The PIF Private Sector Forum wraps up today at the King Abdul Aziz International Conference Center. The two-day event brings together CEOs from PIF’s portfolio companies — including Riyadh Air, Alat, Diriyah, Ma’aden, and Ceer — and looks to bridge connections between the wealth fund, its portfolio companies, and private sector players, while promoting localization and enhancing supply chains in vital sectors. Here are some of the highlights from day one:

#1- Alupco to partner with PIF on SAR 1 bn manufacturing hub: Aluminum ProductsCompany (Alupco) will invest in a three-year SAR 1 bn manufacturing facility for fully automated doors and windows in partnership with the PIF, CEO Khaled Abdelmoneim told Al Arabiya on the sidelines of the PIF’s Private Sector Forum. The project is the first of its kind outside China and Germany, Abdelmoneim added.

What we know so far: Alpuco will hold a 75% stake in the new venture — set to be announced today — with the remainder controlled by PIF-backed Roshn, Abdolmoneim told Asharq Business, adding that half of the new manufacturing hub’s output will be slated for export markets.

ALSO- Alupco is gearing up for a Saudi IPO by mid-2026, Abdelmoneim told AlArabiya. The listing will not see the exit of any existing shareholders, Abdolmoneim added without providing further details.

#2- Homegrown EV manufacturer Ceer inked 11 partnerships worth a combined SAR 5.5 bn yesterday, 80% of which were with Saudi businesses, it said in a post on X. Details of the agreements were not disclosed.

#3- The Public Investment Fund is offering investment opportunities worth some SAR 40 bn to the private sector, in a bid to stimulate and attract investments across the entire value chain, Asharq Business reports, citing a statement from PIF Governor Yasir Al Rumayyan. The investment prospects will be offered up through a dedicated platform, Al Rumayyan adds.

#4- Big plans for private sector involvement in logistics: Transport and Logistic Services Minister Saleh Al Jasser unveiled plans to offer potential investments worth SAR 240 bn to the private sector, with the government pushing for private firms to cover 80% of investment in the logistics sector, Al Arabiya reports. Four airports are currently on offer, Al Jasser added, with tenders to establish and manage Abha Airport at their final bidding stages.

#5- Saudi robots to broach global markets by next May: The Kingdom is set to begin exporting Saudi-made industrial robots by next May, Arab News reports citing a statement by Alat CEO Amit Midha. The achievement will be enabled by Alat’s USD 150 mn venture with Japan’s Softbank to establish a fully automated manufacturing and engineering hub for industrial robots.

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