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Al-Olaya ( ar, حي العليا, ḥaī al-ʿulāyā), also spelled as al-`Ulaya, is a growing 
financial district
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies and other related finance corporations have their head offices. In major cities, financial districts are often home to s ...
mostly in the sub-municipality of its namesake, Baladiyah al-Ulaya, and partially in Baladiyah al-Malaz and Baladiyah al-Ma'dher in Riyadh
Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the R ...
, Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
.
Located on the north side of the city, it hosts sites and local landmarks, such as the Kingdom Centre
Kingdom Centre (Arabic: مركز المملكة) is a 41- story, skyscraper in Riyadh, Saudi Arabia. When completed in 2002, it overtook the Faisaliyah Tower as the tallest tower in Saudi Arabia. It has since been surpassed and, , is the fift ...
, which houses the Four Seasons luxury hotel. It will also contain Al Rajhi Tower
Al Rajhi Tower (Arabic: برج الراجحي) is a $500 million USD tower currently proposed for Riyadh, Saudi Arabia. Designs for the sail-shaped tower have been drawn up by architects at Atkins. The tower is being built on behalf of the Al Raj ...
, which, upon its completion, will be the tallest building in Saudi Arabia.
Landmarks
The following are local landmarks: *Kingdom Centre
Kingdom Centre (Arabic: مركز المملكة) is a 41- story, skyscraper in Riyadh, Saudi Arabia. When completed in 2002, it overtook the Faisaliyah Tower as the tallest tower in Saudi Arabia. It has since been surpassed and, , is the fift ...
, the second tallest building in Saudi Arabia. It was opened in late 2001 with a height of 302m.
* Al Faisaliyah Center
The Al Faisaliyah Centre (or Al Faisaliah Centre, ar, برج الفيصلية) is a commercial skyscraper and mixed-use complex located in the business district of Riyadh, Saudi Arabia. The 267-metre-high office tower, the centrepiece of the Fo ...
, the first skyscraper in Saudi Arabia.
* King Faisal Foundation
The King Faisal Foundation ( ar, مؤسسة الملك فيصل الخيرية; ''KFF''), is an international philanthropic organization established in 1976 with the intent of preserving and perpetuating King Faisal bin Abdulaziz's legacy. The fo ...
, a charity foundation.
* Dr. Sulaiman Al Habib Medical Group, health care provider in the Kingdom of Saudi Arabia.
* Najd National Schools
Najd National Schools ( ar, مدارس نجد الأهلية) is one of the main educational institutions located in Riyadh, Saudi Arabia. It is in the northern part of the capital, Riyadh, and is built in a very prominent part of the city; betwe ...
, a private school founded in 1983.
Future projects
The following projects are planned: *Al Rajhi Tower
Al Rajhi Tower (Arabic: برج الراجحي) is a $500 million USD tower currently proposed for Riyadh, Saudi Arabia. Designs for the sail-shaped tower have been drawn up by architects at Atkins. The tower is being built on behalf of the Al Raj ...
, which was planned to be the tallest building in Saudi Arabia. Overtook by Abraj Al Bait Hotel Tower in Makkah
Mecca (; officially Makkah al-Mukarramah, commonly shortened to Makkah ()) is a city and administrative center of the Mecca Province of Saudi Arabia, and the holiest city in Islam. It is inland from Jeddah on the Red Sea, in a narrow va ...
.
* Jewel of Saudia.
* Riyadh Monorail, which will pass over the Olaya District when the project is completed.
References
Neighbourhoods in Riyadh Economy of Riyadh Central business districts {{SaudiArabia-geo-stub