Global Infrastructure SherpaNew Murabba Development Company (NMDC)
Riyadh-based urban development company established by Saudi Arabia's Public Investment Fund (PIF) to develop the New Murabba, a new downtown district in Riyadh. The project aims to create the world's largest modern downtown, featuring a mixed-use development with residential, commercial, cultural, and entertainment facilities, with an estimated project value in the hundreds of billions of USD.
Get alerts when new deals involving New Murabba Development Company (NMDC) are announced — free, no spam.
Urban Development CompanyDeveloper
Strategic Overview
- Aims to create the world's largest modern downtown in Riyadh, covering 19 square kilometers.
- Focuses on sustainability, incorporating green spaces and walking/cycling paths.
- Will feature 'The Mukaab', an iconic cube-shaped skyscraper, as a key landmark.
- Designed to contribute SAR 180 billion (approx. $48 billion USD) to Saudi Arabia's non-oil GDP by 2030.
- Part of Saudi Arabia's Vision 2030 to diversify the economy and create new global destinations.
Subscribe to access strategic analysis, deal history, and investment focus.
Subscribe from €20/mo →Key People
HRH Crown Prince Mohammed bin Salman
Chairman
Michael Dyke
CEO
Track Record
1
Deals Completed
1
Years Active
$B500B
Total Value
Notable projects: The New Murabba Project
Detailed Analysis
Sectors
Geographies
Deal Stage
Access the complete profile — deal history, track record, and investment analysis.
Subscribe from €20/mo →