New Murabba

Construction & Real Estate

Eviq in deal to set up EV charging infrastructure within New Murabba

Tue, 03 Mar 2026

New Murabba Development Company, a wholly-owned subsidiary of Saudi Arabia's sovereign wealth fund PIF, has signed a strategic agreement with Electric Vehicle Infrastructure Company (Eviq) for deployment of EV charging infrastructure across key assets within its giga project - New Murabba.

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

New Murabba seals agreement with US Green Building Council

Thu, 04 Dec 2025

New Murabba, a major developer powered by Saudi sovereign wealth fund PIF, has signed an agreement with the US Green Building Council to advance sustainable design and next-generation green building practices across Riyadh’s new downtown.​

Construction & Real Estate

New Murabba signs strategic deal with Saudi housing ministry

Mon, 22 Dec 2025

New Murabba, a unit of Saudi wealth fund PIF, has signed a strategic agreement with the Ministry of Municipalities and Housing to jointly work on streamlining development processes, implementation of smart city standards as well as enhancing the quality of life for residents.

Travel, Tourism & Hospitality

New Murabba is visionary partner of TOURISE 2025

Sun, 26 Oct 2025

New Murabba, a Saudi Public Investment Fund company, has announced its sponsorship as Visionary Partner of TOURISE 2025, a platform shaping a new horizon for global tourism.

Construction & Real Estate

New Murabba issues RoI for Mukaab towers fit-out solutions: report

Wed, 28 Jan 2026

Saudi Arabia's New Murabba Development Company (NMDC), a wholly-owned subsidiary of the Public Investment Fund, has issued a request for information notice to test the market for modular and offsite fit-out solutions for the towers encompassing the Mukaab development, according to a MEED report.

Construction & Real Estate

New Murabba signs MoU with Industry Ministry to enhance local content

Thu, 22 Jan 2026

New Murabba, a Public Investment Fund company, has signed a memorandum of understanding (MoU) with Saudi Arabia's Ministry of Industry and Mineral Resources to explore the strengthening of local content, expand national supply chains, and enhance industrial collaboration across one of the Kingdom’s most ambitious urban developments.

Construction & Real Estate

Parsons lands New Murabba infrastructure lead design consultancy contract

Tue, 13 Jan 2026

Parsons Corporation has secured the infrastructure lead design consultancy contract from Saudi PIF-owned New Murabba Development Company for its mega project in the kingdom. The scope of work includes provision of design and construction technical support for New Murabba project.