Rory McIlroy called Jordan Spieth after disagreeing over Saudi PIF, LIV Golf deal
Jordan Spieth and Rory McIlroy are currently not on the same page as they relate to the PGA Tour, which is affiliated with the Saudi Public Investment Fund (PIF). McIlroy believes the tour should continue discussions with PIF, the sovereign wealth fund that funds LIV Golf, but Spieth doesn’t see a need for that. Spieth’s […]
Justin Rose divulges LIV Golf offer, points to ‘major’ problems for Saudi circuit
Justin Rose is a staple of professional golf and is no stranger to LIV golf chatter, but he is loyal to the PGA Tour. On Thursday after his round at the AT&T Pebble Beach Pro-Am, Rose detailed his conversations with the Saudi support circuit and why he ultimately decided to stay on tour. “For me, […]
India, Saudi Arabia Hold First-Ever Joint Army Exercises
India’s Ministry of Defense announced this week that it has begun a joint military exercise with Saudi Arabia dubbed “Sada Tansikh” (“Forever Together”). The period is scheduled to run until February 10th. This event marks the first time that Saudi and Indian militaries will be joining forces. India is hosting the exercise in the northern […]
Saudi investment fund fights Senate subcommittee subpoena
The Saudi Public Investment Fund (PIF) has asked the leadership of a Senate subcommittee to withdraw subpoenas issued to four of the fund’s U.S.-based consultants, according to people familiar with the matter. new letter This was revealed by the Senate Permanent Subcommittee on Investigations on Tuesday. The letter, dated January 12, was sent by Subcommittee […]
PGA Tour landing $3B SSG investment; puts LIV Golf, Saudi deal on shaky ground
The PGA Tour is on the brink of winning. Historic $3 billion investment According to reports, participation from Strategic Sports Group (SSG). bloomberg and wall street journal. This initial investment is not only for financial reasons; not included The Saudi Public Investment Fund (PIF) is a beneficiary of LIV Golf. Last June, the PGA Tour, […]
LPGA deal with LET tanked by Golf Saudi, player blasts LIV leadership
The world of women's professional golf is undergoing what is known as an “epoch-making change.'' The LPGA Tour and the Ladies European Tour (LET) have agreed to merge, injecting vitality into the world of women's golf overseas. That suddenly stopped. Golf Saudi, a division of the Saudi Public Investment Fund that funds LIV Golf, has […]
Saudi Arabia Opens First Liquor Store in 70 Years for Diplomats
The Saudi government has reportedly opened the first liquor store since alcohol was banned in the early 1950s. The store, a modest facility next to a supermarket in the diplomatic district of the capital Riyadh, is exclusively for non-Muslim diplomats. The opening of the landmark liquor store had been kept fairly quiet until sources within […]
Saudi Arabia’s first alcohol store to serve only non-Muslim diplomats
Saudi Arabia is preparing to open its first alcohol store exclusively for non-Muslim diplomats in the capital Riyadh, according to people familiar with the plans and documents. Customers must register via a mobile app, obtain a clearance code from the Ministry of Foreign Affairs and meet monthly purchase quotas, according to a document seen by […]
Futuristic ‘upside-down skyscraper’ proposed in Saudi Arabia
Who said living in the mountains isn't a luxury? A Saudi Arabian developer on Wednesday announced plans for an “ultra-luxury upside-down skyscraper” that would look straight out of a science fiction movie and would be built into a mountainside on the Gulf of Aqaba coastline. The project, Aquelum, will “offer guests a taste of future […]
Germany Lifts Arms Ban to Saudi Arabia Imposed After Khashoggi
BERLIN (AP) – The German government has approved the export of air defense missiles to Saudi Arabia, underscoring a recent softening of its hardline stance on arms exports to the country. Government spokesman Steffen Hebestreit said on Wednesday that the German Security Council, made up of Chancellor Olaf Scholz and several other ministers, had ordered […]