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PIF

Jon Rahm (center) celebrates on the podium after winning the LIV Golf United Kingdom event in Rocester, England, in July 2024. Joaquin Niemann (far left) finished second, and Cameron Smith (far right) was third.
MORE SPORTS
May 3, 2026
LIV served purpose for Saudi Arabia, as kingdom reduces spending on sports
Experts said the exit does not signal a flight of Saudi money from sports, even after the Middle East war that sparked Iranian attacks around the Gulf.
Jon Rahm was among the star players who left the PGA Tour to join LIV golf.
MORE SPORTS / Golf
May 1, 2026
LIV Golf players scrambling as Saudi Arabia pulls funding from breakaway circuit
According to multiple reports, the PGA Tour and DP World Tour are ¡°listening¡± to players who reach out about shifting circuits.
A LIV Golf scorecard is seen during the fourth round of an event in Mexico on April 19.
MORE SPORTS / Golf
Apr 30, 2026
Saudi Arabia to end funding for LIV Golf after current season: report
LIV¡¯s deep-pocketed backers in Riyadh were rumored to have cooled on the extravagantly expensive project, which has reportedly cost them over $5 billion so far.
Yasir Al Rumayyan, head of Saudi Arabia's Public Investment Fund, speaks at the FII Asia Priority Summit in Tokyo on Monday.
BUSINESS / Economy
Dec 2, 2025
Saudi wealth fund plans to more than double investments in Japan
Japan is Saudi Arabia¡¯s third-largest trading partner at present.
Saudi Crown Prince Mohammed Bin Salman announces a zero-carbon city called ¡°The Line¡± to be built at NEOM, a futuristic city in the desert by the Red Sea, in northwestern Saudi Arabia, in 2021.
BUSINESS / Economy
Oct 30, 2025
Saudi Arabia plans to refocus $925B fund after gigaproject delays, source says
Analysts have said many of the gigaprojects have not yet yielded sufficient returns to justify their lofty price tags, as several remain far from completion.
The start of the Saudi Arabian Grand Prix in Jeddah on March 9 last year.
MORE SPORTS / Auto Racing
Apr 16, 2025
Team ownership could be next F1 step for Saudi Arabia
Saudi Arabia first hosted Formula One in 2021, while energy giant Aramco is a global partner of the sport and also the title sponsor of the Aston Martin team.
U.S. President Donald Trump pumps his fist as he boards Air Force One before leaving Miami International Airport on Thursday.
MORE SPORTS / Golf
Apr 4, 2025
Donald Trump says PGA-LIV merger would be ¡®great thing¡¯
Speaking on Air Force One as he traveled to Florida ahead of this weekend¡¯s LIV Golf Miami event at Trump National Doral, the U.S. leader said he believed a merger was inevitable.
Naomi Osaka returned to tennis in 2024 after giving birth to her daughter in July 2023.
TENNIS
Mar 7, 2025
WTA and Saudi PIF to provide paid maternity leave to tennis players
The PIF WTA Maternity Fund Program ¡°will offer benefits to more than 320 eligible WTA players,¡°?the WTA?said in a statement.
Al Nassr's Cristiano Ronaldo celebrates after scoring a goal during an Asian Champions League contest in Riyadh on Sept. 30.
SOCCER
Oct 9, 2024
From boom to budgeting as reality bites for Saudi soccer
After a jaw-dropping 2023, Saudi transfer spending slumped from $957 million to $431 million in the latest window.
DAZN, the sports-streaming group backed by billionaire Len Blavatnik, may soon sell a stake to Saudi Arabia's Public Investment Fund, according to insiders.
BUSINESS / Companies
Oct 8, 2024
Saudi Arabia¡¯s PIF considering minority stake in sports streamer DAZN
Deal could increase Saudi fund¡¯s influence in European football, as DAZN is a partner for Italy¡¯s Serie A, Spain¡¯s LaLiga, Germany¡¯s Bundesliga and France¡¯s Ligue 1.
Players on Nintendo Switch game consoles. Saudi Arabia's Public Investment Fund is reportedly weighing deploying more capital to Nintendo and its sector peers.
BUSINESS / Companies
Oct 7, 2024
Nintendo jumps after Saudi fund expresses interest in bigger stake
The Saudi government is keen to mold the kingdom into a global gaming industry player and diversify its oil-heavy portfolio.
Nintendo merchandise during the grand opening of Super Nintendo World at Universal Studios Hollywood in Los Angeles last year.
BUSINESS
Oct 5, 2024
Saudi Arabia¡¯s PIF mulls larger stake in Nintendo: report
PIF currently owns 8.58% of Nintendo and also has stakes in video game companies Nexon, Capcom, and Koei Tecmo.
Northern Ireland's Rory McIlroy speaks during a news conference ahead of the BMW PGA Championship at Wentworth Club in England on Wednesday.
MORE SPORTS / Golf
Sep 19, 2024
McIlroy says players among hurdles to PGA Tour-PIF deal
The four-time major champion said there were different opinions among all the players about the best way forward.
Japan Times
WORLD
Jul 13, 2022
U.S. to expand its Pacific footprint amid growing Chinese clout in region
The Biden administration will request $60 million per year from the U.S. Congress over the next 10 years in connection with a new economic assistance agreement.
Japan Times
BUSINESS
Sep 2, 2018
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia¡¯s sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser.
Japan Times
BUSINESS / Companies
Aug 20, 2018
Saudi PIF in talks to invest in aspiring Tesla rival Lucid: sources
PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc. CEO Elon Musk has said could help him fund a $72 billion deal to take his electric carmaker private, is in talks to invest in aspiring Tesla rival Lucid Motors Inc., sources said Sunday.

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon

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