By: Haydy Abdelhamid MBC Group has announced that it will sell a 54% stake—about 179,550,000 shares—to the Saudi Public Investment Fund (PIF). This deal is worth around 7.47 billion SAR ($1.99 billion ...

UAE visa amnesty, new laws announced, petrol prices increased, Dubai real estate strategy and more of the top news stories ...

Saudi Arabia’s Public Investment Fund (PIF) is evaluating the possibility of increasing its stake in Nintendo, a move that reflects the kingdom’s strategic interest in the global gaming industry. This ...

The Saudi PIF have been heavily involved in golf in recent years, with the DP World Tour created as a rival to the PGA Tour ...

The exclusive Wentworth Golf Club is set to be taken over by Saudi Arabia's Public Investment Fund (PIF), according to DP ...

Details of Sunningdale's membership structure, meanwhile, are kept tightly guarded. The Saudi PIF are said to have pumped ...

English tour pro Eddie Pepperell has claimed Saudi Arabia's Public Investment Fund are extremely interested in purchasing Wentworth Golf Club.

The Mukaab in Riyadh may become the world's largest building but critics say its design too closely resembles the Kaaba in ...

The PGA Tour and LIV Golf are understood to be continuing negotiations on a potential peace deal, with DP World chief Daniel ...

The ambitious $50 billion project — called the Mukaab — in the capital city Riyadh, is part of a wave of futuristic ...

He believes that all three entities are genuinely committed to the future of golf, which certainly fosters optimism. Van ...

A DP World communications officer believes a deal will be struck within six months and cited another sport's structure as a ...