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    Public Investment Fund of Saudi Arabia

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    • Wednesday, 3 August, 2022
      PGA Tour Inc.
      Phil Mickelson leads golf stars in antitrust lawsuit against PGA Tour

      Case is the latest point of friction in dominant US tour’s battle against Saudi-backed upstart LIV

    • Thursday, 14 July, 2022
      Aston Martin Lagonda
      Aston Martin to raise more than £500mn through Saudi fund and rights issue

      Luxury carmaker’s board to vote on proposal to bring in one of the world’s largest investors as a shareholder

    • Wednesday, 22 June, 2022
      Golf
      PGA Tour chief accuses breakaway LIV of trying ‘to buy game of golf’

      Prize money raised, but head admits he cannot compete in ‘arms race’ with Saudi cash as another star defects

    • Saturday, 11 June, 2022
      Sport
      Saudi Arabia’s $2bn swing at golf shakes up global game

      Kingdom’s oil riches fund breakaway league and spark allegations of sportswashing

    • Thursday, 9 June, 2022
      Golf
      PGA Tour suspends 17 golfers for joining Saudi rival LIV

      Phil Mickelson among those competing in lucrative new tournament

    • Wednesday, 8 June, 2022
      Gaming
      Saudi wealth fund takes $1bn stake in gaming group Embracer

      Public Investment Fund deepens games market push as 8% stake makes it second-biggest investor in Swedish company

    • Wednesday, 18 May, 2022
      Saudi Arabia’s PIF acquires 5% stake in Nintendo

      Sovereign wealth fund has already bought into Japan’s Capcom and Nexon

    • Sunday, 13 February, 2022
      Saudi Aramco
      Saudi government transfers 4% Aramco stake to sovereign wealth fund

      Injection worth about $80bn comes as PIF plans to raise public debt

    • Monday, 7 February, 2022
      Saudi Arabia’s Public Investment Fund assigned debut credit ratings

      State-owned $500bn fund prepares to raise public debt to fund spending and investment commitments

    • Sunday, 10 October, 2021
      The FT ViewThe editorial board
      Newcastle’s Saudi deal is shocking, not surprising

      The Premier League should spell out why the buyers are suitable owners

    • Friday, 8 October, 2021
      Newcastle United Football Co Ltd
      How a Saudi-led consortium won control of Newcastle United

      Deal for Tyneside football club was pitched on a megayacht on the Red Sea and overcame concerns about piracy and murder

    • Friday, 8 October, 2021
      FT AlphavilleJamie Powell
      Newcastle United’s capital expenditure crisis, charted

      How not to spend it.

    • Friday, 8 October, 2021
      Due Diligence
      Saudi Arabia’s Newcastle takeover proves money conquers all Premium content

      Plus, the tale of a $10tn Wall Street titan and the SoftBank-backed hotel start-up looking for its big break in India

    • Thursday, 7 October, 2021
      Football
      Saudi-led consortium completes £305m Newcastle United takeover

      Sovereign wealth fund overcomes piracy and human rights concerns to buy Premier League football club

    • Wednesday, 6 October, 2021
      Football
      Thaw between Saudis and Qatar raises hopes for Newcastle United deal

      Bid for football club collapsed last year after failing to win approval from the Premier League

    • Monday, 30 August, 2021
      News in-depthSaudi Arabia
      Saudi Arabia’s grandiose climate plans struggle to take off

      Sceptics question whether kingdom’s pledge to lead ‘next green era’ will be matched with tangible action

    • Thursday, 22 July, 2021
      Special purpose acquisition companies
      Investor no-show puts $24bn Lucid Motors Spac deal in jeopardy

      Crucial vote fails to rustle up enough support from retail shareholders for transaction

    • Friday, 16 July, 2021
      LexMcLaren Group Ltd
      McLaren/Saudi Arabia: IPO plans take a pit stop Premium content

      Carmaker says it is now well-positioned but making pricey sports car is an expensive business

    • Thursday, 24 June, 2021
      Reliance Industries Ltd
      Ambani’s Reliance appoints head of Saudi wealth fund to board

      Addition of PIF’s Rumayyan underscores efforts to remake family-run Indian conglomerate

    • Wednesday, 31 March, 2021
      Due Diligence
      Courting a prince: Lex Greensill’s adventures in Saudi Arabia Premium content

      It involved a desert camping trip and former British prime minister David Cameron

    • Tuesday, 30 March, 2021
      FT CollectionsGreensill Capital
      Lex of Arabia: how Greensill and Cameron tried to woo MBS

      Financier boasted of desert trip with former prime minister and Mohammed bin Salman

    • Thursday, 25 February, 2021
      ExplainerWorld13 min
      Saudi Arabia's mega-project: a 170km 'line' city through the desert

      A car-free city built in a straight line through a remote part of Saudi Arabia is MBS's grand plan. Will it succeed?

    • Wednesday, 24 February, 2021
      Due Diligence
      Lucid Spac deal makes Saudi wealth fund a big winner Premium content

      The kingdom’s Public Investment Fund cashes in on the blank-cheque boom

    • Tuesday, 9 February, 2021
      News in-depthSaudi Arabia
      Saudi Arabia’s central bank faces biggest overhaul in decades

      More of country’s petrodollar wealth likely to be used to back Mohammed bin Salman’s grandiose plans

    • Monday, 25 January, 2021
      Saudi wealth fund in talks to lure health and technology companies

      Public Investment Fund in push to have foreign groups set up operations in the kingdom

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