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Qiddiya Investment

Develops entertainment, sports, culture complex

Overview

Qiddiya is a development in Saudi Arabia that serves as a destination for entertainment, sports, and culture, with attractions like rides, sports facilities, live performances, and cultural experiences for locals and international visitors. It works by building and running a network of connected attractions and experiences, earning money from ticket sales, sponsorships, partnerships, leases, and investments, and coordinating events year-round. It differentiates itself by tying to Saudi Arabia’s Vision 2030 through government backing, targeting a large domestic market while attracting international travelers, and by its scale and focus on job creation and economic diversification. Its goal is to diversify the economy, create thousands of jobs, improve quality of life for residents and visitors, and promote creativity and leisure as everyday activities.

Significant Headcount Growth

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About Qiddiya Investment

Simplify's Rating
Why Qiddiya Investment is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Government & Public SectorReal EstateEntertainment

Company Size

5,001-10,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Riyadh, Saudi Arabia

Founded

2018

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Simplify's take

What believers are saying

  • UKEF guaranteed $700 million for Six Flags Qiddiya City on September 25, 2026.
  • QIC opened a unified guest support center with upsource on September 8, 2026.
  • The National Golf Club opened October 30, 2026, proving delivery momentum and visitor readiness.

What critics are saying

  • Qiddiya still sought water infrastructure contractors on November 4, 2026, signaling unfinished basics.
  • Phase-one attractions depend on external operators like upsource, Golf Saudi, and Cleveland Clinic.
  • If PIF funding tightens, Qiddiya's giga-project model stalls before mass opening.

What makes Qiddiya Investment unique

  • Qiddiya City bundles Six Flags, Aquarabia, golf, and sports medicine into one destination.
  • PIF-backed Qiddiya signed a €6 billion France project on August 24, 2026.
  • Golf Saudi will operate The National Golf Club under a five-year agreement.

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Benefits

  • Performance Bonus

Growth & Insights and Company News

6 month growth

35%

1 year growth

34%

2 year growth

56%
blooloop
Nov 5th, 2026
Darren Kerr.

Darren Kerr. Darren Kerr connect. Independent executive project director. Darren Kerr is an independent executive project director with nearly four decades of experience in events, live communications and experiential marketing, working across five continents. His career includes agency leadership, executive production, international project management and consultancy, with projects for governments, public-sector organisations and global brands. During his consultancy with Qiddiya City, Kerr led its first exhibition at Cityscape Global 2025 in Riyadh. The exhibition presented the city's masterplan and proposed residential, retail, office, sports, leisure and entertainment developments. He coordinated contributions from teams across the business and external partners, as well as the visitor-facing operation and VIP visits. Kerr also works as a fractional chief experience officer and strategic adviser through The Clear Path Collective, consulting with brands, governments and organisations on experience design, major events and destination development. He previously served as overall project director for the delivery of the United Nations Blue Zone at COP28 in Dubai, working with event management company Identity on its design and live delivery on behalf of the UN and UAE government. Kerr is an expert member of the World Experience Organisation (WXO), has contributed to industry events including London Experience Week, and judges the Eventex Awards.

IndexBox
Oct 29th, 2026
Qiddiya names National Golf Club, appoints Golf Saudi as operator.

Qiddiya names National Golf Club, appoints Golf Saudi as operator. Qiddiya Investment Company, a subsidiary of Saudi Arabia's sovereign wealth fund PIF, has announced that its Sir Nick Faldo signature-designed 18-hole championship course will be officially named The National Golf Club, Qiddiya City, according to TradeArabia. The company also confirmed that Golf Saudi will operate the venue under a five-year management agreement. Under the arrangement, Golf Saudi will oversee golf operations, events, course management and player development, linking The National Golf Club to its national network of facilities, programmes and competitive pathways. The course opens on October 30 and requires no membership. It is positioned as a major international golf destination in the Kingdom for professional and amateur players, newcomers, families, tourists and future Saudi talent. The design is intended to make the sport more accessible from the start. Three six-hole loops allow players to complete a shorter or full round, offering a more approachable experience for beginners while retaining a championship-level challenge. Practice and coaching facilities, beginner-friendly programming and a future academy are intended to widen access to the game. The project supports Qiddiya Investment Company's commitment to the Kingdom's ambition of increasing sports participation and promoting health and wellbeing across society. The National Golf Club is located within Qiddiya City, described as the future capital of entertainment, sports and culture, about 45km from Riyadh. It sits next to the National Tennis Centre, which is under construction, and is set to be surrounded by new homes, offices, hotels, retail and public spaces as part of a new city designed around the concept of play. The course is set beneath the 200-metre high Tuwaiq cliffs, a landscape the developer says few courses worldwide can match. From October 30, players and visitors will have access to a dedicated clubhouse, ahead of a planned 2028 opening of a new iconic clubhouse, a state-of-the-art driving range and an academy designed by Pattersons. Prince Abdulaziz bin Turki Al Faisal, Minister of Sport and President of the Saudi Olympic and Paralympic Committee, indicated that the club reflects progress across the Kingdom's sports sector and contributes to broadening access to sports in line with Saudi Vision 2030. He added that the venue is expected to help grow golf, attract new players, develop Saudi talent and strengthen the Kingdom's readiness to host major international tournaments. Abdullah Aldawood, Managing Director of Qiddiya Investment Company, said the club combines international championship credibility with a design aimed at opening golf to everyone. He noted that Golf Saudi's expertise and reach would help increase participation and encourage more active lifestyles in support of Vision 2030. Noah Alireza, CEO of Golf Saudi, described the club as an addition to Saudi Arabia's golf landscape that pairs a world-class experience with the natural setting of the Tuwaiq Mountains. He said Golf Saudi would apply its experience to maximise the club's impact and that the venue forms part of a broader strategy to build an integrated golf ecosystem across the Kingdom, supporting participation, visitors, investment and tourism. The National Golf Club will also work with the Faldo Series, which provides emerging Saudi talent with a globally recognised pathway for competitive development and regular junior competitions.

GCC Business News
Sep 8th, 2026
QIC, upsource sign deal for Qiddiya City guest support center.

QIC, upsource sign deal for Qiddiya City guest support center. Tue, 8 Sep, 2026 By Anjali Nair S.H, Sr. Desk Reporter * Follow author on Qiddiya Investment Company (QIC) has signed an agreement with upsource by solutions to establish and operate a unified guest support center serving Qiddiya City. The center will provide a central platform for managing guest interactions, supporting visitors before their journey, and throughout their experience at Qiddiya City. Under the agreement, upsource, a business process outsourcing (BPO) and customer experience company, will operate the center and provide comprehensive guest support services. You may like. It will bring communication channels together and provide guests with easier access to information and services. The center will handle guest enquiries and requests through an integrated support model, helping improve response times and the efficiency of services provided. Support across Qiddiya City. The operating model combines upsource's BPO and customer experience expertise with technology to coordinate guest services and respond to inquiries more efficiently. The center will support Qiddiya City's entertainment destinations, including Six Flags Qiddiya City and Aquarabia, the water theme park, as well as future destinations. It will serve as a central contact point for guests seeking information and assistance, covering interactions before their visit and during their experience at the city's destinations. The model is designed to accommodate the expansion of Qiddiya City as new destinations and services are added. QIC and upsource stated that the partnership reflects their focus on developing operating models that can support the city's expanding range of destinations and services while maintaining coordinated guest support. The agreement also contributes to the development of Saudi Arabia's entertainment and tourism sectors in line with the objectives of Saudi Vision 2030.

Al-Yamamah Press Establishment
Sep 6th, 2026
Riyadh Daily

Riyadh daily. Qiddiya Investment Company, Cleveland Clinic establish advisory collaboration to advance Sports Medicine and Performance in Saudi Arabia. Qiddiya Investment Company and Cleveland Clinic have formalized a strategic advisory collaboration to support the design, development, and operational planning of world-class Sports Medicine and Performance Centers in the Kingdom of Saudi Arabia. As part of the collaboration, Cleveland Clinic will provide advisory services to support the development of best-in-class sports medicine and performance facilities, beginning in Riyadh and extending to the planned Sports Medicine Center of Excellence in Qiddiya City. Managing Director of Qiddiya Investment Company Abdullah Aldawood said: "Together, we are developing a cutting-edge sports medicine and performance ecosystem, one that supports athletes at every level, advances health, wellness and human performance, and reinforces Qiddiya's position as a global City for Play, in full alignment with Saudi Arabia's Vision 2030." Executive Vice President and President of International and Emerging Markets at Cleveland Clinic Tommaso Falcone said: "By sharing our expertise, we aim to help build advanced care models that enhance athlete performance and longevity and elevate standards of care across the region."

Turk Business News
Aug 25th, 2026
Saudi Arabia's Qiddiya expands globally with landmark €6 billion French theme park deal.

Saudi Arabia's Qiddiya expands globally with landmark €6 billion French theme park deal. The Qiddiya Investment Company, an owned subsidiary of the Public Investment Fund of Saudi Arabia, has entered into a historic memorandum of understanding with the French Government for the development of a revolutionary entertainment centre that will cost $7 billion ($6 billion). The memorandum of understanding is a moment for Saudi Arabia's efforts in economic diversification as envisaged in Vision 2030. In contrast to developing its own major entertainment venues in Saudi Arabia, Saudi Arabia has started exporting its entertainment ideas around the world. With QIC establishing itself as a powerful international brand in sports, culture, and lifestyle entertainment industries, the export of venue designs and destination management has become an essential part of its international strategy. Formalised on Monday, August 24, the agreement was concluded alongside 20 other economic pacts during Crown Prince Mohammed bin Salman's official state visit to France. French President Emmanuel Macron hailed the project on social media as an "unprecedented announcement" that will establish a prominent international tourism hub in Europe. Initial plans for the development, located in Cergy-Pontoise, roughly 30 kilometres northwest of Paris, encompass up to three distinct theme parks - including a planned manga-themed attraction - integrated alongside hospitality, commercial dining, residential spaces, and sports infrastructure. Projected to generate approximately 22,000 direct local jobs, the collaborative venture aligns Saudi destination-building expertise with French urban planning, culture, and transport capabilities. Under the terms of the memorandum signed by Abdullah Al-Dawood, Director General of Qiddiya, and Roland Lescure, French Minister for Economy and Finance, joint working groups will evaluate overall project parameters, establish development models, and determine operational feasibility over the coming months. The European venture directly leverages technical operational capabilities cultivated at QIC's flagship project, Qiddiya City. Located outside Riyadh, the master-planned mega-destination serves as the company's foundational hub for gaming, motorsport, culture, and sports assets. By extending its domestic portfolio into overseas markets, QIC aims to build a broader international footprint while driving long-term value, cross-border investments, and technical knowledge-sharing between the Saudi and French entertainment sectors. content writer | + posts I am passionate about reporting on current affairs, public policy, technology, and social issues. The main focus is on delivering well-researched, accurate, and reader-friendly stories that simplify complex topics. Through my writing,, the aim is to provide credible information. Samridhi Puri I am passionate about reporting on current affairs, public policy, technology, and social issues. The main focus is on delivering well-researched, accurate, and reader-friendly stories that simplify complex topics. Through my writing,, the aim is to provide credible information.

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