{"id":92690,"date":"2024-12-19T00:00:00","date_gmt":"2024-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/12\/19\/its-a-mixed-bag-for-the-kingdom-in-the-intl-press\/"},"modified":"2024-12-19T00:00:00","modified_gmt":"2024-12-19T00:00:00","slug":"its-a-mixed-bag-for-the-kingdom-in-the-intl-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/12\/19\/its-a-mixed-bag-for-the-kingdom-in-the-intl-press\/","title":{"rendered":"It\u2019s a mixed bag for the Kingdom in the int\u2019l press"},"content":{"rendered":"

Reuters<\/a><\/strong> is taking note of the PIF\u2019s<\/strong> shifting game plan in the sports world<\/strong>. After making splashy investments in men\u2019s soccer and golf \u2014 think Newcastle United, LIV Golf, and Neymar \u2014 the newswire sees PIF\u2019s sports M&A strategy getting \u201csmarter\u201d in 2025 by targeting smaller but faster-growing leagues such as women\u2019s soccer and rugby. <\/p>\n

While these might seem too niche to move the needle, they fit the fund\u2019s broader strategy<\/strong> of scaling back foreign investments<\/a> from 30% to about 20% of its portfolio. Smaller investments with higher growth potential could be the winning formula, the newswire writes. <\/p>\n

\n

\n

IN DIPLOMACY-<\/strong> The Jerusalem Post<\/a> is spotlighting the Kingdom\u2019s firm stance on potentially establishing diplomatic ties with Israel, writing that Saudi will not entertain normalization talks until the war in Gaza ends, government officials reportedly told members of US President-elect Donald Trump\u2019s Middle East team, including incoming envoy Steve Witkoff. <\/p>\n

MEANWHILE- <\/strong>Haaretz<\/a> alleges that behind-the-scenes talks led to a tentative breakthrough, with Israel allegedly agreeing to a vague \u201cpath toward Palestinian statehood\u201d rather than explicit recognition, in a bid to secure domestic and political support on both sides. The proposed framework reportedly ties normalization to a two-phase hostage agreement with Hamas, potentially unlocking Saudi-led Gaza reconstruction efforts backed by international coalitions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters is taking note of the PIF\u2019s shifting game plan in the sports world. After making splashy investments in men\u2019s soccer and golf \u2014 think Newcastle United, LIV Golf, and Neymar \u2014 the newswire sees PIF\u2019s sports M&A strategy getting \u201csmarter\u201d in 2025 by targeting smaller but faster-growing leagues such as women\u2019s soccer and rugby. […]<\/p>\n","protected":false},"author":1,"featured_media":92691,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[587,10,229,8],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-diplomacy","tag-enterpriseam-ksa","tag-saudi-in-the-news","tag-sports","wpautop","entry"],"acf":{"mongo_id":"d6e3cd24-27f2-40dc-b0a4-38787049d6a6","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1841.jpg","photo_position":"above","homepage_title":"","full_issue_title":"It\u2019s a mixed bag for the Kingdom in the int\u2019l press","related_issue":[92672],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.d4997ed5-53d5-4357-a5a9-b98bc06bb538.mp3"},"yoast_head":"\nIt\u2019s a mixed bag for the Kingdom in the int\u2019l press - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/12\/19\/its-a-mixed-bag-for-the-kingdom-in-the-intl-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s a mixed bag for the Kingdom in the int\u2019l press\" \/>\n<meta property=\"og:description\" content=\"Reuters is taking note of the PIF\u2019s shifting game plan in the sports world. After making splashy investments in men\u2019s soccer and golf \u2014 think Newcastle United, LIV Golf, and Neymar \u2014 the newswire sees PIF\u2019s sports M&A strategy getting \u201csmarter\u201d in 2025 by targeting smaller but faster-growing leagues such as women\u2019s soccer and rugby. 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