Trump spotted sitting with head of Saudi Arabia’s Public Investment Fund at UFC fight

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

President-elect Trump was seen speaking with the governor of Saudi Arabia's Public Investment Fund, Yasir Al-Rumayyan, during a UFC fight in New York City on Saturday.

President-elect Trump returned to Madison Square Garden for the UFC fight on Saturday night in a massive way, with Elon Musk, Kid Rock, RFK Jr., Tulsi Gabbard, House Speaker Mike Johnson and the fighting organization’s president, Dana White, in tow, while also being spotted sitting next to a major player from Saudi Arabia.

Along with his involvement in the PIF, Al-Rumayyan chairs Saudi Aramco, the state-owned petroleum company, as well as the country’s largest mining company, Maaden. He is also the chairman of the English Premier’s Newcastle United Football Club. Last year, the PGA, DP World Tour and the PIF, which backs LIV Golf, announced a deal to "unify the game of golf, on a global basis.

The deal also signaled that a dispute between the PGA Tour, the European tour and LIV Golf would be ending. The PIF, which has been criticized in connection to human rights, will have investment exclusivity rights for the combined golf entity, something the three groups said included "a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wentworth Denies Rumor That Saudi Arabia's Public Investment Fund Is Trying to Buy ItIn an interview, Wentworth's board did its best to put to rest the rumors of Saudi PIF interest.
Source: SInow - 🏆 273. / 63 Read more »

Saudi Arabia’s Public Investment Fund Sold Its Entire Live Nation StakeSaudi Arabia’s Public Investment Fund has sold its Live Nation shares, according to an SEC filing dated Thursday (Nov. 14).
Source: billboard - 🏆 112. / 63 Read more »

Saudi PIF's $925 billion global vision: Inside the kingdom's strategic investmentSaudi Arabia’s gross domestic product exceeded $1 trillion for the first time; it was the fastest-growing G20 economy in 2022.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Fendi Casa Opens First Saudi Arabia Flagship Amid Foreign Investment Boom; Peers Mull Further PotentialAs Fendi Casa opens first Riyadh flagship, the Saudi Arabian economy is primed for growth as foreign direct investments rocket.
Source: wwd - 🏆 24. / 68 Read more »

Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean TechnologiesSaudi Arabia’s fintech startups have raised over $1.84 billion in venture capital investments since 2018, according to the kingdom’s SME authority.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Public funding for nature conservation stalls at COP16, eyes on private investmentPublic funding for nature conservation stalls at COP16, eyes on private investment
Source: Investingcom - 🏆 450. / 53 Read more »