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The Latest Breaking News from PIF

Lynch: Saudis have Greg Norman to thank for their U.S. legal nightmare

Norman opens LIV’s second season with his trademark delusional enthusiasm masquerading as unstoppable momentum.

USA Today Sports Media Group

Amnesty International criticise ‘glaring omission’ of human rights issues in football’s White Paper

The White Paper published on Thursday has promised checks on owners and directors will be more robust under the new regulator.

The Independent UK

Pacific Islands Fourm 'one big family' as leaders meet and select new leader amid intense US-China competition

Former Nauru president Baron Waqa is set to take the reins of the Pacific's peak regional body, after a special leaders meeting in Fiji.

ABC News

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Queensland to trial GPS tracker for child offenders – as it happened

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The Guardian - AU

Australia and Fiji prepare to cement reunified Pacific

On his final day as Pacific Islands Forum chair, Fiji PM Sitiveni Rabuka wants to hand a reunified region to its next leader, Mark Brown of Cook Islands.

AAP

The Newcastle United PIF gift that has motivated Eddie Howe and his squad

Newcastle United boss Eddie Howe would love to give something back to PIF and Toon supremo Yasir Al-Rumayyan

Chronicle Live

Pacific family to reunite in Fiji after forum drama

After a period of disunity, Fiji prime minister Sitiveni Rabuka will bring regional leaders together for a special summit of the Pacific Islands Forum.

AAP

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Judge rules PGA Tour can add Saudi Arabia’s Public Investment Fund, governor Yasir Al-Rumayyan as defendants in LIV Golf countersuit

The hits keep coming for LIV Golf and the Public Investment Fund in U.S. federal court.

USA Today Sports Media Group

LIV Golf handed major blow in lawsuit against PGA Tour ahead of start of second season

The two golf organisations continue to be at loggerheads and Greg Norman's controversial Saudi-backed circuit may now be at a disadvantage

Daily Mirror

Judge rules PGA Tour can depose Saudi backers of LIV Golf

A federal judge has ruled the PGA Tour can require documents and depositions from the Saudi Arabia wealth fund and its leader

The Independent UK

LIV Golf’s anti-trust lawsuit against PGA Tour handed severe blow in federal court

The ruling could radically change the fledgling circuit's anti-trust lawsuit against the PGA Tour.

USA Today Sports Media Group

Pacific Island leaders announce US President Joe Biden will visit the region

Five Micronesian countries declare that President Joe Biden will visit the Pacific for a leaders' meeting later this year, in another sign the US remains intent on ramping up high level diplomatic engagement with the region.

ABC News

Saudi Arabia's PIF Invests $1.3 Billion in 4 Local Construction Firms

Saudi Arabia's sovereign wealth fund has invested a total of $1.3 billion in four local construction firms to support the sector tasked with spearheading projects across the Kingdom, it said on Tuesday. The Public Investment Fund said it acquired new shares as part of capital increases representing significant minority stakes…

Asharq Al-Awsat

Newcastle's lucky takeover escape as truth emerges over Henry Mauriss and BellaGraph Nova Group

Before PIF took charge at Newcastle United there were dealings with Henry Mauriss and the Bellagraph Nova Group

Chronicle Live

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USA Today Sports Media Group

LIV Golf lawyers argue PGA Tour is ‘exploiting litigation’ after request to delay antitrust trial, discovery schedule

LIV Golf lawyers said “the Tour is exploiting litigation delay to choke off air to LIV and players” in a joint motion.

USA Today Sports Media Group

Abraham Ancer outlasts Cameron Young to win 2023 PIF Saudi International

Ancer won wire-to-wire to claim his fourth professional victory.

Asharq Al-Awsat

Saudi-US Partnership to Build Vertical Farms in MENA Region

The Saudi Public Investment Fund (PIF) announced a joint venture agreement with AeroFarms, a US-based commercial market leader in vertical farming, to establish a company in Riyadh to build and operate indoor vertical farms in Saudi Arabia and the Middle East and North Africa (MENA) region. The agreement seeks to…

Asharq Al-Awsat

AlUla Development Company Launches Operations to Turn the City into Global Tourism Destination

AlUla Development Company is launching operations to support the development of AlUla in Western Saudi Arabia. The company, which is wholly owned by the Public Investment Fund (PIF), plans to deliver hospitality, residential, retail and infrastructure projects as part of the tourism push. The entity will work in collaboration with…

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news in one place.

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The Guardian - AU

Kiribati to return to Pacific Islands Forum at vital moment for regional diplomacy

Fiji’s prime minister confirmed Kiribati would be rejoining the group after he met with president Taneti Maamau

ABC News

Kiribati confirms intention to rejoin Pacific Islands Forum after Fijian Prime Minister's attempt to heal rift

The office of the Kiribati president says it had decided to return to the forum after a "fruitful, positive and successful bilateral meeting" with newly elected Fijian Prime Minister Sitiveni Rabuka this month.

Sports Illustrated

Reports: F1 Sends FIA Fiery Letter After President’s Tweets

Mohammed Ben Sulayem tweeted a thread concerning the report of Saudi Arabia considering bidding $20 billion to purchase Formula One.

Daily Mirror

Mohammed ben Sulayem's main character syndrome risks FIA war with F1

Ben Sulayem's time in charge of the FIA so far has been turbulent, and the FIA president's latest comments have annoyed F1 chiefs to the point the lawyers are now involved

Tribune News Service

Elon Musk cites Saudi wealth fund at second day of Tesla trial

Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.

Daily Mirror

FIA president responds with warning after £16bn F1 'buyout attempt' by Saudi PIF

A report last week claimed that the sovereign wealth fund of Saudi Arabia had tried to launch a £16bn bid to buy Formula 1, and that it was rejected out of hand by Liberty Media

Liverpool Echo

Liverpool may end up facing Qatar question as history repeats itself for FSG

Some Liverpool supporters remain wary of Arab state investment but is the football moral high ground a ship that has already sailed?

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