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The Latest Breaking News from PIF

Saudi Arabia's stance on Manchester United takeover

The Glazers put Man United on the market earlier this week and investment from Saudi Arabia has been linked to the club

Manchester Evening News

Newcastle United headlines as Gary Neville makes Callum Wilson claim after Harry Kane injury scare

A round-up of the latest Newcastle United headlines

Chronicle Live

Eyewatering Manchester United sale price mooted that makes Newcastle United takeover a bargain

Manchester United could reportedly be sold for as much as £7billion

Chronicle Live

From analysis to the latest developments in health,
read the most diverse news in one place.

Report: Saudi Public Investment Fund asks for ‘sovereign immunity’ in court battle with PGA Tour

The request stated the move could set a "dangerous precedent" if PIF had to reveal its books.

USA Today Sports Media Group

Simon Jordan details Newcastle United Cristiano Ronaldo 'rumour' after Manchester United exit

Ronaldo is available as a free agent after his contract was terminated at Manchester United.

Chronicle Live

Newcastle United news as Magpies co-owner sends Saudi Arabia message after World Cup upset

All the latest Newcastle United headlines as Mehrdad Ghodoussi gives his verdict on Saudi Arabia's shock upset win over Argentina

Chronicle Live

Eddie Howe has already answered Cristiano Ronaldo transfer question amid Manchester United exit

The Newcastle United boss has been clear in his position on whether Ronaldo will play at St. James' Park

Chronicle Live

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Graeme Souness claims PIF should be 'nowhere near Newcastle United' in World Cup debate

Newcastle United were bought by Saudi Arabia's Public Investment Fund over a year ago

Chronicle Live

Newcastle United's owners - shareholder breakdown of Saudi-led ownership

Newcastle United's ownership after the £305m takeover was completed is split into three groups, PIF, Amanda Staveley and the Reubens are stakeholders

Chronicle Live

Saudis funneled "billions" to Trump fam

Earlier this week, Trump "struck a deal with a Saudi-based real estate company" on $1.6 billion development

Salon

PIF, BlackRock Sign MoU to Boost Foreign Direct Investment

The Saudi Public Investment Fund (PIF) and US investment giant BlackRock signed a Memorandum of Understanding on Monday to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia. Industries to be targeted include energy, utilities, transport and telecoms. PIF and BlackRock will cooperate to attract regional and…

Asharq Al-Awsat

Saudi Commitment to Building a Green Future

Governor of the Public Investment Fund (PIF) and Chairman of Saudi Aramco Yasir Al Rumayyan said the Middle East Green Initiative (MGI) is a turning point in the environmental efforts, which aim to transition national ambitions into practical steps that affect the entire world. Al Rumayyan underlined the great efforts…

Asharq Al-Awsat

Saudi Arabia's PIF Reduces Majority Stake in Tadawul Group, Raises $612M

Saudi Arabia's Public Investment Fund has sold a 10% stake in stock exchange operator and owner Saudi Tadawul Group through a secondary share offering, raising 2.3 billion riyals ($612 million), it said in a statement on Sunday. The sovereign wealth fund said it sold 12 million shares through an accelerated…

Asharq Al-Awsat

Al Rumayyan: Saudi Arabia Seeks 100 Years of Economic Sustainability

Governor of the Saudi Public Investment Fund Yasir al-Rumayyan said the Kingdom seeks to develop a sustainable economy that can thrive 100 years from now. He underscored Saudi Arabia’s commitment to global climate action and efforts to develop renewable energies. Rumayyan made the remarks during the opening session of the…

Asharq Al-Awsat

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Chronicle Live

Rio Ferdinand impressed by Newcastle United's 'sensible' transfer policy

Newcastle have undergone a remarkable transformation since PIF's takeover last year.

Asharq Al-Awsat

Saudi PIF to Sell 10% Stake in Tadawul Group

Saudi Arabia's Public Investment Fund (PIF) is selling a 10% stake in Saudi Tadawul Group, the owner and operator of the Kingdom's stock exchange, via an accelerated book-build offering, Reuters quoted a regulatory filing on Thursday. PIF, a sovereign wealth fund with over $600 billion in assets, has hired HSBC…

Liverpool Echo

Jurgen Klopp speaks out on potential Liverpool sale as Newcastle investment hints at FSG decision

Liverpool boss Jurgen Klopp has spoken about FSG's proposed sale as Ibrahima Konate has been named in the France World Cup squad

Asharq Al-Awsat

Saudi PIF is Part of Consortium to Acquire European Vodafone Towers

In a move highlighting its interest to invest in the telecommunications sector, Saudi Arabia’s Public Investment Fund (PIF) is looking to finance a deal to acquire a stake in the giant European company, Vodafone. On Tuesday, the Financial Times said Saudi Arabia’s sovereign wealth fund is heading for a new…

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news in one place.

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Liverpool Echo

Newcastle make £70m move that may explain why FSG want to sell Liverpool

Newcastle United's owners have committed another capital injection into Liverpool's rivals

USA Today Sports Media Group

Aramco Saudi Ladies International set to increase purse to $5 million in 2023, matching the men’s PIF Saudi International

"This is a message to all young women that golf is for them, and they can pursue the sport as a passion and as a career.”

Chronicle Live

Newcastle United evening headlines as PIF inject further funds at St. James' Park amid Bruno 'dream'

A round-up of the latest Newcastle United headlines ahead of the Carabao Cup game against Crystal Palace

Asharq Al-Awsat

Saudi PIF Considers Bidding for Qatar's Ooredoo Tower Unit

Saudi Arabia's Public Investment Fund (PIF) is considering a final bid for network towers sold by Qatari telecom firm Ooredoo. According Bloomberg, informed sources said the PIF expressed its keenness to be among the suitors for the Qatari telecom and submit offers for the final purchase competing with American Tower…

InsideEVs

Saudi Arabia Teams Up With Foxconn To Launch Its Own Ceer EV Brand

Ceer is a joint venture between Saudi Arabia's Public Investment Fund and Taiwan's Foxconn; it will license component tech from BMW in the development phase.

Asharq Al-Awsat

Crown Prince Launches Ceer, the 1st Saudi Electric Vehicle Brand

Crown Prince Mohammed bin Salman bin Abdulaziz launched on Thursday Ceer, the first Saudi electric vehicle brand that will contribute to Saudi Arabia’s automotive manufacturing sector. The Crown Prince is also the Saudi Prime Minister and Chairman of the Public Investment Fund (PIF). “Saudi Arabia is not just building a…

Asharq Al-Awsat

PIF Focuses on Achieving ‘Impact’ for Saudi Economy Development

The Saudi Public Investment Fund’s (PIF) strategy focuses on achieving economic impact through operable sectors, said Abdullah Alsalem, PIF’s head of strategy and planning.

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