Tag: Public Investment Fund

PIF to call the WWE shots as McMahon returns?

Article posted by Coliseum, January 13^th, 2023

American media proprietor Vince McMahon has sensationally returned to the World Wrestling Entertainment (WWE) and is reportedly in talks to sell the franchise to the Premier League club Newcastle United F.C.’s (UK) Saudi Arabian owners. ‘talkSPORT’ stated that Saudi Arabia’s Public... » Read more

PIF dive deep into world of football

Article posted by Coliseum, October 20^th, 2022

The Public Investment Fund (PIF) of Saudi Arabia has committed £2 billion to new long-term football sponsorship deals outside of the Premier League team Newcastle United F.C. (UK) in 2022. ‘Newcastle World’ stated that the PIF, who own 80 percent of ‘The Magpies’, has invested heavily... » Read more

SEVEN’s ambitious plans for Saudi Arabia

Article posted by Coliseum, March 12^th, 2020

The Saudi Entertainment Ventures Company (SEVEN) – which is a fully owned subsidiary of the sovereign Public Investment Fund (PIF), and is authorized to invest, develop, and operate entertainment destinations in Saudi Arabia – has unfolded plans to expand its network by setting up additional... » Read more

Saudi tourism masterpiece Amaala standalone entity

Article posted by Coliseum, December 17^th, 2019

Public Investment Fund (PIF) – the sovereign wealth fund of Saudi Arabia – has absorbed Amaala as a standalone company. Amaala is a visionary giga-project initiated by the PIF in northwest Saudi Arabia. Amaala’s objective is to set new benchmarks in sustainable development while giving the... » Read more