Riyadh - SPA
New Murabba Showcases Visionary Development, Investment Prospects at PIF Private Sector Forum

New Murabba, a Public Investment Fund (PIF) company, participated in the PIF Private Sector Forum on February 12-13 at the King Abdul Aziz International Conference Center in Riyadh, reinforcing its commitment to fostering a thriving private sector and driving economic growth in line with Saudi Arabia's Vision 2030.

 In a press release issued today, the forum served as a strategic platform for New Murabba to connect with potential partners and investors, highlighting its development progress and showcasing the vast opportunities for collaboration.

 At the event, New Murabba's Chief Development Officer Carl Schibrowski discussed the diverse range of real estate options offered by the company, including residential, commercial, hospitality, retail, and entertainment properties. He also highlighted the significant potential for long- term partnerships, allowing private sector entities to leverage their expertise in specific areas.

 Furthermore, Chief Financial Officer Tareq Almusharaf participated in the panel discussion titled “Real Estate Market Enablers," where he explained how leveraging financial and operational resources can drive project efficiency and create impact. Almusharaf also highlighted the importance of establishing clear risk-sharing mechanisms and fostering transparency throughout the destination lifecycle.

 He stated that the PIF Private Sector Forum was "an invaluable opportunity to engage with potential partners and showcase the incredible progress we have made on New Murabba. We believe that through strategic collaborations, we can unlock the full potential of this development and create a truly exceptional destination that will benefit generations to come."

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