Saudi Arabia's PIF Poised to Make a Major Investment in PGA Tour Enterprises
13 days ago
In a significant move that could reshape the landscape of professional golf, Saudi Arabia's Public Investment Fund (PIF) is reportedly nearing a deal to invest in PGA Tour Enterprises. This anticipated partnership comes amid ongoing discussions regarding the future direction of golf and the increasing influence of financial power from the Middle East.
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Chauffeur Firm Blacklane Secures Investment from Saudi Arabia's PIF in Latest Funding Round
2 months ago
Blacklane, a global chauffeur service provider, has successfully attracted investment from the Public Investment Fund (PIF) of Saudi Arabia during its recent funding round. This strategic financial backing not only underscores the rising interest in premium transportation services but also highlights the PIF’s ongoing efforts to diversify its portfolio as part of its broader economic vision.
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