Saudi PIF to invest $266bn into new projects by 2025

Saudi Public Investment Fund (PIF), the Kingdom’s sovereign wealth fund, has revealed plans to invest up to $266 billion into new projects...

Consultant

Saudi Arabia’s PIF announces new tourism project on offshore platforms

‘The Rig’ has been announced by Saudi Arabia’s Public Investment Fund (PIF). The project is billed as the world’s first tourism destination...

Consultant

AS&H and Clifford Chance advise on PIF capital increase in EEC

Abuhimed Alsheikh Alhagbani Law Firm (AS&H), the Saudi-based law firm, has said that it has played a major role in helping the...

Consultant

ACWA Power announces financial close for 1500MW Sudair solar plant

ACWA Power, the developer, investor and operator of power generation and desalinated water plants, has announced the financial close for the 1500...

Consultant

Saudi authorities exploring potential for new airport in Riyadh

Saudi Arabia is exploring plans to build a new airport in the capital city of Riyadh, a report by Bloomberg has stated....

Consultant

Crown Prince sets target for Kingdom to build one million residential units in five years

An ambitious target to build one million affordable residential units over the next five years through developer Roshn, has been set by...

Construction

Binyah wins $28mn contract for Entertainment Complex project outside Riyadh

Saudi Real Estate Infrastructure Company (Binyah), a company owned by Saudi Real Estate Company (Al Akaria), has secured a preparatory work contract...

Construction

Handover of first homes in flagship project expected in early 2022, says developer Roshn

Saudi-based developer Roshn has announced that it will begin off-plan sales of its flagship project in Riyadh by the middle of 2021,...

Consultant

Soudah Development Company launched in Asir region of Saudi Arabia

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, and Chairman of the Public Investment...

Construction

PIF says construction contracts in excess of $2.1bn have been awarded

Construction works contracts in excess of $2.1bn have been awarded for the King Abdullah Financial District (KAFD) by Saudi Arabia’s Public Investment...