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    Public Investment Fund of Saudi Arabia

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    • Saturday, 9 December, 2023
      Scoreboard
      The Premier League’s £6.7bn payday Premium content

      Also in this week’s newsletter, Jon Rahm defects to LIV, disappointment for John Textor and Arctos buy PSG stake

    • Monday, 4 December, 2023
      Rocco Forte Hotels Ltd
      Saudi Arabia buys 49% of Rocco Forte’s luxury hotel chain

      Country’s $700bn Public Investment Fund plans to invest tens of millions to double the chain’s portfolio in five years

      Rocco Forte
    • Tuesday, 28 November, 2023
      Heathrow
      Saudi PIF and Ardian to buy 25% stake in Heathrow airport for £2.4bn

      Ferrovial selling holdings after 17 years

      Heathrow airport arrivals
    • Saturday, 25 November, 2023
      Scoreboard
      Padel boom lures investors Premium content

      Plus, F1’s valuation race hots up, multiclub ownership divides the Premier League, and more

    • Saturday, 18 November, 2023
      Golf
      Talks between PGA Tour and Saudi sovereign wealth fund set to drag into 2024

      Compensation for players who stuck with the US tour and LIV’s team-golf format are among the big stumbling blocks 

      Rory McIlroy plays his second shot
    • Friday, 20 October, 2023
      Middle Eastern finance
      Financiers stick to ‘Davos in the Desert’ plans despite Middle East war

      Larry Fink, Jamie Dimon and Jane Fraser among those expected at Saudi investment conference

      Participants at the Future Investment Initiative in Riyadh last year
    • Sunday, 15 October, 2023
      Sport
      Saudi Arabia-backed mixed martial arts league in talks to purchase rival

      Professional Fighters League looks to buy Bellator, as founder Donn Davis goes on acquisition drive

      Renan Ferreira celebrates after defeating Maurice Greene in a PFL match in August
    • Thursday, 12 October, 2023
      PGA Tour Inc.
      PGA Tour to weigh outside investors as talks over Saudi tie-up continue

      Men’s professional golf organisation initiates formal bid process amid ‘unsolicited outreach’

      Jay Monahan, the PGA Tour commissioner,  speaks to people on a golf course
    • Monday, 28 August, 2023
      Standard Chartered PLC
      StanChart exits aviation leasing and financing sector

      Banking group sells $4.5bn in assets and loans in deals with Saudi state-owned group and company backed by Apollo

      StanChart logo
    • Wednesday, 16 August, 2023
      Saudi Arabia
      Saudi Arabia cuts holdings of US Treasuries to 6-year low

      Kingdom’s position in US government bonds falls by $3.2bn in June to $108bn

      Residential and commercial buildings in the King Abdullah Financial District in Riyadh, Saudi Arabia
    • Tuesday, 15 August, 2023
      ETF HubLatest news on ETFs
      Barrick chief slams ‘myopic’ western funds for focusing on quick returns

      Mark Bristow praises Saudi Arabia for showing interest in Pakistan copper and gold mine in province riven by violence

      Barrick Gold chief executive Mark Bristow
    • Friday, 4 August, 2023
      Football
      Saudi football scores with €430mn summer spending spree

      Net transfer spending by the Pro League trails only that of the Premier League

    • Friday, 28 July, 2023
      Vale SA
      Saudi Arabia makes mining bet with stake in Vale’s base metals division

      Brazilian miner sells 13% slice of business to aid ‘energy transition’ in $3.4bn cash deal

      An excavator loads raw nickel ore into a dump truck at a Vale nickel mining site in Indonesia
    • Monday, 24 July, 2023
      Paris Saint-Germain Football Club
      Saudi football club approaches PSG with record €300mn bid for Mbappé

      Offer comes as Qatari-owned club tries to force French player to end or extend his contract to cash in lucrative fee

      Kylian Mbappé
    • Saturday, 15 July, 2023
      Special Report
      Business of Golf

      A truce between the PGA and the Saudi sovereign wealth fund looks far from secure. Plus: how to make the sport more accessible for women; a Columbia Business School professor who revolutionised the game’s analytics; off-course golf points way to the future

      Ruoning Yin of China kisses the trophy after winning the KPMG Women’s PGA Championship
    • Saturday, 15 July, 2023
      Special ReportBusiness of Golf
      How PIF’s financial power bought a seat at the table

      A truce between the sport’s most powerful bodies and the Saudi sovereign wealth fund has been in the works for months but fears grow that the battle is far from over

      PGA Tour board member Jimmy Dunne and Chief Operating Officer of the PGA Tour Ron Price testify during a US Senate Committee
    • Tuesday, 11 July, 2023
      Golf
      Saudi Arabia sought central role in professional golf

      PGA Tour officials tell US Senate their planned tie-up with LIV is best chance to preserve sport’s independence

      Richard Blumenthal, the Democratic senator from Connecticut, speaks during a hearing in Washington into last month’s surprise agreement between the PGA Tour and Saudi-funded LIV Golf
    • Saturday, 8 July, 2023
      Saudi Arabia
      Spending spree thrusts Saudi football on to global stage

      Kingdom’s focus widens as it seeks to build a leading domestic league

      Cristiano Ronaldo
    • Friday, 7 July, 2023
      News in-depthAmanda Staveley
      Amanda Staveley: the ‘fearless’ financier easing Saudi drive into sport

      Secret broker of golfing peace deal is facing a legal fight with a Greek shipping magnate

      Newcastle United co-owner Amanda Staveley is described as ‘a relentless enthusiast’
    • Wednesday, 5 July, 2023
      Saudi Arabia set to launch multibillion-dollar sports investment group

      Plan signals Riyadh’s ambition to expand its push into football, golf, tennis and beyond

      Golfer Dustin Johnson swings his club
    • Saturday, 24 June, 2023
      Tennis
      Men’s tennis tour in talks with Saudi wealth fund about joint investments

      ATP Tour chair Andrea Gaudenzi held ‘positive’ talks with PIF to back sports projects and ventures

      Lorenzo Musetti hits the ball during a tennis match
    • Friday, 23 June, 2023
      PGA Tour Inc.
      PGA Tour rushes to contain fallout from golf tie-up with Saudi fund

      Many players remain frustrated while deal faces scrutiny in Washington

      Montage of logos of PGA Tour and Saudi Arabia’s PIF and a golf player
    • Monday, 19 June, 2023
      News in-depth
      Sports deals cement Yasir Al-Rumayyan’s reputation at Saudi wealth fund

      PIF boss bets big on golf and football but domestic issues are his biggest challenge

      Yasir al-Rumayyan at Newcastle United’s St James’ Park ground
    • Tuesday, 13 June, 2023
      News in-depthGames industry
      Saudi Arabia spends billions in drive to dominate global games industry

      Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power

      Crown Prince Mohammed bin Salman gaming montage
    • Monday, 12 June, 2023
      News in-depthScotland
      ‘For money alone’: Scotland’s home of golf takes swing at Saudi Arabian ambitions

      St Andrews, where the ancient game is said to have begun, shows little love for the merger that gives Riyadh great sway over the professional sport

      Rory McIlroy plays at the British Open on The Old Course at St Andrews in Scotland
    Previous page You are on page 1 Next page

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