Pif

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 Retail & Wholesale

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 Travel, Tourism & Hospitality

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.

Energy, Oil & Gas Industry, Logistics & Shipping

SABIC to supply raw materials for production of 3.5m tyres to PIF-Pirelli JV

Mon, 16 Feb 2026

The Saudi Basic Industries Corporation (SABIC) has signed an agreement with the joint venture between the Public Investment Fund (PIF) and Pirelli, for the supply of polybutadiene rubber and carbon black for the production of 3.5 million tyres annually.

Construction & Real Estate

New Murabba highlights investment pathways for private sector

Thu, 12 Feb 2026

New Murabba, a Public Investment Fund (PIF) company, highlighted the progress of Riyadh’s new downtown from vision to delivery at the PIF Private Sector Forum, held in Riyadh.

Construction & Real Estate

Riyadh's King Salman International Airport signs 7 mixed-use projects deals

Wed, 11 Feb 2026

King Salman International Airport, a Public Investment Fund (PIF) company, has signed seven memoranda of understanding (MoUs) and cooperation agreements with a group of leading national real estate companies to develop a portfolio of mixed-use real-estate projects within its boundaries in Riyadh.