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The Gulf Tape

Sovereign Wealth & PIF

  1. PIF-Backed Expo 2030 Riyadh Signs SAR3.2bn ($853m) JV

    Sovereign Wealth & PIFExpo 2030 Riyadh, the Public Investment Fund-owned entity delivering the 2030 World Expo, and Mohammed Al Habib Real Estate Company signed a SAR3.2 billion ($853 million) joint venture on September 14, 2026, to build Expo Village — nearly 2,300 apartments for about 5,500 residents, designed to convert into permanent Riyadh housing once the event closes.
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