Saudi PIF launches real estate firm for Gulf tourism development
Saudi Arabia’s Public Investment Fund (PIF) said it launched a real estate company to develop tourism on the Al-Khafji coastline on the Gulf, as it invests in infrastructure projects.
Saudi Arabia's Public Investment Fund (PIF) said on Monday it has launched a real estate company to develop tourism on the Al-Khafji coastline on the Gulf, as the sovereign wealth fund pours billions of dollars into infrastructure projects.