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 02:45
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 15:58
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 15:53
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 05:27
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 02:26
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 16:58
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 14:54
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 14:46
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 16:29
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 13:52
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 14:54
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 23:29