LIV Golf Vendors Unpaid Amid Funding Concerns
Vendors for LIV Golf are reportedly unpaid as the league struggles to stay afloat, with its funding from the Saudi PIF expected to end this month.
Results for "Saudi PIF"
32 stories found
TechnologyBBCbloombergNYT+74FTle-mondewapoThe GuardianAl Jazeeradr-dknrknzz+66 more27d ago77 sources
EU Fines Google €890 Million for Anti-Competitive Practices
The European Commission has fined Google €890 million ($1 billion) for abusing its market dominance by favoring its own apps over rivals, a decision that risks angering the US. Google has stated that the EU law harms consumers and businesses.
Saudi PIF Nears EU Approval for Electronic Arts Deal
Sources indicate that Saudi Arabia's Public Investment Fund (PIF) is expected to receive EU approval for its deal with Electronic Arts under subsidy rules.
Saudi PIF Reportedly Underfunding LIV Golf Operations
A report indicates that Saudi Arabia's Public Investment Fund (PIF) has only provided a third of the necessary funding for LIV Golf to operate through the end of the year, delivering $200 million of the required $600 million.
Saudi PIF's Interest in Newcastle United Clarified Amid Exit Rumors
Reports clarify that Saudi Arabia's Public Investment Fund (PIF) remains actively involved in Newcastle United, despite speculation about their potential exit from the club.
Saudi PIF Establishes Shanghai Office for China Investments
Saudi Arabia's Public Investment Fund (PIF) has opened an office in Shanghai, aiming to facilitate increased dealmaking and investments in China.
Saudi PIF's Shift in Approach Impacts Newcastle United
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.
LIV Golf's 2026 Season to Proceed Amid Uncertainty Over Saudi PIF Involvement
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.
Saudi PIF reconsiders support for LIV Golf amid Iran war investment rethink
Saudi Arabia's Public Investment Fund (PIF) is reportedly on the verge of cutting support for the loss-making LIV Golf tour, as the ongoing Iran war prompts a reevaluation of its investment strategies.
Lucid Motors Secures $750M Funding, Appoints New CEO
Electric vehicle maker Lucid Motors has secured $750 million in new funding, including investments from Uber and Saudi Arabia's Public Investment Fund. The company also announced the appointment of Silvio Napoli as its new CEO.
ByteDance to Sell Gaming Unit Moonton to Saudi PIF-Owned Firm
ByteDance is reportedly in the process of selling its gaming unit, Moonton, to a firm owned by Saudi Arabia's Public Investment Fund.
Saudi PIF's $55 Billion EA Deal Receives EU Approval
The Saudi Public Investment Fund's (PIF) $55 billion deal with Electronic Arts (EA) has secured approval from the European Union under its subsidy rules.
Saudi PIF's $55 Billion EA Deal Approved by EU Merger Rules
The European Union has approved the Saudi Public Investment Fund's $55 billion deal to acquire Electronic Arts under its merger regulations.
Petition Against Saudi PIF's EA Acquisition Exceeds 70,000 Signatures
A petition to block Saudi Arabia's Public Investment Fund from acquiring Electronic Arts has garnered over 70,000 signatures, indicating widespread unpopularity for the potential buyout.
Saudi PIF Injects New Cash into Sports Project After LIV Golf Funding Cut
Weeks after announcing it would only fund LIV Golf for the remainder of the season, the Saudi Public Investment Fund (PIF) has provided a new cash injection to a different sports project.
Worldbloombergrzeczpospolitadelfi-lt+19Yahoodnevnik-bghotnewsTimes of Indiahindustan-timesstraits-timesDawnjerusalem-post+11 more3mo ago22 sources
Pakistan Deploys Thousands of Troops, Fighter Jets to Saudi Arabia
Pakistan has deployed thousands of troops and a squadron of fighter jets to Saudi Arabia. This move comes amid regional tensions and is reportedly in preparation for potential threats from Iran.
UAE Considers OPEC Withdrawal, Raising Concerns for Alliance
The United Arab Emirates is reportedly considering withdrawing from OPEC, a move that analysts suggest could weaken the oil cartel and signal a broader realignment within the Gulf region. This potential exit has been anticipated and could have significant implications for global oil markets.
Saudi PIF Reportedly Considering Scaling Back LIV Golf Investment; CEO Addresses Funding
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.
Saudi PIF Reportedly Nearing End of LIV Golf Support
Saudi Arabia's Public Investment Fund (PIF) is reportedly on the verge of significantly reducing or cutting its financial support for LIV Golf.
Saudi PIF Board Approves 2026-2030 Strategy
The Public Investment Fund (PIF) board, chaired by the Crown Prince, approved its strategic plan for the years 2026 to 2030.
Lucid Motors Names CEO, Secures $750 Million from Saudi PIF and Uber
Lucid Motors has appointed a new CEO and received an additional $750 million in funding commitments from Saudi Arabia's Public Investment Fund and Uber.
Saudi PIF Appoints Insider for Investment Strategy
Saudi Arabia's Public Investment Fund (PIF) is reportedly selecting an insider to lead its investment strategy.
Saudi PIF's $55 Billion EA Deal Approved by EU Under Subsidy Rules
The European Union has approved the Saudi Public Investment Fund's (PIF) $55 billion deal with EA, adhering to subsidy regulations.
Business1mo ago
Exclusive-Saudi PIF set to win EU nod for Electronic Arts deal under subsidy rules, sources say
Saudi PIF to Invest Over €10 Billion in European Tech
Saudi Arabia's Public Investment Fund (PIF) is set to invest over €10 billion in European tech, with France alone expecting €13 billion in private investments to support its tech sector. This initiative aims to boost European technology and innovation.
Saudi PIF to Sell 25% Stake in Newcastle United
Saudi Arabia's Public Investment Fund (PIF) is reportedly preparing to reduce its stake in Newcastle United by selling up to 25% of its shares in the club.
CultureAPReutersBBC+35le-mondeThe GuardianNPRAl JazeeraDWglobe-and-maille-figaroFrance 24+27 more3mo ago38 sources
FIFA World Cup: Squad Selections and Tournament Updates
Various news and developments are emerging around the FIFA World Cup, including squad announcements for teams like Haiti and Tunisia, and updates on broadcast deals in China and India. Additionally, there are discussions about a Super Bowl-style halftime show and political backing for Iran's participation.
Saudi PIF's Evolving Strategy Sends Tremors Through Global Sports
Saudi Arabia's Public Investment Fund (PIF), initially aiming to disrupt the sports world, has reportedly shifted its approach, causing significant ripples across various sports. The fund's actions are particularly being analyzed for their implications on entities like Newcastle.
LIV Golf Future Uncertain Amid Saudi Funding Doubts
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.
Saudi PIF Reportedly Nearing Cut in Funding for LIV Golf League
According to reports from the Financial Times, Saudi Arabia's Public Investment Fund (PIF) is close to reducing its financial backing for the LIV Golf League.
Saudi PIF Governor Confirms No NEOM Projects Cancelled
The governor of Saudi Arabia's Public Investment Fund (PIF) has stated that no projects within the ambitious NEOM development have been cancelled, addressing recent speculation.
Saudi PIF Refutes Reports of Imminent Newcastle United Sale
Saudi Arabia's Public Investment Fund (PIF), owners of Newcastle United, has reportedly refuted speculation about a potential £1 billion sale of the club, stating they have no intention of selling.