Tag: Saudi Arabia

PGA Tour Sues LIV Golf over MBS-Fund

PGA Tour Sues LIV Golf over MBS-Fund

The Wall Street Journal shed light, in a new report released this week, on the legal battle between PGA and LIV Golf backers, the Saudi Arabia Public Investment Fund, an entity controlled by the Saudi crown prince Mohamed bin Salman (MBS). A newly...

Saudi Wealth Fund Plans to Reduce its Stakes

Saudi Wealth Fund Plans to Reduce its Stakes

Saudi Arabia’s sovereign wealth fund is pushing ahead with plans to reduce its stakes in some of the kingdom’s biggest companies and raise billions of dollars for new investments, Bloomberg revealed on Friday. People familiar with the matter...

Foreign Investment into Saudi Arabia Sharply Declined

Foreign Investment into Saudi Arabia Sharply Declined

The Wall Street Journal revealed in a report issued this week that foreign investment in Saudi Arabia has been stubbornly low in recent years, despite Prince Mohammed’s efforts to restructure its economy. According to the US journal, international...