Saudi Arabia’s Public Investment Fund (PIF) has announced the successful completion of a $4bn Reg S bond issuance. The proceeds will be used for general corporate purposes. The international ...

The event is aligned with the directions of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of PIF, to engage local and international ...

Saudi Arabia’s Public Investment Fund (PIF) said on Wednesday that it is selling business services firm Thiqah to Elm for $907m (SAR3.4bn) as the wealth fund seeks to boost its coffers to ramp ...

Financial filings from LIV Golf's United Kingdom arm showed that revenues increased in 2023, the league's first full season, but losses are "piling up at a staggering rate," which has led the PIF ...

The 25-year-old LPGA player returns to the Middle East this week as one of the favourites taking part in the PIF Saudi Ladies International from February 13-15 at Riyadh Golf Club, approaching the ...

Julio Cesar Valdera Morales is a Newsweek contributor based in Spain. His focus is golf as well as politics and economics. Julio has been with Newsweek since February, 2025 and previously ...

Elm signed a cash-based share purchase agreement with sovereign wealth fund PIF to acquire Thiqah following discussions that started in 2023, it said in a bourse statement. The company offers ...

When asked about it on Wednesday at a press conference in Adelaide, O'Neil sees opportunity for LIV Golf because of the potential investment from PIF, which funds LIV Golf, in the PGA Tour.

February 13 - Scott O'Neil, newly on the job as LIV Golf's chief executive officer, is taking an optimistic view on his circuit's future. The Public Investment Fund of Saudi Arabia, LIV's ...

In his press availability Wednesday, Monahan hinted that the PGA Tour and the PIF are finally on the verge of getting somewhere but was careful not to put a timeline on the reunification of the game.

Elm said it would fund the transaction through its own resources and facilities. PIF, as the Saudi fund is known, owns a 67% stake in Elm after it sold shares in the company to the public in 2022.

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is marketing a US dollar three-year and nine-year bond offering at initial price thoughts (IPT) of US Treasuries (UST) plus 125 ...