DIRIYAH DESIGNATED AS PIF’S FIFTH GIGA PROJECT

SAUDI ARABIA’S CROWN PRINCE, Prime Minister and Chairman of the Public Investment Fund (PIF), Mohammad bin Salman bin Abdulaziz, has designated Diriyah in Riyadh as PIF’s fifth giga project. Diriyah is a US$63.2 billion mixed-use development and features the UNESCO World Heritage site of the mud-brickwalled At-Turaif District. PIF is the country’s sovereign wealth fund and the other Saudi giga projects in its portfolio include Neom, Red Sea, Qiddiya and Roshn.

In December, Diriyah became the first of the five giga projects to open up the initial phase of its development. That came by way of its 15,000 sqm luxury dining destination of Bujairi Terrace (pictured here). There are a total of 20 restaurants that have opened initially in Bujairi Terrace which range from Michelin-starred restaurants and homegrown brands to all-day cafès and casual-premium o erings.