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Al Waha Duty-Free Company is wholly owned by PIF and according to a statement “will become a leader in travel retail and secure a greater share of passenger spending for the Saudi economy.” ...

Saudi Arabia's Public Investment Fund has launched Al Waha, the country's first duty-free company, to enhance tourist spending and support the kingdom's travel and aviation sector. This initiative ...

has announced the establishment of Al Waha Duty-Free Company (Al Waha), a travel retailer and the first Saudi-owned duty free operator. PIF will fully own Al Waha and states the company will become a ...

SAUDI ARABIA. In a breakthrough for the Kingdom’s rapidly evolving aviation and tourism landscape, Public Investment Fund (PIF) today announced the establishment of travel retailer Al Waha Duty-Free ...