New Murabba, a Saudi Arabian Public Investment Fund (PIF) company, has signed a Memorandum of Understanding with South Korean tech giant, NAVER Cloud Corporation, for its 14 sq km mixed-use urban destination development currently under construction in Riyadh, KSA.
The agreement was signed by New Murabba CEO Michael Dyke, during the company’s Investment and Partnership Forum, taking place this week in Seoul, South Korea.