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 ...
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.