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العربية

saudi pif 2026

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Saudi PIF Spending Drops 60%: What NEOM, Expo 2030, and FIFA 2034 Reveal About Vision 2030's Pivot

Saudi Arabia's Public Investment Fund has cut construction contract awards from $71 billion in 2024 to approximately $30 billion in 2025 — a 60% decline that marks a strategic pivot, not a retreat. With Expo…

Mar 23, 2026

Saudi Arabia NEOM construction megaproject 2026 PIF infrastructure - Photo by Mumtaz Niazi

Business

PIF Cuts Construction Spending 60%: Saudi Arabia's Megaproject Rethink

Saudi Arabia's Public Investment Fund saw construction contracts collapse from $71 billion in 2024 to $30 billion in…

Mar 19, 2026