The Latest Breaking News from Public Investment Fund

Sergio Garcia explains how he and Rory McIlroy rekindled their fractured friendship

“We talked and we had a great conversation, and I feel like I have that friend back, and that to me means a lot."

USA Today Sports Media Group · Jun 28, 2023

‘Sign me up’: Nick Kyrgios welcomes potential Saudi investment in tennis

Nick Kyrgios has welcomed Saudi Arabia’s interest in tennis as officials consider increased contributions from the country’s Public Investment Fund

The Guardian - AU · Jun 27, 2023

Saudi Arabia holds talks with ATP tennis chiefs after golf and football investments

The ATP Tour's chairman has held talks with Saudi Arabia as their Public Investment Fund looks to invest in tennis with the sport's leading lights stating they must honour their traditions

Daily Mirror · Jun 25, 2023

Premier League sponsorship rules set for major test as Newcastle eye shirt deal with Saudi company

Newcastle are in talks over a £25m shirt deal with Sela, an events company with links to Saudi Arabia whose website says it is owned by the Public Investment Fund

The Independent UK · May 24, 2023

Cruise Saudi to Participate in 30th Arabian Travel Market Exhibition in Dubai

The Cruise Saudi company, a 100% Public Investment Fund-owned business in the Kingdom, is preparing to participate in the four-day Arabian Travel Market exhibition ATM 2023 that will be held Monday at the Dubai World Trade Center.

Asharq Al-Awsat · Apr 30, 2023

Why Saudi Arabia Transfered 4% of Aramco Shares to PIF Subsidiary?

Saudi Arabia's Crown Prince Mohammed bin Salman announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to Sanabil Investments, a subsidiary of the kingdom's Public Investment Fund (PIF). Experts interviewed by Asharq Al-Awsat said the move supports PIF’s flexibility in capturing local and global investment…

Asharq Al-Awsat · Apr 20, 2023

Jada Fund of Funds Appoints Mr. Bandr Alhomaly as CEO

The Board of Directors of Jada Fund of Funds – Saudi government-owned by the Public Investment Fund to provide funding to Saudi SMEs through commercially sustainable investments in venture capital and private equity funds - announced the appointment of Mr. Bandr Mohammed Alhomaly as CEO. The Board is highly confident…

Asharq Al-Awsat · Mar 9, 2023

Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Int’l Markets

Japan’s Marubeni Corp. has agreed to study clean hydrogen production in Saudi Arabia together with the Kingdom’s sovereign Public Investment Fund (PIF). Saudi Arabia, a leading oil-producing nation and a key player in the Organization of the Petroleum Exporting Countries, is looking to add other types of energy sources, including…

Asharq Al-Awsat · Mar 3, 2023

North East Today: Newcastle households face 4% council tax hike and Amanda Staveley quashes Manchester United speculation

Your lunchtime briefing on all the latest news from across the North East

Chronicle Live · Mar 2, 2023

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 · Feb 22, 2023