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The Latest Breaking News from PIF

Messi's father refutes rumours of deal to play in Saudi Arabia

Lionel Messi has not "signed or agreed" a deal to play in Saudi Arabia next season, the Argentine's father said after reports on Tuesday linked the Paris St Germain forward with a move to the Middle East.

France 24

Bankers' pay is booming in Saudi Arabia

DUBAI: Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.

Bangkok Post

Newcastle United edge closer to major sponsor deal ahead of Fun88 swansong

Newcastle United will be wearing a new sponsorship on their shirts next season

Chronicle Live

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Agreement Signed to Establish Saudi Arabia’s 1st Integrated Steel Plate Manufacturing Complex

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel conglomerate, and the Public Investment Fund (PIF) signed on Monday a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

Asharq Al-Awsat

Newcastle's owners told they 'must prove themselves' amid KV Oostende links and Brighton blueprint

The Magpies' owners have been linked with a takeover at the Belgian side

Chronicle Live

Premier League investigating Newcastle’s Saudi-led takeover – Aston Villa chief

Court documents published in February described Newcastle chairman Yasir Al Rumayyan as a sitting minister of the Saudi government.

The Independent UK

Why Saudi Arabia Transfered 4% of Aramco Shares to PIF Subsidiary?

Saudi Arabia's Crown Prince Mohammed bin Salman announced Sunday the transfer of a 4% stake of the oil giant Saudi Aramco to Sanabil Investments, a subsidiary of the kingdom's Public Investment Fund (PIF). Experts interviewed by Asharq Al-Awsat said the move supports PIF’s flexibility in capturing local and global investment…

Asharq Al-Awsat

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Saudi prince gives 4% Aramco stake to public investment firm

Saudi Arabia’s crown prince has announced the transfer of a 4% stake of the oil giant Saudi Aramco to a subsidiary of the kingdom’s sovereign wealth fund

The Independent UK

Saudi Crown Prince Announces Completion of 4% of Aramco Shares Transfer to Sanabil Investments

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister announced on Sunday the completion of the transfer of 4% of Saudi Aramco's total issued shares from the State's ownership to the Saudi Arabian Investment Company (Sanabil Investments), a wholly owned company of the Public Investment Fund…

Asharq Al-Awsat

LIV Golf takes yet another legal blow in United States court, must comply with documents and witnesses for depositions

Last month a judge ruled that depositions could be conducted in Riyadh, but the new ruling sets them in New York.

USA Today Sports Media Group

Newcastle chief Yasir Al-Rumayyan ordered to testify in court case that prompted takeover backlash

Newcastle United chairman Yasir Al-Rumayyan and Saudi Arabia's Public Investment Fund are in the middle of a US lawsuit between two golf organisations

Chronicle Live

Emails reveal UK Government involvement in Newcastle United's Saudi takeover

Emails obtained suggest the UK government may have applied pressure on the Premier League to positively influence the PIF's takeover

FourFourTwo

UK Government emails reveal Newcastle United takeover concerns and involvement with Saudis

Newcastle United's £300m takeover is back in the headlines after emails appear to show the UK Government actively trying to influence the deal

Chronicle Live

Saudi Arabia discloses investment in dozens of VCs

Saudi Arabia has invested in technology and other sectors in a bid to diversify the country’s economy away from oil.

Fortune

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Daily Mirror

Newcastle vs Man Utd takeover Q&A: Theories debunked and deciphering the changes

In a week where the Premier League refused to say if Newcastle's owners are being investigated, there were more warnings against Manchester United's potential takeover from a Qatari group

Golf Monthly

Why LIV Golf Court Case Could Force The Premier League To Remove Newcastle United's Owners

The LIV Golf court case with the PGA Tour could have Newcastle in trouble after describing the owners as part of the Saudi government

Chronicle Live

Takeover lawyer Nick De Marco has say on where Newcastle United stand in aftermath of LIV Golf case

Newcastle United's ownership was again called into question in Westminster this week

FourFourTwo

WATCH: Could the Premier League REALLY remove Newcastle's owners?

Newcastle's owners are under scrutiny following a court case – here's why the Premier League could remove them

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FourFourTwo

Newcastle United face fresh government scrutiny, but Premier League chief 'cannot really comment' on if Saudi ownership is being re-examined

Claims about Saudi Arabia's involvement in the running of Newcastle have resurfaced following an American court case

Manchester Evening News

Newcastle serve Manchester United a takeover warning amid potential Premier League investigation

Man United's takeover process is continuing but Newcastle's situation highlights potential issues

The Guardian - UK

Premier League offers no comment on whether Newcastle face investigation

The chief executive of the Premier League has told MPs he cannot comment on whether Newcastle’s links with Saudi Arabia are being reinvestigated in light of a recent US court case

The Independent UK

Premier League ‘can’t comment’ on whether Newcastle probe is taking place

Richard Masters, the chief executive of the Premier League, said he was “aware” of court documents published in the United States last month.

Chronicle Live

Richard Masters quizzed over potential Premier League investigation into Newcastle United takeover

Premier League chief executive Richard Masters has been asked about a potential investigation into the takeover of Newcastle United

Golf Monthly

'I'm Not Tiger Woods' - Pieters Happy To Trade Legacy For 'Financially Amazing' LIV Move

Thomas Pieters describes PGA Tour life as 'lonely' and defends LIV Golf move for the happiness of his family

Asharq Al-Awsat

Moody's Changes Saudi PIF's Outlook to Positive

Moody's has changed its outlook on Saudi Arabia’s Public Investment Fund (PIF) from "stable" to "positive" and affirmed its long-term issuer and senior unsecured ratings at A1. According to the performance evaluation, the rating reflects PIF's standalone creditworthiness as expressed by a BCA of A1.

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