PIF-backed Umm Al Qura proceeds with IPO for $26 billion Masar project
4 February 2025
Saudi developer Umm Al Qura, backed by the Public Investment Fund (PIF), is proceeding with an IPO to support the $26 billion Masar project in Makkah.
The development aims to enhance infrastructure and urban development in the holy city.
Read the original article: Arabian Business