The Latest Breaking News from Saudi Public Investment Fund

FCC grants Paramount's indirect ownership request for Gulf funds in Warner Bros. Discovery buyout

As Paramount looks to take over Warner Bros

The Independent UK · Sep 18

Scott O’Neil Provides Update On LIV Golf Future Amid Funding Uncertainty

The LIV Golf CEO has addressed concerns that the Saudi Public Investment Fund may not provide backing for the rest of the season

Golf Monthly · Jun 9

Why has Cristiano Ronaldo gone ‘on strike’ at Al-Nassr?

Ronaldo, who is paid around £500,000 per day, was absent for Al-Nassr’s Saudi Pro League clash against Al-Riyadh after taking issue with the Saudi Public Investment Fund’s running of the club

The Independent UK · Feb 2

Cameron Smith sees bright future for golf in PGA Tour-LIV merger

British Open champion Cameron Smith remains optimistic about the future of golf, despite the uncertainties surrounding the proposed merger between the PGA Tour and Saudi Public Investment Fund (PIF).

The Times of India · Jul 17, 2023

Monahan, Al-Rumayyan And Norman Invited To Testify At Senate Hearing

The PGA Tour, PIF and LIV Golf officials have been invited to testify at the hearing scheduled for 11 July

Golf Monthly · Jun 21, 2023

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 · Nov 13, 2022

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.

Asharq Al-Awsat · Oct 30, 2022

Saudi Arabia’s SALIC, Brazil’s Minerva Buy Australian Lamb Company for about $260 Mln

The Saudi Agricultural and Livestock Investment Company (SALIC), owned by the Saudi Public Investment Fund, and Brazilian meatpacker Minerva has acquired the Australian Lamb Company (ALC) for 970 million riyals ($258 million), SALIC said in a statement on Friday. The acquisition was done through Minerva Foods Australia, a joint venture…

Asharq Al-Awsat · Oct 21, 2022

Greg Norman to address Saudi concerns with Congress members as he argues LIV Golf’s case

Greg Norman and the LIV Golf Series have received plenty of criticism due to the backing they receive from the Saudi Public Investment Fund, and Norman is now set to address the matter with Congress

Daily Mirror · Sep 20, 2022

Trump hosts Saudi "golf-washing" event

Saudi-funded LIV Golf tour comes to Trump's Bedminster club as he claims, "Nobody has gotten to the bottom of 9/11"

Salon · Aug 2, 2022