The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
Category: Saudi Arabia
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Lionel Messi, Soccer’s Most Coveted Free Agent, Picks Inter Miami
Days after he announced he would not return to Paris St.-Germain, Messi, Argentina’s World Cup hero, said his next stop would be Inter Miami of M.L.S.
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Lionel Messi, Soccer’s Most Coveted Free Agent, Picks Miami
Days after he announced he would not return to Paris St.-Germain, Messi, Argentina’s World Cup hero, said his next stop would be Inter Miami of M.L.S.
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Saudi Arabia’s LIV Golf Deal Is a Triumph That Transcends Sports
The deal to merge LIV Golf with the PGA Tour is a big win for the oil-rich kingdom, headlining a banner week that also includes a visit from the American secretary of state.
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PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.
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Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
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Analysis: LIV Golf-PGA Tour Merger Is About Profit Above All
The PGA Tour’s merger with LIV is the perfect union of the tour’s lack of principle and LIV’s paucity of character.
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PGA Tour and LIV Golf Agree to Deal to End Fight Over Sport
In a stunning announcement, the tour, along with the DP World Tour and Saudi Arabia’s sovereign wealth fund, said the rivals had agreed to create a “new, collectively owned, for-profit entity.”
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Through Ties to Saudis, Golf Deal Promises Benefits to Trump
The new alliance between the PGA Tour and LIV Golf is the latest example of how the former president’s relationship with Saudi Arabia has yielded gains, and criticism, for both.
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PGA Tour and LIV Golf Will Merge, Ending Battle to Control the Sport
In a stunning announcement, the tour, along with the DP World Tour and Saudi Arabia’s sovereign wealth fund, said the rivals had agreed to create a “new, collectively owned, for-profit entity.”
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Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further for at least a month.
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Saudi Soccer League Creates Huge Fund to Sign Global Stars
A coordinated effort financed by the kingdom’s Public Investment Fund is offering huge paydays to some of the sport’s biggest stars if they join Saudi Arabia’s best teams.