A Saudi Arabian investment firm has acquired a 49% stake in Jabali Towers, a prominent mixed-use development within Tatu City Special Economic Zone. This significant investment highlights the strong recovery of Kenya's construction industry.

• The deal involves the Saudi firm's Kenyan subsidiary owning 50% minus one share in the project company.
• Key entities include the Saudi investment firm, Jabali Towers, and Tatu City developer.
• Jabali Towers features two residential towers and is scheduled to open in 2028, with apartments starting at Ksh10.2 million.