Public Investment Fund Tower

Public Investment Fund Tower
PIF Tower, 2024
Former namesCapital Market Authority Tower
General information
StatusCompleted
TypeSupertall skyscraper
Town or cityRiyadh
CountrySaudi Arabia
Coordinates24°45′46″N 46°38′25″E / 24.7628°N 46.6403°E / 24.7628; 46.6403
Construction started2010
Completed2021
Cost$1 billion
OwnerAl Ra'idah Investment Company
Height385 m (1,263 ft)
Technical details
Floor count80
Floor area182,137 m2 (1,960,510 sq ft)
Lifts/elevators40
Design and construction
Architecture firm

The Public Investment Fund (PIF) Tower (previously known as Capital Market Authority Tower) is a 385 m (1,263 ft) supertall skyscraper in Riyadh, Saudi Arabia. Construction started in 2010 and was topped-out in 2014. The building was finally completed in 2021, making it the tallest building in Riyadh, surpassing Burj Rafal, and the second-tallest in Saudi Arabia. Designed by HOK and Omrania, the 80-story PIF Tower is one of the most high-tech skyscrapers in the world and the centerpiece of the King Abdullah Financial District.

The tower is aiming for LEED Gold certification and will feature an observation deck, two-story atrium as well as double-height sky lobbies, an innovative Twin elevator system with two cabs traveling in a single shaft, and amenities including a fitness center, pool, and cafeteria.