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The Latest Breaking News from PIF

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.

Asharq Al-Awsat

LIV rebel was "lonely" on PGA Tour as he blasts backlash to "financially amazing" series

Thomas Pieters was one of LIV Golf's biggest signings this winter ahead of an increased 14-event series and the Belgian has already been reaping the financial benefit

Daily Mirror

Thomas Pieters explains reasons for joining LIV Golf, his thoughts on Saudi Arabia’s involvement and his true feelings about the PGA Tour

Pieters joined Barstool Sports’ golf podcast to discuss LIV Golf, the PGA Tour and much more.

USA Today Sports Media Group

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Samoan Prime Minister Fiame Naomi Mata'afa warns China not the only outside power looking to increase their presence in Pacific

During a visit to Canberra, Samoan Prime Minister Fiame Naomi Mata'afa warns that China is not the only major power that may want to secure further military access to the Pacific "under the guise of protecting assets".

ABC News

Saudi PIF to Inject $266 Bn into New Projects

The Saudi Public Investment Fund invested nearly $1.3 billion in four national companies in the contracting sector during the last period, announced Governor Yasser al-Rumayyan. Rumayyan announced the establishment of a general department for national development to determine the strategic directions in economic development and measuring impact. The group launched…

Asharq Al-Awsat

Newcastle United owners announce new company with early suggestions of club sponsor tie up

Newcastle United will be in the hunt for a new sponsor at the end of the season

Chronicle Live

Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit

The world's biggest oil company has announced it made $161 billion in profits in 2022, a whopping figure for the corporation and its main shareholder, the Saudi government.

WEKU

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Saudi Crown Prince Announces 'Riyadh Air'

Saudi Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Public Investment Fund (PIF), announced on Sunday the establishment of “Riyadh Air,” a PIF wholly-owned company.

Asharq Al-Awsat

Newcastle takeover lawyer Nick De Marco responds to Premier League calls to 're-examine' £300m deal

Nick De Marco represented Newcastle United during their legal battle with the Premier League over the takeover and the lawyer has addressed new calls to 're-examine' the deal

Chronicle Live

More pressure put on Premier League to 're-examine' Newcastle takeover assurances by PIF

PIF's £300m takeover of Newcastle United is back in the headlines

Chronicle Live

Simon Jordan says 'preposterous' Newcastle takeover will never have complete transparency

Newcastle United's ownership has been under the spotlight once again

Chronicle Live

Wong backing Waqa as PIF secretary general

Australia is backing the Pacific's consensus appointment of Baron Waqa as the next Pacific Islands Forum secretary general.

AAP

Newcastle being owned by a nation state: how is this accepted and normalised?

The current state of affairs is unsustainable with foreign countries buying up clubs and taking a seat of power in the national game

The Guardian - UK

Eyes on Magpies: Newcastle face up to the challenge of leap into next phase

Eddie Howe must handle the extra Amazon cameras documenting Newcastle’s season but all his focus is on challenging elite clubs

The Guardian - UK

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Football London

Eddie Howe makes Newcastle owners admission as Premier League clubs demand talks over structure

Premier League clubs have been left angered by recent US court documents regarding Newcastle chairman Yasir al-Rumayyan

Asharq Al-Awsat

Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Int’l Markets

Japan’s Marubeni Corp. has agreed to study clean hydrogen production in Saudi Arabia together with the Kingdom’s sovereign Public Investment Fund (PIF). Saudi Arabia, a leading oil-producing nation and a key player in the Organization of the Petroleum Exporting Countries, is looking to add other types of energy sources, including…

The Guardian - UK

Firmino heads for Liverpool exit, Newcastle face fresh ownership questions – as it happened

Roberto Firmino revealed he won’t be staying on at Liverpool as Eddie Howe faced more questions about Newcastle’s ownership

Daily Mirror

Newcastle chief Amanda Staveley on calls to investigate Saudi ownership and Man Utd bid

Newcastle United's takeover by Saudi Arabaia's Public Investment Fund is back under the spotlight after a claim in a US court case surrounding the LIV Golf tour

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ABC News

Baron Waqa's tenure as Nauru's president has been called a 'very dark chapter'. He'll now lead the Pacific Islands Forum

The controversial choice of former Nauruan president Baron Waqa as the Pacific Islands Forum's next secretary-general is attracting criticism from human rights groups and former political opponents.

Chronicle Live

The 'real Northern powerhouse' – Newcastle Labour leader hails NUFC fans who took over London

Labour chief Nick Kemp said that scenes of the Geordie faithful descending on the capital for the Caraboa Cup final were "incredible and inspiring"

Chronicle Live

LIV, PGA and how a US court case saw Newcastle United takeover back in the headlines

Newcastle United's 2021 takeover is back in the headlines due to a legal dispute between LIV Golf and the PGA Tour

The Independent UK

Premier League urged to review Saudi-Newcastle deal

The Premier League has been urged to review a legally binding promise made by the owners of English soccer club Newcastle in 2021 that Saudi Arabia’s sovereign wealth fund was separate from the country's government

Chronicle Live

The 15-year plan in place at Newcastle United as Staveley talks PIF's 'long-term' credentials

Newcastle United co-owner Amanda Staveley says there is a long-term plan in place at St James' Park

Chronicle Live

Newcastle United backlash from Premier League unlikely after calls to "re-examine" takeover

Newcastle United have already legally assured the Premier League that they are not dictated to by the Saudi state

Daily Mirror

Premier League urged to reinvestigate Newcastle owners amid damning new evidence

Court submission described club's chairman as "sitting minister" in Saudi Arabia government despite Premier League previously insisting it had received legally-binding assurances that there was separation between PIF and the state

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