- The Public Investment Fund approved a new 2026-2030 strategy focusing on domestic economic transformation and efficiency over international spending
- Governor Yasir Al-Rumayyan confirmed a target to reduce international investments from 30 percent to 20 percent of the total portfolio
- The fund is deprioritizing certain high-profile projects including parts of the Neom giga-project to manage capital more effectively
- Market analysts suggest the shift reflects a broader move to ensure long-term returns and connect domestic sectors rather than continuing heavy global subsidies
- LIV Golf recently transitioned to a 72-hole format for the 2026 season while facing increased pressure to prove commercial viability under the new PIF mandate
Saudi Arabia Public Investment Fund shifts strategy toward domestic growth amid LIV Golf funding reports
Apr 15, 2026, 5:24:06 PM UTC(3 hours ago)
Impact: Medium
Affected Assets
Sources
From:@DeItaone
*SAUDI ARABIA’S PIF ON VERGE OF CUTTING SUPPORT FOR LIV GOLF: FT
