Public Investment Fund (PIF)

Saudi's PIF launches "Roshn" real estate firm to meet housing demand
Roshn will develop urban neighbourhoods; incorporate latest construction technologies; and enhance citizens' quality of life
AMAALA selects mirage-inspired airport design by Foster + Partners
The airport will feature land art, a mirrored edifice, tailored experiences, and climate-controlled hangars
Saudi's SEVEN reveals plans to expand entertainment offerings
SEVEN has a “structured development plan to build 20 entertainment destinations, 50 cinemas, and two
Saudi's AMAALA gigaproject reveals industry leaders on advisory board
The advisory board – which will meet 2 to 4 times a year – follows
Abu Dhabi-based Tabreed's stake in Saudi Arabian-arm reaches 28%
The Dubai Financial Market-listed firm acquired an additional 8% stake worth $34.4m (SAR129m) in Saudi
PIF's AMAALA incorporates as standalone firm in Saudi Arabia
Once developed, AMAALA will include 2,500 hotel rooms, and more than 800 residential villas, apartments,
Saudi Aramco announces intention to float IPO on Tadawul exchange
World’s largest oil producer’s IPO application has met the legal requirements of the kingdom’s capital
QIC, Samsung ink MoU to collaborate on Qiddiya projects
Deal includes QIC, Samsung C&T collaboration on design, engineering, and construction of Qiddiya’s sports complex

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Construction Week - Issue 767
Sep 01, 2020