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Yasir Al Rumayyan

Coverage of Yasir Al Rumayyan in the Nexus archive.

Earliest in view: Apr 30 · 15:43 UTCMost recent: Jun 7 · 10:31 UTC
Co-mentioned in this coverage
Recent coverage
  • BUSINESSJun 7 · 10:31 UTCSEMAFOR
    Saudi's NEOM faces $16 billion bill to cancel NEOM contracts

    Saudi authorities face a $16 billion cost to cancel NEOM contracts over five years, exceeding initial construction expenses for the $1 trillion futuristic city project. The financial burden reflects broader budget deficits and strategic retrenchment amid economic reevaluation and shifting priorities.

  • BUSINESSApr 30 · 15:43 UTCFOX NEWS
    Inevitable outcome arrives for LIV Golf as Saudis officially pull plug on funding

    The Saudi Public Investment Fund (PIF) has officially ended its funding for LIV Golf, citing strategic reprioritization and macroeconomic factors. The decision, effective after the 2026 season, follows years of substantial investment totaling nearly $6 billion by the PIF, with monthly expenditures averaging $100 million in recent years. LIV Golf is now seeking alternative investment strategies.

Yasir Al Rumayyan · Dossier · The Nexus