Topic - Public Investment Fund

The Public Investment Fund (PIF) is a sovereign wealth fund owned by Saudi Arabia, founded for the purpose of investing funds on behalf of the Government of Saudi Arabia. The PIF has a portfolio made up of approximately 200 investments, of which around 20 are listed on Tadawul, the Saudi Stock Exchange. - Source: Wikipedia

Related Stories

FILE - Serena Williams, of the United States, talks with her daughter Olympia and husband Alexis Ohanian after defeating Danka Kovinic, of Montenegro, during the first round of the U.S. Open tennis championships, Aug. 29, 2022, in New York. (AP Photo/Charles Krupa, File)

Paid maternity leave for tennis pros to be funded by tour’s Saudi partners

By Howard Fendrich - Associated Press

Ludvig Åberg, of Sweden, right, speaks with Tiger Woods after winning the Genesis Invitational golf tournament Sunday, Feb. 16, 2025, in San Diego. (AP Photo/Gregory Bull)

Woods expects golf to ‘heal quickly’ when PGA Tour reaches deal with Saudis

By Doug Ferguson - Associated Press

Sung Kang, of South Korea, hits a shot off of the 10th hole during the first round of the AT&T Byron Nelson golf tournament in McKinney, Texas, on Thursday, May 12, 2022. (AP Photo/Emil Lippe, File)

PGA Tour to consider big changes to eligibility and small field sizes

By Doug Ferguson - Associated Press

England's Tyrrell Hatton tees off the 4th , during day three of the Alfred Dunhill Links Championship at the Old Course, St. Andrews, Scotland, Saturday, Oct. 5, 2024. (Robert Perry/PA via AP)

Hatton ties St Andrews record to lead Dunhill Links but Monahan and Al-Rumayyan miss the cut

Associated Press

FILE - Scottie Scheffler speaks after winning the Masters golf tournament at Augusta National Golf Club Sunday, April 14, 2024, in Augusta, Ga. (AP Photo/George Walker IV)

Scheffler, DeChambeau part of PGA Tour vs. LIV Golf match in Las Vegas

By Doug Ferguson - Associated Press

Tiger Woods speaks during a news conference at the PGA Championship golf tournament at the Valhalla Golf Club, Tuesday, May 14, 2024, in Louisville, Ky. (AP Photo/Sue Ogrocki)

Tiger Woods still deciding if he has time to be Ryder Cup captain

By Doug Ferguson - Associated Press

Tiger Woods tees off on the second hole during the Genesis Invitational pro-am golf event at Riviera Country Club, Wednesday, Feb. 14, 2024, in the Pacific Palisades area of Los Angeles. (AP Photo/Ryan Kang)

Tiger Woods is wearing many hats at Riviera. He just doesn’t have many answers

By Doug Ferguson - Associated Press

Committee chairman Sen. Richard Blumenthal, D-Ct., speaks during a homeland security and governmental affairs subcommittee hearing on Capitol Hill Wednesday, Sept. 13, 2023, regarding the proposed PGA Tour-LIV Golf partnership. (AP Photo/Amanda Andrade-Rhoades)

Senate panel wants cooperation from Saudis in proposed deal with PGA Tour

By Doug Ferguson - Associated Press

Tiger Woods, left, congratulates his son Charlie Woods, right, after finishing the 18th hole during the first round of the PNC Championship golf tournament Saturday, Dec. 17, 2022, in Orlando, Fla. Woods and his son are returning to play in this year's tournament for the fourth straight year. (AP Photo/Kevin Kolczynski, File)

Tiger Woods sounds more optimistic about his game than a Saudi deal getting done on time

By Doug Ferguson - Associated Press

Newcastle United's Sandro Tonali, right, scores their side's first goal of the game during the Premier League soccer match between Newcastle United and Aston Villa at St. James' Park, Newcastle upon Tyne, England, Saturday Aug. 12, 2023. (Owen Humphreys/PA via AP)

Saudi Arabia-owned Newcastle to host two friendlies for kingdom’s national team ahead of Asian Cup

Associated Press

Signage for LIV Golf is displayed during the pro-am round of the Bedminster Invitational LIV Golf tournament in Bedminster, NJ., Thursday, July 28, 2022. The most disruptive year in golf ended Tuesday, June 6, 2023, when the PGA Tour and European tour agreed to a merger with Saudi Arabia's golf interests, creating a commercial operation designed to unify professional golf around the world.(AP Photo/Seth Wenig, File)

Players returning from LIV Golf is part of Saudis’ agreement with PGA Tour

By Doug Ferguson - Associated Press

UEFA president Aleksander Ceferin hands the trophy to Manchester City's team captain Ilkay Gundogan after they won the Champions League final soccer match between Manchester City and Inter Milan at the Ataturk Olympic Stadium in Istanbul, Turkey, Sunday, June 11, 2023. Manchester City won 1-0. (AP Photo/Francisco Seco)

UEFA president Ceferin dismisses idea of threat to European soccer from big-spending Saudis

By Graham Dunbar - Associated Press

Signage for LIV Golf is displayed during the pro-am round of the Bedminster Invitational LIV Golf tournament in Bedminster, NJ., Thursday, July 28, 2022. The most disruptive year in golf ended Tuesday, June 6, 2023, when the PGA Tour and European tour agreed to a merger with Saudi Arabia's golf interests, creating a commercial operation designed to unify professional golf around the world.(AP Photo/Seth Wenig, File)

LIV Golf, PGA Tour file joint motion to dismiss lawsuits

By Doug Ferguson - Associated Press

FILE - Justin Bieber performs at the MTV Video Music Awards in Los Angeles on Aug. 30, 2015. The fiance of slain Saudi critic Jamal Khashoggi joined a chorus of voices on Sunday, Nov. 21, 2021, calling on pop star Justin Bieber to cancel his concert in Saudi Arabia next month.(Photo by Matt Sayles/Invision/AP, File)

Saudi critic’s fiancee urges Justin Bieber to cancel F1 show

By Aya Batrawy - Associated Press

FILE - In this Wednesday, June 24, 2020 file photo, empty seats during the English Premier League soccer match between Newcastle United and Aston Villa at St James' Park stadium in NewCastle, England. Saudi Arabia’s sovereign wealth fund has withdrawn its bid to buy English Premier League club Newcastle after the process was stalled by concerns about piracy by the kingdom and human rights complaints. The league has spent four months considering whether to approve the 300 million pound takeover that would have seen Saudi Arabia’s Public Investment Fund gain an 80% take in the northeast club. (Lindsey Parnaby/Pool via AP, File)

EPL denies Newcastle’s claim Saudi-led takeover was rejected

By ROB HARRIS - Associated Press