Saudi PIF Urges Wealthy Families To Invest

Saudi Arabia’s Public Investment Fund asked the kingdom’s richest families on Jan. 27, 2026 to invest more in domestic projects and partner with foreign investors as officials reassess or cancel major mega-projects. The request follows suspensions or redesigns of Neom, the Mukaab and Trojena and signals a pivot toward commercially viable sectors like mining, tourism and data centres. The move aims to fill financing gaps amid oil revenue constraints.