The King Abdullah Financial District Development and Management Company (KAFD DMC) today announced the official opening of Istituto Marangoni\u2019s new campus at the Riyadh Creative District (RCD) in KAFD, further cementing the district\u2019s position as the leading destination for top talent and world-class institutions. <\/p>\n\n\n\n
In line with Saudi Arabia\u2019s transformation under Vision 2030, KAFD continues to attract international organizations that are contributing to the Kingdom\u2019s emergence as a dynamic hub for business, innovation and lifestyle.<\/p>\n\n\n\n
Established in Milan in 1935, Istituto Marangoni is among the world\u2019s most prestigious academic
institutions specializing in fashion, design, and luxury product management. With campuses in major
cultural capitals including Paris, London, Dubai, Mumbai and Shanghai, and Miami, and a student
body representing more than 100 nationalities, the institute is internationally recognized for nurturing
creative excellence.<\/p>\n\n\n\n
KAFD\u2019s contribution to the Royal Commission for Riyadh City\u2019s vision, including hosting the Riyadh
Creative District initiative, creates an environment where organizations such as Istituto Marangoni can
thrive within an ecosystem where innovation, design, and culture converge with world-class business
and lifestyle infrastructure.<\/p>\n\n\n\n
Sultan Alobaida, Chief Commercial Officer at KAFD DMC, said: \u201cWe are delighted to welcome Istituto
Marangoni to KAFD. As a global pioneer in fashion, design, and luxury management, its arrival marks
an important step in positioning KAFD as a world-class destination for business, creativity, and
lifestyle. <\/p>\n\n\n\n
The global fashion and luxury market is significant, with the GCC alone being valued at
$80billion. Meanwhile Saudi\u2019s fashion industry contributes 2.5% of the Kingdom\u2019s GDP, so this
partnership will be instrumental in cultivating creative talent, strengthening Riyadh\u2019s global standing
and opening new opportunities for growth in this space.\u201d<\/p>\n\n\n\n
Eng. Mazen Tammar, Acting Vice President of City Marketing & Investment Promotion at the Royal
Commission for Riyadh City (RCRC), stated, \u201cThe launch of Istituto Marangoni in the Riyadh Creative
District in KAFD marks a significant milestone in our journey to position Riyadh as a global capital for
creative industries. Launched earlier this February, RCD is rapidly emerging as a magnet for
international talent and innovation. <\/p>\n\n\n\n
We are proud to welcome one of the world\u2019s leading fashion institutes to this vibrant ecosystem, and we look forward to seeing it contributing to the district\u2019s dynamic community through education, collaboration, and cultural exchange.\u201d<\/p>\n\n\n\n
Talking at the inauguration event, held last August 28th, Stefania Valenti, Global Managing Director of
Istituto Marangoni, said: \u201cThe opening of the campus in Riyadh marks the latest expansion in Istituto
Marangoni international network. <\/p>\n\n\n\n
Saudi Arabia is undergoing a rapid transformation and is becoming one of the world\u2019s most dynamic markets for the fashion and luxury system. We are grateful to KAFD and all stakeholders and institutions, especially the Royal Commission for Riyadh City, the Fashion Commission, MISA and the Italian Embassy in Riyadh, for giving Istituto Marangoni this unique opportunity to contribute to Saudi Vision 2030 by nurturing a new generation of talented creatives and managerial professionals\u201d.<\/p>\n\n\n\n
KAFD is rapidly establishing itself as a center for creativity and talent development. With luxury retail,
fine dining, cultural programming, and lifestyle experiences woven into the district\u2019s design, it offers a
platform for students, professionals, and global institutions to exchange ideas and showcase
innovation.
Furthermore, KAFD is now home to 19 regional headquarters and more than 140 office tenants, underscoring its growing status as a launchpad for global companies entering Saudi Arabia. Leading organizations are choosing KAFD for its integrated design, sustainability, and seamless blend of business and lifestyle. The opening of Istituto Marangoni extends this formula to the Kingdom\u2019s creative economy, reinforcing KAFD\u2019s role as a catalyst for innovation and cultural exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"
The King Abdullah Financial District Development and Management Company (KAFD DMC) today announced the official opening of Istituto Marangoni\u2019s new campus at the Riyadh Creative District (RCD) in KAFD, further cementing the district\u2019s position as the leading destination for top talent and world-class institutions. In line with Saudi Arabia\u2019s transformation under Vision 2030, KAFD continues …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2189],"class_list":["post-79691","post","type-post","status-publish","format-standard","hentry","category-news","tag-kafd-dmc"],"yoast_head":"\n