
Saudi PIF Pullback Signals Shift Toward Domestic Growth
Saudi Arabia's Public Investment Fund is dialing back costly global sports bets—like LIV Golf and Al-Hilal—as it implements a five-year plan to redeploy capital domestically and maximize returns, signaling a finance-over-image shift that could free funds for internal projects (potentially the 2034 World Cup) and reshape how Saudi investments influence global industries.













