The King Abdullah Financial District (KAFD) is being built in Riyadh, Saudi Arabia. It will have the Saudi Stock Exchange and Capital Market Authority. The KAFD will be an important financial center in the Middle East. However, KAFD will not only be a financial center. It will have areas where people live, offices, and educational and recreational facilities. The King Abdullah Financial District is estimated to be worth about $7.8 billion (US). 