Saudi’s PIF and Samsung C&T partner to develop construction tech and modular housing

A collaboration agreement has been signed by Saudi Arabia’s Public Investment Fund (PIF) and Engineering & Construction Group. The latter is a...

Construction

RSG awards $266mn contract to AL-AYUNI for first phase of development at Amaala

Red Sea Global (RSG) has awarded a US $266.3mn contract to AL-AYUNI Investment and Contracting Company, for the first phase of development...

Financial

PIF and Ma’aden sign JV to establish new entity to invest in global mining assets

Saudi Arabia’s Public Investment Fund (PIF) and the Saudi Arabian Mining Company (Ma’aden) have signed a joint venture (JV) agreement to establish...

Construction

Diriyah to become PIF’s fifth giga-project

His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the Public Investment Fund (PIF) has announced...

Construction

SEVEN partners with Warner Bros. Discovery for entertainment destinations

Public Investment Fund (PIF) owned Saudi Entertainment Ventures (SEVEN) has signed an exclusive partnership agreement with Warner Bros. Discovery, to bring purpose-built...

Construction

PIF subsidiary SEVEN to invest $13.3bn into 21 integrated entertainment destinations in KSA

Saudi Entertainment Ventures (SEVEN) has unveiled plans to invest US $13.3bn into the development of 21 integrated entertainment destinations. The projects are...

Construction

Saudi-based Roshn begins handover of villas and townhouses ahead of schedule

Saudi Public Investment Fund (PIF) owned developer Roshn has begun handing over villas and townhouses within Phase One of its key Sedra...

Financial

Saudi Arabia’s PIF and BlackRock sign MoU to jointly explore Middle East infrastructure projects

Saudi Arabia’s Public Investment Fund (PIF) has signed a non-binding Memorandum of Understanding with global investment company BlackRock to anchor the latter’s...

Construction