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The Saudi International, currently titled as the PIF Saudi International powered by SoftBank Investment Advisers for sponsorship reasons, is a professional golf tournament. It was held at Royal Greens Golf & Country Club in King Abdullah Economic City, Saudi Arabia, from 2019 until 2023. The tournament moved to Riyadh Golf Club for the 2024 ...
PIF governor Yasir Al-Rumayyan in 2016. The Saudi Arabian Public Investment Fund (PIF) was established by the King Faisal bin Abdulaziz Al Saud in 1971 [9] by Royal Decree M/24 [10] with the stated intent to provide financing support for projects of strategic significance to the national economy. [11]
For the 2023 tournament, the prize money increased from $1 million to $5 million, giving parity with the men's Saudi International for the first time. [3] In 2024, for its fifth installment, the tournament moved to the Riyadh Golf Club in Riyadh.
Visionary Holdings Inc. (NASDAQ:GV) shares are jumping higher today after it disclosed that it signed a Memorandum of Understanding with the Public Investment Fund (PIF) of Saudi Arabia for ...
The PGA Tour-Saudi Public Investment Fund merger is far more than a sports story. It's a blending of cultures, a strategic alignment that combines an American-developed sports property with the ...
Sen. Richard Blumenthal has issued subpoenas in an ongoing investigation of Saudi involvement in American endeavors, including golf. Senate subcommittee subpoenas U.S. arm of Saudi PIF over LIV ...
In December 2024, Niemann won the season-ending PIF Saudi International on the Asian Tour, beating Cameron Smith and Caleb Surratt in a playoff. The win also saw him win the International Series Order of Merit. [18]
Saudi Arabia’s PIF actually pitched Rory McIlroy and Tiger Woods captaining LIV Golf teams in new partnership. Ryan Young. July 11, 2023 at 5:40 PM.