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The Latest Breaking News from PIF

Saudi's ACWA Power, Badeel to Develop Largest Solar Plant in Middle East

Saudi Arabia's private utility ACWA Power and a unit of the Public Investment Fund (PIF) on Wednesday signed agreements to develop the largest solar power plant in the Middle East, the Saudi Press Agency reported. The 2,060 megawatt project will be located in Al Shuaibah in Makkah province and is…

Asharq Al-Awsat · Nov 30, 2022

‘Greg (Norman) has to go’: Tiger Woods unloads on LIV Golf leadership, explains what must happen for LIV to co-exist with PGA Tour

The 15-time major champion didn't hold back when addressing Greg Norman and LIV Golf.

USA Today Sports Media Group · Nov 29, 2022

Newcastle United set for 'club record' deal that could explain FSG Liverpool sale

Newcastle are set to land a new shirt sponsor in time for the 2023/24 season at a much higher value

Liverpool Echo · Nov 29, 2022

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Newcastle United transfer circus starts with report of £27m swoop for Premier League flop

Italy international Moise Kean scored just four goals for Everton across in 39 appearances at Goodison Park before embarking on loan spells with PSG and Juventus respectively

Chronicle Live · Nov 27, 2022

Premier League 'rules' on Saudi Arabia interest in buying Liverpool or Manchester United

Recent reports suggest there is 'interest' in buying Liverpool and Man United from private sector Saudi sources

Liverpool Echo · Nov 26, 2022

Premier League double down on Saudi Arabia stance amid Man Utd and Liverpool interest

Saudi Arabia's sports minister Prince Abdulaziz bin Turki al-Faisal has confirmed the Arab country is interested in investing in both Manchester United and Liverpool

Daily Mirror · Nov 26, 2022

The truth about Premier League takeovers as Manchester United linked with billionaires and tech giants

The Glazers announced they would be open to selling Man Utd arlier this week and there has been interest already.

Manchester Evening News · Nov 25, 2022

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'Why not?' Saudi Arabia minister's huge Man Utd ownership call and Newcastle position

Prince Abdulaziz bin Turki al-Faisal encouraged a private investor to buy the Red Devils

Chronicle Live · Nov 25, 2022

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 · Nov 25, 2022

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 · Nov 24, 2022

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 · Nov 24, 2022

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 · Nov 23, 2022

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 · Nov 23, 2022

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 · Nov 22, 2022

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Chronicle Live · Nov 22, 2022

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 · Nov 22, 2022

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 · Nov 21, 2022

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

Salon · Nov 17, 2022

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

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Asharq Al-Awsat · Nov 14, 2022

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 · Nov 13, 2022

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 · Nov 13, 2022

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 · Nov 13, 2022

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…

Chronicle Live · Nov 12, 2022

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 · Nov 11, 2022

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 · Nov 10, 2022

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

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