Reports Reignite LIV Golf's Saudi Funding Timeline and Exit
New reports have reignited discussions about LIV Golf's Saudi funding timeline, indicating that the Saudi Public Investment Fund (PIF) will cease funding the league after the 2026 season.
New reports have reignited discussions about LIV Golf's Saudi funding timeline, indicating that the Saudi Public Investment Fund (PIF) will cease funding the league after the 2026 season.

A new report claims that Jeffrey Epstein obtained various artifacts, including tapestries from the Kaaba in Mecca and tiles from an Uzbek mosque, to furnish a golden-domed mosque on his private island.

New reports indicate that Jeffrey Epstein acquired objects from Islam’s holiest site to furnish a "mosque" on his private island. This revelation adds to the disturbing details surrounding his illicit activities.

Leaders and officials from across the Gulf gathered in Jeddah, Saudi Arabia, to discuss the ongoing regional crisis stemming from the US-Israeli war against Iran.
The Amir of Qatar participated in the Gulf Cooperation Council (GCC) consultative summit held in Jeddah.

LIV Golf's inaugural tournament in New Orleans, scheduled for late June, is likely to be postponed until the autumn, with multiple reports suggesting that Saudi funding for the league is drying up.
Kwara State has commenced mandatory vaccination for 1,714 intending pilgrims for the 2026 Hajj, ensuring compliance with Saudi Arabian health requirements. Read More:…
The Saudi Foreign Minister has held discussions with several Arab counterparts regarding recent regional developments. The meetings aim to coordinate responses to ongoing challenges in the Middle East.
Tech giant Lenovo is preparing to significantly ramp up production at its Riyadh factory, targeting an annual output of 2 million units by 2026. This expansion highlights the company's investment in the region.

Engages regional counterparts in talks aimed at de-escalation and maintaining open diplomatic channels amid tensions
Riyadh's Aquarabia water park has held its first women-only day, featuring modest swimwear options for attendees.

The Saudi ambassador to Nigeria met with Aliko Dangote to discuss deepening economic cooperation and partnership between Saudi Arabia and Nigeria.
Faishal Ibrahim announced new measures to ensure the safety of pilgrims participating in the 2026 Haj. These initiatives aim to enhance the well-being and security of those undertaking the pilgrimage.
Hajj security forces have arrested a man in Makkah for illegally transporting six individuals without the required permits.
Filipino conjoined twins have been given a new chance at life following a successful separation surgery performed in Riyadh, Saudi Arabia.
Scientists in Saudi Arabia have successfully revived an endangered fish species that had been absent from the region for 30 years.
Reports indicate that Riyadh is actively pushing for stability and adherence to the Taif Accord in the region, while Lebanese Speaker Nabih Berri stated that peace with Israel would not be possible before Saudi Arabia achieves it.

WWE has announced that it will hold its Night of Champions premium live event in Riyadh, Saudi Arabia, on June 27, following a ceasefire brokered by the Trump administration with Iran amidst Middle East tensions.

ServiceNow reported lukewarm sales and indicated delays in closing deals in the Middle East, leading to a significant drop in its share price. The company's outlook was impacted by these regional challenges.
Officials from Riyadh and Beirut are coordinating efforts to extend a current truce, with further discussions anticipated in Washington.
The PGA Tour is considering options for players to rejoin from LIV Golf, while the rival circuit reportedly scrambles to rebrand and retain its stars ahead of a rumored withdrawal of Saudi funding.
Turki Alalshikh has announced the launch of Pepsi's largest global campaign, which was powered by the Saudi-based BigTime Creative Shop.
Several major Saudi banks, including Al Rajhi Bank, Saudi National Bank, and Arab National Bank, have reported increased profits for the first quarter of the year. This indicates a strong financial performance across the sector.
Saudi Arabia's investments in the entertainment sector are expanding both domestically and internationally, with a focus on potential mergers like Paramount Skydance/Warner Brothers Discovery.
Transport ministers from Qatar and Saudi Arabia have met to discuss the regional situation's impact on transportation and supply chains, addressing potential disruptions and cooperation.

Religious scholars (Ulema) have unveiled a set of conduct guidelines for Hajj pilgrims, urging them to adhere to Saudi rules and avoid engaging in political activities during the pilgrimage.
Saudi Arabia conducted a week-long nationwide crackdown, arresting 14,487 illegal residents for violations of residency, border security, and labor laws, with thousands facing legal procedures or deportation.
Saudi Arabia is witnessing a rise in the trend of organized living, reflecting changing lifestyle preferences in the kingdom.
An article from the Financial Times questions whether the recent boom in Saudi Arabian sports investments and activities is coming to an end.
The beekeeping industry in Saudi Arabia is undergoing a significant transformation, driven by the adoption of new technologies.
Speculation has emerged that Saudi Arabia's Public Investment Fund (PIF) may be scaling back its involvement in LIV Golf, which has faced ongoing challenges. Amid these reports, LIV Golf CEO Scott O’Neil stated the tour is funded through the rest of the year but was non-committal about future funding.
An analysis suggests that global supply chains are undergoing a reset, with the Middle East remaining a core region but facing significant pressure.
Prince Al Waleed's Kingdom Holding company is set to acquire a majority stake in Al Hilal, a significant move for the investment firm.

Ongoing conflict is projected to significantly deplete the $6 trillion wealth held by Gulf states, complicating financial management for custodians of Middle Eastern oil fortunes.

Pakistan's Prime Minister Shehbaz Sharif has concluded his official visit to Saudi Arabia and is now traveling to Doha, Qatar, as announced by the Prime Minister's Office.
The leader of LIV Golf has stated that the golf league will continue despite recent reports and uncertainty surrounding its Saudi funding.

Reports indicate that Saudi Arabia's Public Investment Fund (PIF) will cease its financial backing of the LIV Golf league after the 2026 season, a decision that could effectively end its rivalry with the PGA Tour. This marks an end to the multi-billion dollar investment in the golf tour.
Saudi Arabia has experienced a significant increase in its date exports, with gains reaching up to 67% across various key international markets. This surge highlights the growing global demand for Saudi dates.

Following a record premium, Saudi Arabia, the world's top crude exporter, is expected to sharply cut its official selling prices (OSPs) for crude oil loading for Asian customers in June.

Gulf leaders have convened in Saudi Arabia for an extraordinary summit to discuss the ongoing conflict involving Iran and to plan a collective response to Iranian strikes and the war's broader implications.
Leaders from Gulf Cooperation Council (GCC) member states gathered in Jeddah for a consultative summit. The meeting brought together Gulf leaders to discuss regional matters.

The owners and executives of Newcastle United are meeting this week to strategize and plan the future direction of the football club.
An analysis explores whether Saudi Arabia could play a crucial role in ending an ongoing conflict and questions if the United States will heed their potential assistance.

Goldman Sachs has increased its oil price forecasts, attributing the rise to ongoing Middle East conflicts, reduced output, and significant inventory draws. The investment bank warns of a potential 'Hormuz shock' and suggests prices could reach $100 per barrel by year-end if supply disruptions continue.
A Malaysian delegation has clarified that claims circulating on social media about Haj pilgrims being fined for taking photos at the Kaaba are false, debunking the rumors.
Aquarabia water park in Riyadh has hosted its inaugural women-only day, featuring modest swimwear options for attendees.
Saudi Arabia issued a condemnation of the White House dinner shooting, affirming its solidarity with the United States, while Donald Trump also addressed the incident.
Al-Ahli of Saudi Arabia defeated Machida Zelvia of Japan 1-0 in Jeddah to secure the AFC Champions League title.
An article discusses the potential role China could play in the relationship between Saudi Arabia and Iran once the hypothetical conflict between the two nations concludes.
Saudi Arabia has been placed on alert as persistent thunderstorms continue to affect various regions across the kingdom.
Ukrainian President Volodymyr Zelensky has undertaken his second visit to Saudi Arabia in less than a month, indicating ongoing diplomatic engagements.
J.P. Morgan and Bloomberg have announced the inclusion of Saudi government sukuk (Islamic bonds) in their emerging market bond indices, a move expected to attract more international investment.
Lebanese Parliament Speaker Nabih Berri has thanked Saudi Arabia for its efforts to help Lebanon and contribute to ending the ongoing conflict.
Inflation in Saudi Arabia is prompting concerns regarding the cost and provision of catering services for pilgrims attending the annual Hajj.

France has announced a freeze on some government spending to mitigate an estimated €6 billion financial impact attributed to the fallout from the Iran war. This measure aims to counter the economic crisis stemming from the conflict.
Russell Bedford has expanded its global network by incorporating a new advisory company from Saudi Arabia.
Saudi Arabia's Hajj Minister has inspected the readiness of Mina camps in preparation for the upcoming pilgrimage season. The review ensures that all facilities are in place to accommodate pilgrims safely and efficiently.
A Saudi authority has introduced a new service to allow visitors to check crowd levels in the tawaf and sa’i areas of the Grand Mosque.
Saudi Arabia and Iraq are reportedly caught in a hidden conflict, described as a "war within the war."
Authorities in Makkah have arrested a man for advertising and selling fake vouchers for Hajj sacrificial animals.
Saudi Arabia has initiated a recall of over 6,300 Flying Tiger glasses after discovering a risk of toxic substances.

An analysis suggests that beyond supporting peace, Gulf Cooperation Council (GCC) states should work towards joint defense, energy security, and economic development.

The Federal Investigation Agency (FIA) arrested four individuals, including three women, at Sialkot airport on suspicion of involvement in organized beggary in Saudi Arabia.
The lower section of the Kaaba’s Kiswa has been raised as part of the preparations for the upcoming Hajj season in 2026.
The sports industry in Saudi Arabia is demonstrating its maturity and significant contribution to the nation's broader economic development.
Herve Renard has been sacked as the head coach of the Saudi Arabia national football team, just two months before the World Cup. Renard confirmed his dismissal to AFP.
An opinion piece argues that LIV Golf, initially instrumental in Saudi Arabia's image makeover, is now seen as expendable as the kingdom's sportswashing strategy evolves and the value of certain athletes diminishes.
Saudi Arabia has introduced a new regulation that prohibits manual car washing services at fuel stations across the kingdom, aiming to streamline operations and potentially improve environmental standards.
The International Monetary Fund has significantly reduced its growth outlook for Gulf oil-producing states, citing the economic shock caused by the Iran War.

LIV Golf CEO Scott O’Neil has assured players that the 2026 season will continue as planned, addressing speculation that Saudi Arabia’s Public Investment Fund might cut financial support.
Saudi crown prince, Pakistan PM discuss US-Iran mediation, regional stability Arab News
LIV Golf's CEO confirmed that the 2026 season is planned to continue, despite reports suggesting that Saudi Arabia's Public Investment Fund might cease its involvement with the league, casting a shadow over its long-term future.
Al-Hada Mountain in Taif, Saudi Arabia, has been recognized as the kingdom's newest landmark, achieving a Guinness World Record for the world's highest-altitude permanent media facade.
A human rights organization is calling on Saudi authorities to stop the executions of Ethiopian nationals, with three already carried out, and is urging Addis Ababa to intervene immediately.

Malaysian police are investigating a scam where a 62-year-old man from Kuching lost RM415,000 after being tricked by a suspect he met in Mecca, Saudi Arabia, in a fraudulent Haj permit scheme.
The Saudi Ambassador has offered condolences following a train crash that occurred in Bekasi, with Tempo.co English also reporting on the event.

Saudi Aramco has announced the suspension of its liquefied petroleum gas (LPG) deliveries through May. The decision was made following damage to one of its facilities.
Saudi Arabia is reportedly considering lowering its crude oil prices for Asian customers in June, potentially from their current record levels.
The Saudi ambassador to Japan has held a meeting with his Kosovan counterpart in Tokyo, indicating diplomatic engagement between the two nations.
A woman claims she was subjected to rape and torture after being sent to Saudi Arabia for a job, according to The Daily Star.

Putrajaya has launched a strict compliance campaign, "Tiada Visa, Tiada Haji," to ensure pilgrims adhere to Saudi rules for the Hajj pilgrimage.
Aramco Ventures is reportedly investing $7.5 billion into strategic technology initiatives, signaling a significant push into the tech sector.

Two Malaysian Haj pilgrims are receiving treatment in hospitals in Medina and Mecca for heart complications and shortness of breath, but are now reported to be in stable condition.
The Saudi ambassador to Brazil held a meeting with his Greek counterpart, indicating diplomatic engagement between the two nations.
An industry veteran states that Saudi Arabia's efforts to boost its events sector are on track, successfully navigating various disruptions.
Saudi Arabia is increasing its diplomatic engagement and outreach efforts towards Lebanon. This move signals a potential shift in regional relations.
SLB announced its first-quarter revenue increased by 3% to $8.72 billion, driven by broad growth. The company noted that its operations in the Middle East were affected by disruptions.
Saudi authorities in the Eastern Province successfully thwarted an attempt to smuggle amphetamines.
Authorities in Saudi Arabia's Eastern Province have foiled an attempt to smuggle more than 2.7 million amphetamine pills into the country.

The U.S. has deployed Ukrainian acoustic sensors and interceptor drones at Prince Sultan Air Base in Saudi Arabia. This move follows an Iranian drone strike last month that reportedly inflicted a costly toll on U.S. forces in the region.
HONOR has opened pre-orders for its new 600 Series, which the company claims will redefine flagship-level performance in the smartphone market segment.
Adidas and Saudia have announced a new collaboration, unveiling a 'Made to Fly' travel pack. The collection is designed for travelers and features co-branded merchandise.
Saudia launches Hajj 2026 operations with over one million seats for pilgrims thecitizen.co.tz
A Saudi authority has introduced a new service designed to allow pilgrims to check crowd levels in the tawaf and sa’i areas of the Grand Mosque, aiming to improve crowd management.
An economist suggests that any economic damage stemming from the Middle East will be limited, attributing this containment to robust second-quarter earnings.
Graphic storytelling is reportedly gaining significant attention and popularity within Saudi Arabia's creative landscape, indicating a growing interest in visual narratives.
Acwa Power and Saudi Power Procurement Company (SPPC) have signed an agreement for the expansion project of Rabigh 2.

The ongoing conflict in the Middle East is significantly impacting the business strategies of luxury brands and the tourism sector. Luxury brands are seeing their expansion plans in the region damaged, while the German tourism industry reports disruptions to bus tours.

Saudi Arabia has begun welcoming the first batches of pilgrims as the Hajj season officially commences, with international arrivals landing in Madinah and Jeddah. Authorities have also clarified that visit visas are barred from Hajj access.
The Saudi fund backing LIV Golf, despite holding $900 billion in assets, is reportedly experiencing cash flow challenges.
The Saudi Foreign Minister held discussions with US Secretary of State Rubio concerning various regional crises.

Saudi Arabia's Public Investment Fund (PIF) has reportedly changed its strategy, sending tremors through the world of sport and raising questions about its implications for Newcastle United.
Reports indicate that Saudi Arabia is reducing its investments in sports, suggesting a broader trend of cost-cutting even among the ultra-wealthy.
Saudi Arabia's new focus on making its sports investments profitable is raising questions about the future of LIV Golf.
Saudi Arabia has extended its condolences to Türkiye following a school incident in Kahramanmaraş.
LIV Golf has moved to reassure its players following rumors circulating about a potential withdrawal of Saudi backing. The organization is addressing concerns about its future funding and stability.
The future of LIV Golf is in doubt following reports that Saudi Arabia's Public Investment Fund (PIF) is considering ending its funding, potentially leading to the league's shutdown.