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EconomySaudi PIF launches firm to develop tourism, residential area on Gulf coast

Saudi Arabia’s Public Investment Fund said on Monday it had launched a real estate company to develop tourism and residential projects along the Al-Khafji coastline on the Gulf, as the sovereign wealth fund commits billions of dollars to infrastructure projects.

Saudi ArabiaPublic Investment Fundtourism development

RReuters★★★☆☆2026-09-07 16:30Original

Saudi PIF launches firm to develop tourism, residential area on Gulf coast
Saudi PIF launches firm to develop tourism, residential area on Gulf coastEconomy