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Tag: Saudi Arabia

Posted on June 8, 2023

PGA Tour merger with Saudi Arabia’s PIF: Nine burning questions that remain amid golf world shakeup

The earth-shattering news that the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund plan to merge, which stunned the sports world on Tuesday, is still fresh. It has left those that …
Posted on June 8, 2023

With LIV-PGA deal, Saudi Arabia’s crown prince makes dramatic move to extend kingdom’s influence

Tuesday’s surprise announcement of a commercial merger between Saudi Arabia’s sovereign wealth fund and the PGA Tour looks to end a messy legal battle between the two rivals.
Posted on June 8, 2023

First golf, now football? Saudi Arabia’s grand plan and the 72 hours that changed everything

The sportswashing scheme took another step forward with the LIV Golf-PGA merger but Saudi Arabia has bigger plans, writes Miguel Delaney
Posted on June 8, 2023

IMF says Saudi Arabia growth to slow to 2.1% in 2023 on oil production cuts

The International Monetary Fund (IMF) expects growth in Saudi Arabia to slow to 2.1% in 2023 on the back of OPEC+ production cuts announced in April, it said in a statement on Wednesday, lower than its latest forecast released in May.
Posted on June 7, 2023

A Saudi Prince Is Selling Their $75M Bel-Air Mansion – Take the Tour

the property is apparently currently owned by a member of the Saudi royal family. Dirt suggests it could be His Royal Highness, Prince Saud bin Abdulaziz Al Saud, who sources say could be a direct descendent of Saudi Arabia’s late King Fahd, who was a …

( read original story …)



Posted on June 7, 2023

The PGA Tour Couldn’t Resist Saudi Arabia’s Money

When PGA Tour Commissioner Jay Monahan was asked last year about his indefinite su spension of 17 players for joining the rival LIV Golf league, Monahan chastised the golfers for choosing money over …
Posted on June 7, 2023

Saudi Arabia’s non-oil business activity eases in May on slower output

Non-oil business activity in Saudi Arabia slowed in May, a monthly survey showed, as the pace of growth for both output and new orders eased.
Posted on June 7, 2023

Saudi-PGA golf deal a stunning turnaround for once-shunned Crown Prince Mohammed

After years of isolation over his human rights abuses, Saudi Arabia’s crown prince is elevating his standing in the United States in part by diving into American sports, business and culture …
Posted on June 7, 2023

Saudi Arabia’s non-oil business activity eases in May on slower output

Non-oil business activity in Saudi Arabia slowed in May, a monthly survey showed, as the pace of growth for both output and new orders eased.
Posted on June 7, 2023

With Saudi-PGA deal, once-shunned crown prince makes dramatic move to extend kingdom’s influence

After years of isolation over his human rights abuses, Saudi Arabia’s crown prince is elevating his standing in the United States in part by diving into American sports, business and culture …

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