 | |
Native name | شركة تطوير البلد |
|---|---|
| Company type | Privately held company |
| Industry | Hospitality Tourism |
| Founded | 3 October 2023[1] |
| Founder | Public Investment Fund |
| Headquarters | , |
Key people |
|
| Owner | Public Investment Fund |
| Subsidiaries | Al Balad Hospitality |
| Website | balad |
Al Balad Development Company (BDC; Arabic: شركة تطوير البلد) is a hospitality and tourism company based in Jeddah, Saudi Arabia. The company was founded in October 2023 by the Public Investment Fund as part of Saudi Vision 2030. BDC aims to transform Al Balad Historic District into a global tourist destination.[3]
- ^ "PIF Announces 'Al Balad Development Company' to Develop Jeddah's Historic District and Transform it into Global Cultural and Heritage Destination". Saudi press Agency. 3 October 2023. Retrieved 16 March 2024.
- ^ "About AlBalad Development Company". balad.com.sa. Al Balad Development Company. 3 October 2023. Retrieved 16 March 2024.
- ^ "PIF creates Al Balad Development Co. to boost historic Jeddah area". Arab News. 3 October 2023. Retrieved 16 March 2024.