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PGIM has partnered with Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), to co-develop investment opportunities in private and public markets. Both firms hav...
(Photo credit: Reuters via Imagn Images)Saudi Arabia's Public Investment Fund confirmed Wednesday it will no longer finance LIV Golf, according to the Wall Street Journal. The leag...
PIF deal covers the 2026 World Cup being cohosted by US, Canada and Mexico, while Saudi Arabia is hosting 2034 edition.
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has agreed to anchor a new private credit fund focused on the Middle East, managed by King Street Capital Ma...
Saudi Arabia’s sovereign wealth fund may have pulled back from golf, but on Thursday it deepened its investment in soccer by becoming an “official tournament supporter” of the Worl...
Thursday morning brough breaking news that Saudi Arabia PIF was going to end their huge funding of LIV Golf and that NUFC Chairman Yasir Al-Rumayyan was stepping down from the...Yo...
Newcastle United’s owner, Saudi Arabia’s Public Investment Fund, has officially expanded its presence in global football after becoming an “official tournament supporter” of the FI...
The Saudi PIF has officially confirmed that it is ending its investment in LIV Golf which it has funded to the tune of over $5 billion since its launch in 2021. The PIF funding wil...
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up on recently. Over the last several weeks, the Saudi...
Saudi Arabia reportedly will stop financing at the end of the season
The PIF are looking for investors to come into Newcastle United to help them fund their ambitious project.
The Saudi Arabia PIF are now looking to sell a significant part of their shareholding in Newcastle United. However, this is not the majority owners taking a step back with...You ca...
Saudi Arabia’s reported plan to consolidate port, rail, and shipping assets under the Public Investment Fund is not just an infrastructure story. It reflects a larger shift in glob...
LIV Golf plans to continue without the financial backing of Saudi Arabia's Public Investment Fund, touting "100% year over year" financial growth in 2
The Saudi league, established in 2022, attracted some of the sport’s biggest stars with huge contracts.
The Saudi Arabia PIF released a statement on Thursday regarding its decision to pull funding from LIV Golf following the 2026 season. The post PIF statement: LIV Golf ‘no longer co...
Upstart league unable to build a sustainable business so it could wean itself off a total reliance on the PIF’s wealth
Saudi Arabia's Vision 2030 initiative is channelling over $900 billion through the Public Investment Fund into real estate and infrastructure projects. The economic diversification...
The Newcastle United CEO David Hopkinson confirmed on Wednesday that around 25 officials representing the Saudi Arabia PIF majority ownership were flying into Newcastle for a serie...
Speculation over the future of LIV Golf ran rampant after league executives reportedly were summoned to New York for an emergency summit.,The Financia
Saudi Arabia's sovereign wealth fund became an "official tournament supporter" of the World Cup on Thursday and reaffirmed its commitment to invest heavily in sports despite notabl...
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