Gulf States/Economy/Saudi Arabia cuts PIF support for LIV Golf, pledges new deposits

Saudi Arabia cuts PIF support for LIV Golf, pledges new deposits

Apr 15, 20265 sources

Also covers:Saudi Arabia

Summary

Saudi Arabia is reportedly considering ending the Public Investment Fund's (PIF) financial backing for LIV Golf. At the same time, the kingdom has pledged a $3 billion fresh deposit and extended a $5 billion facility through 2028, according to the finance minister.

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Saudi Arabia Said to Consider Ending Funding of LIV Golf

Apr 15

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