Saudi Public Fund Withdraws Funding for LIV Golf
Saudi Arabia's Public Investment Fund (PIF) has officially withdrawn its funding for the LIV Golf tour, ending its significant financial backing after years of substantial investment. This decision leaves the breakaway golf league seeking new partners and facing an uncertain future.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (100/100)Sources
Why the UAE and Saudi Arabia Have Drifted Apart - Bloomberg.com
Why the UAE and Saudi Arabia Have Drifted Apart Bloomberg.com
Read full article →Inevitable outcome arrives for LIV Golf as Saudis officially pull plug on funding
The Saudi PIF announced it will no longer fund LIV Golf beyond the 2026 season, raising major questions about the league's long-term survival.
Read full article →Saudi Arabia's public fund to withdraw LIV Golf funding
Public Investment Fund cites "current macro dynamics" as it slashes funding for breakaway golf tour. LIV isn't the only casualty of changing Saudi "investment priorities" amid economic turmoil and war in the Middle East.
Read full article →Saudi Arabia’s PIF confirms LIV Golf funding to stop after 2026 season
The decision casts doubt over the long-term future of the breakaway league.
By Andy Hampson
Read full article →7 Questions About LIV After Saudis Pull Funding
LIV’s 2026 season is scheduled to run through August.
Read full article →Saudi Arabia executes Iraqi nationals convicted in northern border drug smuggling case
Saudi Arabia has executed several Iraqi nationals. They were convicted of attempting to smuggle narcotics into the kingdom. The executions followed a thorough legal process. Saudi authorities are intensifying their crackdown on drug trafficking. This campaign targets organized criminal networks. The kingdom vows to impose strict punishments against smugglers.
By TOI World Desk
Read full article →Saudi Arabia To Stop Funding LIV Golf – Report
The future of LIV Golf has been thrown in doubt after a report that Saudi Arabia’s Public Investment Fund (PIF) will stop financing the tour. According to the BBC, the multi-billion dollar backing will be withdrawn at the end of current season, potentially posing issues for the likes of Fox Sports, which broadcasts and streams […]
By Jesse Whittock
Read full article →Opinion: Opinion | Can Saudi Arabia, Now Alone At The Top, Manage To Keep Oil Stable?
With the UAE's exit, Saudi Arabia will remain the only swing producer with sufficient spare capacity to exert market influence and respond to supply shocks. This will constrain the grouping's leveraging power.
Read full article →LIV Golf appoints independent board, targets new investors after loss of Saudi backing
Read full article →Saudi Arabia set to end financial backing of LIV Golf next season - Gulf News
Saudi Arabia set to end financial backing of LIV Golf next season Gulf News
Read full article →Future of insurance in Saudi Arabia: building resilience through ESG and innovation - Arab News
Future of insurance in Saudi Arabia: building resilience through ESG and innovation Arab News
Read full article →LIV Golf looking for new partners
Saudi Arabia reportedly will stop financing at the end of the season
By AFP
Read full article →Saudi Arabia Introduces New Organizational Measures for Hajj 1447H
The Moroccan Ministry of Endowments and Islamic Affairs has communicated a set of new organizational measures adopted by the competent authorities in Saudi Arabia to regulate the performance of the Hajj pilgrimage for the 1447H season. The post Saudi Arabia Introduces New Organizational Measures for Hajj 1447H appeared first on Morocco World News.
By Asmae Daoudi
Read full article →
