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New Murabba Development Company is a real estate development firm owned by the Saudi Public Investment Fund. It was established in 2023 to develop the world's largest modern downtown in Riyadh City. Objectives of the New Murabba Development Company New Murabba Development Company was launched with the aim of developing real estate and local infrastructure projects, diversifying sources of local economic income, empowering the private sector, and increasing the volume of local content. It a...
Boutique Group is a hospitality company owned by the public investment Fund (PIF) . His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Council for Economic and Development Affairs, and Chairman of the Public Investment Fund (PIF) announced its launch on 20 January 2022. Responsibilities of Boutique Group Boutique Group renovates historical and cultural palaces and converts them into properties that deliver a rich experience ...
Saudi Research and Media Group is a Saudi joint-stock company listed on the Saudi Stock Exchange, 'Saudi Tadawul' . It was established as a joint-stock company in 2000. It is one of the integrated media groups in the Middle East and North Africa region, headquartered in the capital, Riyadh . Its shares were listed on the main market platform on May 15, 2006, trading in the media and entertainment sector under the name (SRMG), symbol (4210), and International Securities Identification ...
The Saudi Mobile Telecommunication Company , known as 'Zain KSA,' is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul.' It was established in 2008, with its headquarters in the capital, Riyadh. It is a communications operator and integrated digital service provider covering communications, fifth-generation (5G) network, digital payments, cloud computing, Internet of Things solutions, fiber optic services, drones, and more. It was listed on the &#...
Etihad Etisalat (Mobily) is a Saudi joint-stock company listed on the Saudi Exchange (Saudi Tadawul). Its trading name is 'Etihad Etisalat', its code is (7020), and its ISIN is (SA000A0DM9P2). Its shares are listed on the main market within the telecommunications sector, with a capital of SAR7.7 billion. It was founded on December 14, 2004, and was listed on ' Saudi Tadawul' on December 20, 2004. Its headquarters is located in the capital, Riyadh. History of Etihad Etisalat ...
Saudi Telecommunication Company, referred to as STC, is a Saudi joint stock company listed on the Saudi stock market (Saudi Tadawul), operating in the field of telecommunication and information technology services. Its headquarters is located in the capital, Riyadh. 1 Its shares are traded on the main platform of the main stock market within the telecommunications sector, under the symbol (7010), name (STC), ISIN (SA0007879543). The company's capital amounts to SAR50 billion, according to ...
The Saudi Coffee Company is a subsidiary of the Public Investment Fund (PIF). It supports local production of Arabica coffee and aims to highlight the Kingdom of Saudi Arabia as a main home of this type of coffee, which is one of the most renowned worldwide. 1 2 Establishment of the Saudi Coffee Company The Saudi Coffee Company was established on May 15, 2022, in line with the PIF's strategy focusing on local investment in new sectors. Supporting coffee is part of the Kingdom's effort...
The Saudi Venture Capital Company (SVC) is a government company established in 2018 by the Small and Medium Enterprises General Authority (Monsha'at) as part of the Private Sector Stimulus Program to develop the venture investment system in the Kingdom with a capital of SAR 2.8 billion. Investment in funds The company stimulates venture investment through two main programs: first, investing in funds, to stimulate the establishment of funds that invest in start-ups and SMEs in their various...
Cruise Saudi is a Saudi company specializing in organizing cruises to local and regional destinations. In 2021, the first cruise ship terminal was opened at Jeddah Islamic Port. Cruise Saudi establishment The establishment of Cruise Saudi was announced in 2021. The first cruise was launched by a giant ship that sailed from the Kingdom of Saudi Arabia to local and regional destinations in July 2021. By 2025, the cruise ship terminal is expected to create around fifty thousand job opportunities. ...
Jeddah Central Development Company (JCDC) is a government company established in 2019 in the Kingdom of Saudi Arabia . It is wholly owned by the Public Investment Fund (PIF) , and it supervises the development and operation of the Jeddah Central Project , which overlooks the Red Sea coast, reinforcing the Kingdom's position as a tourist country and creating a world-renowned destination at the heart of Jeddah Province . Establishment of the Jeddah Central Development Company The JCDC is c...
The National Housing Company (NHC) is a real estate development and investment company in the residential and real estate sectors. The company was established in 2016, as the investment arm of the initiatives and programs of the Ministry of Municipalities and Housing in the Kingdom of Saudi Arabia. In 2020, after its business grew, the company's ownership was transferred to the state. On November 11, 2024, the company released its new identity under the name NHC. NHC seeks to become one...
The Energy and Water Company 'ENOWA', a subsidiary of NEOM, was launched on March 21, 2022, to establish a leading structure for water and sustainable energy systems globally, 100 percent powered by renewable energy. Objectives of the Energy and Water Company 'ENOWA' Through the Energy and Water Company 'ENOWA', the NEOM project aims to underscore that all NEOM facilities are 100 percent powered by renewables. The project is the first of its kind to support these s...
