PIF forms Gulf Coast developer for Al-Khafji
Arabian Post Staff -Dubai Saudi Arabia’s Public Investment Fund has launched Gulf Coast Development Company to build an integrated residential and tourism destination on the Al-Khafji coast in the Eastern Province, extending a new phase of state-backed urban development to the kingdom’s northern Gulf shoreline. The project will cover about 20 square kilometres and include a 10-kilometre…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.