The Capital Market Authority (CMA) in Saudi Arabia has initiated a public consultation regarding proposed changes ...

The company could also be looking to explore opportunities to export its palace-to-hotel conversion expertise to other ...

The agreement focuses on developing the internal and external infrastructure for SEVEN's 21 entertainment destinations across ...

Trump noted that many other nations have such investment funds, and predicted that the United States could eventually top ...

The PGA Tour announced that it has asked President Donald Trump to help with the tour’s ongoing negotiations with Saudi ...

The spotlight is also shining on Saudi Arabia because of sports and the kingdom’s winning bid to host the FIFA World Cup in ...

If the U.S. government is standing in the way of a potential deal between the PGA Tour, DP World Tour and the Public Investment Fund of Saudi Arabia, PGA Tour leadership is hoping that newly ...

Trump’s order has sparked debate about how such a U.S. sovereign wealth fund would be capitalized and the viability and ...

In a joint statement, commissioner Jay Monahan, Tiger Woods and Adam Scott say that having Trump involved "brought us closer to a final deal" with the Saudi sovereign wealth fund.

The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

PGA Tour officials, including Commissioner Jay Monahan, met with President Donald Trump as they negotiate a pivotal ...