#publicinvestmentfund

  1. Golf bosses offer LIV Golf stars hope of major pathway after USPGA decision opens door

    By Matthew Neschis United States Golf Association CEO Mike Whan isn’t ruling out the formation of a direct pathway that would provide LIV Golf players access to the U.S. Open. But he doesn’t necessarily see the need for it, either. Golfers currently playing on the Saudi-backed leag
  2. Rory McIlroy calls for golf's 'Good Friday Agreement' after being locked out of LIV Golf talks

    By Sam Frost Rory McIlroy has confirmed he will not rejoin the PGA Tour Policy Board , being locked out of talks with LIV Golf bankroller, the Saudi Arabia Public Investment Fund (PIF). McIlroy resigned from the policy board in November amid growing frustration over the tour's direc
  3. Saudi PIF Mulls Bond Sales, IPOs For Mohammed Bin Salman's Trillion-Dollar Economic Transformation Project

    The Saudi Arabian Public Investment Fund (PIF) is contemplating an increase in bond sales and IPOs to finance the ambitious economic transformation project spearheaded by Crown Prince Mohammed bin Salman . What Happened : The PIF is considering a surge in debt sales or bank loans to
  4. From LIV Golf to Ronaldo and the ATP — will Saudi Arabia’s sports investments pay off? Business experts are doubtful.

    Countless superlatives have been used to describe Saudi Arabia’s ongoing foray into the arena of global sport. “Unprecedented,” “inconceivable” and “stunning” are just a few you could pick out of ESPN’s detailed history of the country’s sports investments, which have accelerated
  5. PGA Tour announces historic partnership with Liverpool owners as Saudi merger drags on

    By Charlie Wilson The PGA Tour have confirmed they have partnered with Fenway Sports Group and Liverpool owner John Henry to create the PGA TOUR Enterprises. This is set to allow nearly 200 PGA Tour members to become equity holders in the company - which could see their income rise
  6. Elon Musk Cozies Up To World Leaders, Lucid's Saudi Progress, Nikola Spikes After New COO Appointment: Biggest EV Stories Of The Week

    By Shanthi Rexaline Electric vehicle shares fell across the board this week, as the Federal Reserve hinted that its rate-tightening cycle hasn’t ended. Market leader Tesla, Inc. (NASDAQ: TSLA ) also reacted to analysts’ rerating of earnings estimates and factored in an anticipated t