Brookfield Anchors $2bn PIF Fund: AEI’s July 2026 Top Ten
Updated: Sep 16
July saw fresh momentum behind Saudi Arabia's investment pipeline, headlined by Brookfield's roughly $2 billion first close of a PIF-anchored Middle East fund alongside an MoU for I Squared Capital to invest up to $2 billion in the PIF portfolio.
Non-oil business activity also hit a four-month high, AlUla opened its next phase to private investors and the Kingdom climbed to 13th in global FDI rankings. Here are AEI Saudi's Top Ten business and investment stories from July 2026.
Brookfield announces approximately $2 billion first close of PIF-anchored Middle East-focused fund. Read more on Brookfield's PIF-anchored fund
Saudi business activity to strengthen in Q3 2026 as domestic demand stays resilient. Read more on the Q3 2026 business outlook
Saudi Arabia’s non-oil business activity hits highest in four months despite export slump. Read more on Saudi non-oil business activity
PIF and I Squared Capital sign MoU for up to $2 billion investment into the PIF portfolio. Read more on the PIF and I Squared Capital MoU
Construction of Saudi’s first entertainment business park completed. Read more on the entertainment business park
AlUla giga-project opens next phase to PPP investors. Read more on AlUla's PPP opportunities
Saudi startups: Latest funding rounds, trends and news. See the latest Saudi startup funding data
Qiwa announces firms cannot change commercial activities if nationality diversity rules are breached. Read more on Qiwa's nationality diversity rules
KSA invests $17 million to expand Jeddah Islamic Port capacity. Read more on the Jeddah Islamic Port expansion
Saudi rises to 13th globally in FDI Investment Rankings in 2026. Read more on Saudi Arabia's FDI ranking
July's activity points in a clear direction: global asset managers are putting serious capital alongside PIF, and opportunity is spreading into tourism, leisure, logistics and the startup scene. For international investors and operators, the Kingdom's pull keeps getting stronger.
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