Pif

Construction & Real Estate

ROSHN Group launches non-profit to champion sustainable social development

Wed, 06 May 2026

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has launched the ROSHN Foundation, a non-profit entity dedicated to operating and managing and developing sustainable services and public amenities.

Finance & Capital Market

Gulf wealth funds to back Paramount takeover of Warner Bros: WSJ

Mon, 06 Apr 2026

Paramount Skydance ​is in talks to secure equity commitments ‌of almost $24 billion from three sovereign wealth funds led by Saudi Arabia to back its takeover of Warner Bros Discovery, ​the Wall Street Journal has reported.

Construction & Real Estate

Roshn, Dawiyat in deal to develop telecom infrastructure at Saudi community

Sat, 25 Apr 2026

Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran.

Industry, Logistics & Shipping

Advanced manufacturing a key focus area for PIF: Governor

Thu, 16 Apr 2026

One of the key investment areas under Saudi Public Investment fund's new 2026-2030 strategy is the Advanced Manufacturing and Innovation ecosystem.

Construction & Real Estate

NEOM initiatives will be rolled out in stages, focus on Oxagon now: PIF Governor

Thu, 16 Apr 2026

Saudi Arabia's Public Investment Fund (PIF) Governor Yasir Al-Rumayyan said NEOM projects are presently being restructured to achieve higher economic efficiency and long‑term financial sustainability.

Finance & Capital Market

PIF launches 2026-2030 strategy; focus on six integrated ecosystems

Thu, 16 Apr 2026

Saudi Arabia's Public Investment Fund (PIF) has approved its 2026-2030 strategy which focuses on transforming PIF’s portfolio of 13 strategic sectors into six integrated economic ecosystems, strengthening the linkages among them and creating a broader spectrum of partnership and investment opportunities for the private sector.

Construction & Real Estate

Cenomi Centres in deal to operate flagship retail destination in Al Khobar

Wed, 01 Apr 2026

Cenomi Centres, a leading developer of contemporary lifestyle destinations in Saudi Arabia, said it has signed an agreement with Saudi Downtown Company, a unit of the kingdom's sovereign wealth fund PIF, for the leasing and operation of its new flagship destination in the city of Al Khobar.

Lifestyle

Aroya Cruises debuts Arabian Gulf Voyages for 2026

Sun, 08 Feb 2026

Aroya Cruises, a subsidiary of PIF-owned Cruise Saudi, has officially launched its inaugural season in the Arabian Gulf. Running from February 21 to May 8, the season marks a milestone in regional tourism by blending authentic Saudi hospitality with global maritime standards.

Motoring

Lucid delivers over 15,000 vehicles in 2025, up 55%

Thu, 26 Feb 2026

Lucid Group, maker of advanced electric vehicles, delivered 15,841 vehicles in 2025, up 55% compared to full year 2024. Lucid, which is majority-owned by Saudi Arabia’s Public Investment Fund, said the production nearly doubled year over year.

Construction & Real Estate

Roshn inks $293m deal to develop Sedra community plot

Wed, 18 Feb 2026

Roshn Group, Saudi Arabia's leading developer powered by sovereign wealth fund PIF, has signed a SAR1.1 billion ($293 million) agreement with Arabian Dyar, a pioneering real estate group in the kingdom, for the development of a 55,000 sq m land plot within the Sedra community in Riyadh.