![Kravis-Backed ‘Friends of Golf’ Group Drops PGA Pursuit](/i/c/b94db19b-108b-6bbf-0d32-2d40ad0aac7d.webp)
Kravis-Backed ‘Friends of Golf’ Group Drops PGA Pursuit
A consortium dubbed “Friends of Golf” featuring billionaires Henry Kravis and George Roberts has dropped its pursuit of
2023-12-01 02:46
![Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle](/i/c/e051faff-8be8-72dc-f3bc-f2fa6e849c8c.webp)
Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a
2023-11-29 15:55
![Saudi PIF Raises Up to $5 Billion Loan With Korea Export Agency](/i/c/89db952a-c243-49d3-3a53-4d85b4561393.webp)
Saudi PIF Raises Up to $5 Billion Loan With Korea Export Agency
Saudi Arabia’s sovereign wealth fund raised a loan of up to $5 billion from a group of nine
2023-11-28 15:48
![PGA Tour Says It Will Offer Equity Ownership to Players](/i/c/c6ba6991-c1bd-3397-1e7b-b7501f3b4d3f.webp)
PGA Tour Says It Will Offer Equity Ownership to Players
The PGA Tour said on Tuesday that it will offer professional golfers direct ownership in an entity being
2023-11-15 05:21
![Saudi Arabia’s PIF Taps Advisers for Its Debt Exposure to Signa](/i/c/cc98316a-4983-9262-e6ee-9c3f717bea26.webp)
Saudi Arabia’s PIF Taps Advisers for Its Debt Exposure to Signa
Saudi Arabia’s sovereign wealth fund has tapped law firm Latham & Watkins LLP to advise on the lending
2023-11-08 02:27
![PIF-Backed Medical Procurement Firm Nupco Plans Saudi IPO](/i/c/c0dd6c37-497d-6a6f-bbc6-0e7cf0e57b68.webp)
PIF-Backed Medical Procurement Firm Nupco Plans Saudi IPO
Saudi Arabia’s sovereign wealth fund is exploring an initial public offering of the kingdom’s largest medical procurement firm,
2023-10-23 16:46
![Saudi PIF Developer Lines Up $2.7 Billion for Building Spree](/i/c/e8cf655b-cbec-2d3b-2b12-81badbb5a70a.webp)
Saudi PIF Developer Lines Up $2.7 Billion for Building Spree
Roshn Real Estate Co., one of Saudi Arabia’s largest master developers, has lined up about 10 billion riyals
2023-09-14 14:49
![PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO](/i/c/3dcbe70d-b7e3-05a3-4d97-54b1b049249d.webp)
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
2023-09-10 14:57
![Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal](/i/c/03c868bc-ee46-3b4a-cadf-cc7f08010ab3.webp)
Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:28
![New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree](/i/c/80ae96f8-733e-0a31-288d-4d0a4c5e1bc6.webp)
New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:56
![Saudi Arabia Signals Interest in Champions League Football Entry](/i/c/776821fd-e5e8-1705-bec3-ff118e48b83c.webp)
Saudi Arabia Signals Interest in Champions League Football Entry
Saudi Arabia is interested in discussions about joining Europe’s top football club tournament, the Champions League, as the
2023-08-27 14:51
![Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech](/i/c/cfff627d-f103-9eb9-f2f7-d39a5da1849b.webp)
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:18