SAUDI INVESTMENT

Apr 30 2026SPORTS

Golf’s Saudi-backed league faces funding cut and leadership change

A big player in golf is stepping back as Saudi Arabia’s government investment arm reduces its role in LIV Golf. The fund’s leader, who also started the league, is leaving his position. This move follows plans to shift LIV Golf away from relying entirely on Saudi money, with talks already underway ab

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Feb 26 2026SPORTS

Conor Benn’s $15 M Fight: Who’s Really Paying?

A big fight is on the horizon for British boxer Conor Benn, but the money isn’t coming from the UFC owners. During a recent quarterly call, Mark Shapiro of TKO Group Holdings explained that the one‑fight deal with Zuffa Boxing is fully funded by the Saudi‑led entertainment firm SELA, headed by Tu

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Oct 27 2025BUSINESS

UK's Finance Chief Eyes Gulf Trade Deals Amidst Rights Concerns

Big news in the world of international trade! The UK's finance minister, Rachel Reeves, is heading to Saudi Arabia for a major investment summit. This isn't just any trip—it's the first time in six years that a British finance minister has visited the region. Reeves has a busy schedule ahead. She p

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Sep 27 2025BUSINESS

Big Money Moves: EA Might Go Private with Saudi Backing

EA, the company behind popular games like FIFA, might be going private. A group of investors, including Saudi Arabia's PIF, are in serious talks to buy EA for about $50 billion. This deal could be the biggest of its kind ever. EA's stock prices jumped up by 15% on Friday when news of the potential

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