Qiddiya
Riyadh, Saudi ArabiaMaster-planned CommunityUnder development
A PIF-owned giga-project outside Riyadh focused on entertainment, sports, and cultural destinations.
Founded
2017
Status
Under development
Operating entity
Qiddiya Investment Company (QIC) — closed JSC, wholly owned by PIF (incorporated May 10, 2018)Saudi Arabia[src]
Total funding
$40B
Population
— / 600,000current / target
Founders & Leadership
- Abdullah Aldawood[src]
CEO & MD
- Mohammed bin Salman
Ultimate Chairman via PIF
Funding
Total raised: $40B
Project total $40B+ per Blackridge; aim to capture SAR 86B annual outbound spend.
Investors
How to join
Job applications (Qiddiya careers)
JobTenant / business operating
TenantResidential post-2025
Residency
Goals
Capital of Entertainment, Sports & Arts; 334–376 sq km; Six Flags Qiddiya City opened Dec 31, 2025; F1 circuit; Aquarabia waterpark.
- Target population — 600,000
Press
Official channels
Unverified or unconfirmed
founders.twitter (Aldawood personal). Have a correction? →