{"id":1280,"date":"2023-02-14T12:38:00","date_gmt":"2023-02-14T09:38:00","guid":{"rendered":"https:\/\/albawani.com\/?p=1280"},"modified":"2026-04-27T13:08:06","modified_gmt":"2026-04-27T10:08:06","slug":"albawani-holding-enters-strategic-partnership-with-pif-to-scale-operations-and-enhance-local-capabilities","status":"publish","type":"post","link":"https:\/\/albawani.com\/en\/albawani-holding-enters-strategic-partnership-with-pif-to-scale-operations-and-enhance-local-capabilities\/","title":{"rendered":"Albawani Holding Enters Strategic Partnership with PIF to Scale Operations and Enhance Local Capabilities"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"467\" src=\"https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26-1024x467.png\" alt=\"\" class=\"wp-image-1281\" srcset=\"https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26-1024x467.png 1024w, https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26-300x137.png 300w, https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26-768x350.png 768w, https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26-18x8.png 18w, https:\/\/albawani.com\/wp-content\/uploads\/2026\/04\/image-26.png 1185w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>AlBawani Holding Company<\/strong> is proud to announce a major investment from the <strong>Public Investment Fund (PIF)<\/strong>, marking a transformative milestone in the group\u2019s history. This partnership, part of a $1.3 billion collective investment in the Kingdom&#8217;s leading construction firms, is designed to scale up AlBawani\u2019s capacity and strengthen its role as a national champion in the building and services sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eng. <strong>Fakher AlShawaf<\/strong>, 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\u2019s 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a href=\"https:\/\/www.pif.gov.sa\/en\/news-and-insights\/press-releases\/2023\/construction-services-sector\/\">PIF | PIF Announces Investments in Four Leading Companies in Saudi Arabia\u2019s Construction Services sector | Public Investment Fund<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AlBawani Holding Company is proud to announce a major investment from the Public Investment Fund (PIF), marking a transformative milestone in the group\u2019s history. This partnership, part of a $1.3&#8230;<\/p>\n","protected":false},"author":3,"featured_media":1281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1280","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"_links":{"self":[{"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/posts\/1280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/comments?post=1280"}],"version-history":[{"count":2,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions"}],"predecessor-version":[{"id":1294,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/posts\/1280\/revisions\/1294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/media\/1281"}],"wp:attachment":[{"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/media?parent=1280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/categories?post=1280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/albawani.com\/en\/wp-json\/wp\/v2\/tags?post=1280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}