AlBawani Holding Company is proud to announce a major investment from the Public Investment Fund (PIF), marking a transformative milestone in the group’s history. This partnership, part of a $1.3 billion collective investment in the Kingdom’s leading construction firms, is designed to scale up AlBawani’s capacity and strengthen its role as a national champion in the building and services sector.
Eng. Fakher AlShawaf, Chairman of AlBawani Holding Company, noted that the partnership presents an exceptional opportunity to transform AlBawani into a leading diversified group in the region. By leveraging PIF’s global reach and expertise, the group aims to adopt the latest construction technologies, enhance local supply chains, and create maximum value for clients and the Saudi economy.
This strategic backing will empower AlBawani to expand its regional and international footprint, ensuring the company remains at the forefront of delivering complex, large-scale projects that define the future of the construction ecosystem.
