THE EXECUTIVE CENTRE ANNOUNCES THE OPENING OF NEW CENTRE 2.08 AT KING ABDULLAH FINANCIAL DISTRICT

The standalone building that spans approximately 9,500 sq. mts. complements centre 3.09

Riyadh, Saudi Arabia, May 7, 2026: The Executive Centre (TEC), a premium flexible workspace provider, today announced the launch of its newest centre, KAFD 2.08, located in the heart of the King Abdullah Financial District (KAFD), Riyadh. Marking a significant milestone in TEC’s Middle East expansion, the centre reinforces the company’s commitment to supporting Saudi Arabia’s Vision 2030 by delivering enterprise-grade, future-ready workspaces. Offering a larger space with extensive amenities, KAFD 2.08 complements the existing KAFD 3.09 building (opened Aug 2025), a convenient, high-occupancy centre designed for immediate access in a prime location.

Spanning approximately 9,500 square metres, Centre 2.08 is uniquely positioned as a fully integrated, five-storey workspace environment, with TEC occupying the entire building. Multiple floors are dedicated to premium flexible workspace solutions for clients, each designed to offer a distinct atmosphere from vibrant social engagement and collaborative zones to quiet concentration and elevated wellness amenities. The third floor is a fully managed office with private offices and enterprise solutions for performance and growth leased to a leading enterprise client, reflecting the growing demand for bespoke, large-scale workspace solutions.

Setting a new benchmark in Riyadh’s flexible workspace landscape, the centre also introduces a range of first-in-Riyadh, lifestyle-led amenities, including an outdoor padel court and TEC’s signature Atlas House café, both located on the fifth floor, integrating sport, wellness, and curated F&B into the workplace experience. Complemented by thoughtfully designed communal areas, hospitality-driven services, and wellness-centric elements, Centre 2.08 redefines the traditional office into a dynamic, experience-led environment that prioritises productivity, well-being, and connection.

Designed to meet the evolving needs of global enterprises, the centre offers a comprehensive mix of private offices, collaborative coworking areas, meeting and event spaces, and private phone booths, all delivered within a seamless, technology-enabled ecosystem. TEC’s signature modular design ensures scalability and customisation, allowing businesses to adapt quickly in a dynamic market environment.

Located within KAFD, the world’s largest LEED Platinum-certified mixed-use business district and the Kingdom’s first vertical city, the centre offers unparalleled access to a vibrant ecosystem of multinational corporations, financial institutions, luxury residences, and premium retail and dining destinations. With its advanced digital infrastructure and integrated urban planning, KAFD provides an ideal environment for businesses seeking a strategic foothold in Saudi Arabia.

Paul Salnikoff, Managing Director and Chief Executive Officer, The Executive Centre said: “Building on the success of our first centre, our newest centre at 2.08 at KAFD is a defining statement of our long-term commitment to the Kingdom. By taking up an entire five-storey building, we are not just expanding our footprint, we are reimagining how workspace, hospitality, and lifestyle converge. As the first premium flexible workspace provider in Riyadh to introduce lifestyle-led amenities such as an outdoor padel court alongside our signature Atlas House café, we are setting a new benchmark for what organisations should expect from the modern workplace. With enterprise-grade infrastructure and a strong focus on experience, this centre reflects the future of work in the region. As Saudi Arabia accelerates its transformation under Vision 2030, TEC is proud to be enabling businesses with the agility, scale, and experience they need to grow with confidence.”

Today, TEC Group operates across 38 cities in 15 markets, supporting businesses at every stage of expansion. Over the past three decades, TEC has built a reputation as a trusted partner to multinational corporations and growth-focused enterprises, delivering premium work environments backed by consistent service, operational excellence, and global scale.

Press Enquiries:

Neha Verma – Director, Corporate Communication & PR, South Asia, South-East Asia & Middle East

Neha_verma@executivecentre.com / +91 7337773344

About The Executive Centre Group:

The Executive Centre (TEC) is a premium flexible workspace provider, opened its doors in

Hong Kong in 1994 and has over 260+ Centres in 38 cities and 15 markets*.

The Executive Centre caters to professionals and industry leaders. TEC has a global network

spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and

Australia. Each Executive Centre offers a prestigious address with the advanced infrastructure

to meet the needs of its Members.

Privately owned and headquartered in Hong Kong, TEC provides Private and Shared

Workspaces, Business Services, and Meeting & Events facilities to suit its clients’ business’

needs.

For more information please visit www.executivecentre.com

* As of December 2025, including operational and committed centres

About KAFD:

Situated in the Saudi capital, Riyadh, KAFD is an iconic destination that merges the worlds of business and lifestyle in a digitally integrated and sustainable ecosystem, transforming the way contemporary communities live, work, and play. The destination is owned and managed by King Abdullah Financial District Development and Management Company (KAFD DMC), which was established in 2018 and is a PIF Company.

With a vision to build a dynamic city of tomorrow, the Kingdom’s first vertical city solution, spanning 1.6 million square meters with 95 buildings designed by 25 world-leading architectural firms, has not only shaped the skyline of Riyadh but also transformed the city’s economic landscape and redefined the essence of urban living. It is the world’s largest LEED platinum-certified business and lifestyle district, epitomizing Saudi Arabia’s vision for economic diversification, quality of life, and sustainable development.