Money and business in the Middle East.

Real estate and tourism

Qiddiya City

Saudi Arabia · Under construction

Qiddiya City is an entertainment, sports and culture development on the edge of Riyadh, developed by Qiddiya Investment Company, a PIF company. Six Flags Qiddiya City opened on 31 December 2025 and the Aquarabia water park on 23 April 2026, while the Prince Mohammed bin Salman Stadium, a performing arts centre and a motorsport circuit are under construction.

qiddiya.com ↗

Owner
Qiddiya Investment Company (PIF)
Location
Riyadh, Saudi Arabia
Announced
7 April 2017
Expected
Completion in 2035
Status checked
27 Sep 2026

Verified · updated 25 Oct 2026

Key facts

SAR 5.2 bn

Awarded contract

Source's USD equivalent: $1.4bn

MEED· Tier 2 · reputable press·Awarded Oct 2025 (as printed in SAR)(estimate)·source dated 8 Oct 2025·updated 25 Oct 2026·About this indicator

Ownership and relationships

Related news

Major projects · Saudi Arabia

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Sources

  1. MEED · meed.com · Tier 2 · reputable press