommodation and amenities, making it an ideal complement to the region’s wider ambitions.

What the new Hilton hotel offers

The Hilton Riyadh King Abdullah Financial District will feature 450 modern, elegantly designed rooms and suites. Through Hilton’s distinctive service, the hotel will provide a distinctive local experience, combining international hospitality standards with the warmth of Saudi culture. Guests will enjoy a range of dining options, from the elegant lobby café to specialty restaurants and the poolside terrace.

For business travellers, the hotel will offer 900 square meters of event space, including boardrooms, meeting rooms and an executive lounge. The venue will cater for corporate meetings, large conferences and social gatherings, making it an ideal choice for international conferences held in the KAFC’s modern facilities.

Along with business events, the hotel will feature a fully equipped fitness centre, health club and other wellness amenities, ensuring that guests can relax after a busy day. By seamlessly connecting to the King Abdullah Financial District’s integrated ecosystem of offices, residences, retail and event venues, this new Hilton hotel will provide unparalleled convenience for visitors and residents alike.

Strategic location and communication

Located in the King Abdullah Financial District next to the King Abdullah Financial District Convention Center, the Riyadh Hilton will benefit from direct access to the region’s commercial and cultural ecosystem through a network of climate-controlled skyways. The hotel will also be connected to the upcoming monorail system, which will connect directly to the Riyadh Metro. This connection will provide guests with easy access to the city’s main attractions and make transportation between the airport and the hotel incredibly convenient. King Khalid International Airport is only a 25-minute drive away, enhancing the hotel’s appeal for international travellers.

Impact on the tourism and business landscape in Riyadh

This cooperation between the King Abdullah Financial Fund and Hilton is expected to have a significant impact on both the tourism and business scene in Riyadh. The opening of this hotel will increase the number of high-quality accommodation available in the region, providing new opportunities for visitors to experience Riyadh’s rapidly developing tourism scene.

The partnership also brings the potential for increased international events and conferences to the region. By hosting large-scale global events, meetings and conferences, the Hilton will play an integral role in strengthening Riyadh’s position as a leading business center in the region.

For leisure tourists, the addition of Hilton’s renowned luxury service in the heart of the financial center will provide more options for accommodation in a modern, sophisticated environment, with easy access to Riyadh’s rich cultural experiences. Visitors will benefit from commercial and leisure facilities, making the city an even more attractive destination for a wide range of travellers.

A bright future for Riyadh

As Riyadh continues to develop under Saudi Arabia’s Vision 2030, the new partnership between the King Abdullah Fund for Development and Hilton represents a critical step towards achieving the Kingdom’s ambitious tourism and business goals. The Hilton Riyadh King Abdullah Financial District will not only offer world-class hospitality, but will also create new opportunities for international business, entertainment and events.

This progress will help advance Riyadh’s goals to become a global trade and tourism hub thanks to the trade incentives offered and the city’s growing appeal for international travellers. Riyadh also works to reconcile business and tourism for the convenience of travelers. This will greatly help in achieving the pledges of Vision 2030 goals.