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In another attempt to use elite sports to promote its image globally, Saudi Arabia offered footballing start Cristiano Ronaldo £5.3 million to become the face of its tourism.
Riyadh's reshuffle at the PIF comes as the $360 billion fund looks set to dramatically increase domestic spending.
Saudi Arabia could buy stake in UAE supermarket chain
Lulu is one of the biggest supermarket chains in the Gulf region.
Premier League denies Newcastle's claim Saudi-led takeover was rejected
Newcastle United had said the English Premier League leadership had rejected a Saudi bid to take over the club, but the league says it could ...
Saudi-backed bid for Newcastle United withdrawn: reports
The controversial £300 million buy-out bid had been the subject of intense speculation since its announcement in 2019.
Saudi Arabia permanently terminates licence for Qatar's beIN Sports
Saudi Arabia has permanently terminated the license of Qatari broadcaster beIN Sports.
UK parliament questions Saudi Arabia's Newcastle United takeover bid
A decision on Saudi Arabia's bid to buy English football club Newcastle United could be decided soon.
Saudi spends $1.7 million on NEOM megacity PR plan
Saudi Arabia has invested heavily in the NEOM project.
Family of slain Saudi activist slam NEOM 'compensation plan'
Saudi Arabia has been accused of offering NEOM compensation money 'under threats' to members of the Huwaiti tribe who were evicted to make way ...
Inside Saudi Arabia's controversial Newcastle takeover bid
A poor human rights record, broadcast piracy and the murder of Jamal Khashoggi are casting a shadow over the Saudi-funded takeover.
Saudi wealth fund 'shopping spree' disguises economic pain
Amid its worst economic crisis in decades, the seemingly contradictory state policy to splurge billions on overseas assets is raising eyebrows.
Stalled Newcastle bid exposes limits of Saudi money
Comment: The WTO's objection to Mohammed bin Salman's Newcastle United deal won't fix Saudi Arabia's human rights record, but it's a step in the ...
Saudi plans Premier League broadcasting bid amid Newcastle controversy
Saudi Arabia is planning to bid for the rights to broadcast Premier League matches as its Newcastle United takeover bid falters over previous ...
WTO investigation 'finds Saudi responsible' for pirate TV channel
Newcastle's £300m takeover is in serious doubt after the World Trade Organisation ruled that Saudi Arabia is behind pirate TV station beoutQ.
Saudi Arabia enters whole new world with Disney shares
Saudi Arabia's Public Investment Fund (PIF) disclosed some $10 billion worth of investments into US corporations on Friday, Reuters ...
EPL's concerns over Saudi piracy loom over Newcastle takeover
The American government confirmed on Wednesday in its annual report on "notorious markets for counterfeiting and piracy" that Saudi Arabia would remain on its "Priority Watch List."
The Middle East at war with coronavirus: Top stories
Turkey's coronavirus cases are beginning to decline and Algeria continues to crackdown on free speech amid strict pandemic measures are some of ...
Khashoggi fiancee slams Saudi takeover of Newcastle United
Jamal Khashoggi's fiancee Hatice Cengiz said the Saudi acquisition of Newcastle United would make English football complicit in the journalist's ...
Saudi Arabia buys $500 million stake in Live Nation
Saudi Arabia's sovereign wealth fund bought a $500 million stake in entertainment giant Live Nation, as the company struggles with ...
Amnesty complains to Premier League about MbS Newcastle bid
The Human rights group has expressed grave concerns over Saudi Arabia's potential purchase of Newcastle, given the country's history.
Saudi oil price war relents, but uncertain future awaits
Comment: Losses in Saudi Arabia's efforts to diversify have cast doubt on the future of Mohammed bin Salman's ambitious megaprojects, writes ...
Riyadh creates new tourism, sports, investment ministries
Saudi Arabia now has separate ministries for tourism, sports and investment, authorities confirmed on Tuesday, as the kingdom attempts to ...
Kardashian friend to help Saudi Arabia buy Newcastle United
A friend of Kim Kardashian is working with Saudi Arabia's sovereign wealth fund to buy Newcastle football club.
Palestinians denied drilling rights in Mediterranean gas fields
Egypt and Jordan began to receive shipments of natural gas from Israel this month, upsetting Palestinians who continue to be denied their right ...
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