PIF backed LIV Golf, leading to Asian Tour ending its LIV partnership and partnering with PGA Tour.

The entities involved

• Public Investment Fund →

  sovereign wealth fund owned by Saudi Arabia

  Nothing else this week.

• Saudi Arabia →

  country in West Asia

  • Escalating conflict involves Iran and Saudi Arabia, with fighting intensifying between Saudi-backed forces and Houthis. Karami warns of a firm response to miscalculation.Mon 17:52
  • Ishaq Dar attended an R-4 meeting in Cairo today, contributing to ongoing diplomatic efforts.Mon 17:12
• PGA Tour →

  golf tour in the United States

  • Jacob Bridgeman achieved victory on the PGA Tour, and Jackson Koivun was selected as a pick for the Presidents Cup at Medinah.Mon 11:02
  • Donald Trump is attending the Presidents Cup tournament in Chicago, serving as honorary chairman.Mon 10:33

Related events

• The Public Investment Fund (PIF) raised $2 billion in a private equity vehicle targeting investments across the Middle East.Jul 27
• PIF is accelerating domestic capital deployment in Saudi Arabia through new partnerships aimed at elevating capital markets.Sep 22