Concluded New Square Development Company —a subsidiary of the Public Investment Fund—concluded its participation in the Saudi-American Investment Forum and the Media Oasis accompanying the forum, both of which were held in Riyadh on May 13 and 14, coinciding with U.S. President Donald Trump’s visit to the Kingdom.

Through its booth at the accompanying exhibition, New Square provided a glimpse of Riyadh’s new modern downtown, which combines modernity, sustainability, and smart technologies, This participation is part of The New Square’s vision to strengthen its global standing, highlight investment opportunities available in the world’s newest destination, explore opportunities for cooperation, and underscore the importance of international partnerships and the transfer of global expertise to the Saudi market.

Michael Dike, CEO of The New Square, explained that the company presented to investors from the United States the New Square destination and the investment opportunities it offers through the creation of a modern downtown in the Kingdom featuring landmarks such as The Cube, inspired by Salmani architecture, and a sports stadium inspired by the local talh tree, with a capacity of more than 45,000 seats, which is planned to host matches for the 2034 FIFA World Cup.“

He said: ”The New Square’s participation in the forum and Media Oasis underscores our contributions to driving progress and development in the Kingdom by building inspiring projects that enhance the Kingdom’s status as a global destination, and our commitment to applying the highest sustainability standards by adopting eco-friendly materials that preserve nature and align with global environmental practices.”