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Press Release | 12 February 2026
New Murabba Showcases Delivery Progress and Private-Sector Pathways at PIF Private Sector Forum
New Murabba, a Public Investment Fund Company, was proud to participate in the PIF Private Sector Forum, held in Riyadh at the King Abdulaziz International Conference Center. As one of the Kingdom’s most significant platforms for enabling collaboration between PIF entities and the private sector, the Forum convened leading developers, investors, operators, and global experts to explore partnerships that accelerate delivery.
During the event, New Murabba took part in high-level discussions and strategic engagements focused on structured investment pathways, highlighting how Riyadh’s new downtown is progressing from vision to delivery. New Murabba engaged with investors and participated in several panel discussions focused on urban development, livability and renewable energy ecosystems providing clarity on how private-sector partners can engage in the next phase of the destination’s development.
At the center of New Murabba’s participation was its commitment to a disciplined delivery model that creates well-defined entry points for private-sector collaborators. Built around a human-centric masterplan and anchored by next-generation community clusters, the destination is designed as a 15-minute downtown where culture, mobility, commerce, and daily life sit within seamless proximity. This framework underpins New Murabba’s approach to opening opportunities through structured joint ventures, co-development models, and phased investment themes aligned with PIF’s long-term urban vision.
Michael Dyke, CEO of New Murabba, said: “The PIF Private Sector Forum highlights how New Murabba is transitioning decisively into delivery. Our goal is to provide partners with clear, investable pathways grounded in discipline, governance, and long-term value creation. As Riyadh’s future downtown continues to take shape, we see tremendous opportunity for the private sector to join us in building a destination that will define how cities are designed, experienced, and lived in for generations to come.”
New Murabba’s participation further highlighted its alignment with PIF’s broader goal of driving new engines of economic growth. Through the Forum’s curated sessions, including those focused on key strategic themes, New Murabba reaffirmed its position as a central contributor to the urban development, livability, and renewable energy ecosystems.
The Forum marked an important milestone in the destination’s delivery journey, strengthening engagement with qualified investors and advancing discussions around upcoming partnership models. As New Murabba prepares for its next phase, the program continues to prioritize governance excellence, sustainability, human-centric design, and structured collaboration with world-class partners.
During the event, New Murabba took part in high-level discussions and strategic engagements focused on structured investment pathways, highlighting how Riyadh’s new downtown is progressing from vision to delivery. New Murabba engaged with investors and participated in several panel discussions focused on urban development, livability and renewable energy ecosystems providing clarity on how private-sector partners can engage in the next phase of the destination’s development.
At the center of New Murabba’s participation was its commitment to a disciplined delivery model that creates well-defined entry points for private-sector collaborators. Built around a human-centric masterplan and anchored by next-generation community clusters, the destination is designed as a 15-minute downtown where culture, mobility, commerce, and daily life sit within seamless proximity. This framework underpins New Murabba’s approach to opening opportunities through structured joint ventures, co-development models, and phased investment themes aligned with PIF’s long-term urban vision.
Michael Dyke, CEO of New Murabba, said: “The PIF Private Sector Forum highlights how New Murabba is transitioning decisively into delivery. Our goal is to provide partners with clear, investable pathways grounded in discipline, governance, and long-term value creation. As Riyadh’s future downtown continues to take shape, we see tremendous opportunity for the private sector to join us in building a destination that will define how cities are designed, experienced, and lived in for generations to come.”
New Murabba’s participation further highlighted its alignment with PIF’s broader goal of driving new engines of economic growth. Through the Forum’s curated sessions, including those focused on key strategic themes, New Murabba reaffirmed its position as a central contributor to the urban development, livability, and renewable energy ecosystems.
The Forum marked an important milestone in the destination’s delivery journey, strengthening engagement with qualified investors and advancing discussions around upcoming partnership models. As New Murabba prepares for its next phase, the program continues to prioritize governance excellence, sustainability, human-centric design, and structured collaboration with world-class partners.
