Saudi Arabia’s PIF extends sponsorship of Aramco Team Series in women’s golf New deal Saudi Arabia’s Public Investment Fund has announced an extension of its sponsorship of the Aramco Team Series in women’s golf. The PIF will be presenting partner for the Aramco Team Series for a further three years, while its non-profit organisation the FII Institute has also signed a strategic partnership with the string of tournaments on [...]
Saudi Aramco’s profits slide to £25bn as world’s largest energy company is dragged down by lower oil prices OIL AND GAS Saudi Aramco reported a clear dip in earnings over the first three months of the year, blaming lower global oil prices for reduced profits.
Aramco-backed halal fintech opens bank branch in London despite high street bank exodus HIGH STREET BANKING Aramco is backing American fintech Wahed as it launches a physical bank in London. However, concerns of a high street bank exodus place question marks over the branch’s future success. Wahed’s first UK-based physical bank, which opens its doors today on Baker Street, has scored £61m ($75m) from the Saudi Arabian oil giant together with [...]
Best of 2022: Greg Norman explains LIV Golf’s blueprint for transforming the sport December 29, 2022 In this exclusive interview from June 2022, LIV Golf commissioner Greg Norman explains how the Saudi Arabia-backed big-money circuit plans to disrupt the sport and amplify the earning potential of the world’s top players. Greg Norman has conquered some of the world’s finest golf courses and forged a successful career as an entrepreneur but he [...]
Aramco Team Series Jeddah: Schoolgirl Chiara Noja beats idol Charley Hull to title November 13, 2022 Women’s golf has a new star after 16-year-old Chiara Noja beat her idol, England’s Charley Hull, to win her first Ladies European Tour title at the Aramco Team Series Jeddah. The German schoolgirl shot a brilliant final round of 65 to finish tied with Hull on 13 under par and then made back-to-back birdies to [...]
Catriona Matthew on the rise of women’s golf and playing Aramco Team Series Jeddah November 9, 2022 Women’s golf has come a long way since Catriona Matthew first swung a club, thanks in no small part to the trailblazing Scot. When she joined her local club in North Berwick in the early 1980s, prize money was a fraction of that in the men’s game, with just £5,600 on offer to the winner [...]
Aramco Team Series Jeddah: Who is vying for Pia Babnik’s crown at Royal Greens? November 9, 2022 Aramco Team Series Jeddah defending champion Pia Babnik is back at Royal Greens this week and hoping that a focus on the team competition serves her well again. The Slovenian teenager underlined her immense promise by winning the individual competition 12 months ago, her second professional title in a breakthrough year. Still only 18, Babnik [...]
Georgia Hall aiming to cap fine season with success at Aramco Team Series Jeddah November 9, 2022 A major champion and two-time European order of merit winner by her early twenties, Georgia Hall has already ticked a lot of boxes in her young career. Over the coming weeks she hopes to reach a new milestone: a first multiple title-winning year. Having claimed the Saudi Ladies International in March, Hall will aim for [...]
Saudi Aramco unveils £36.8bn profits powered by soaring gas prices November 1, 2022 Saudi Aramco reported its second-highest earnings as a listed company, driven by this year’s surge in oil and gas prices.
Emily Pedersen on the Aramco Team Series and her dream of achieving pay parity in golf October 5, 2022 Emily Pedersen discusses the growth of women’s golf, her hope of seeing prize money parity in the sport in the near future, and the Aramco Team Series. Emily Pedersen has been one of the shining lights of European golf in recent years and the Dane is optimistic that the future looks bright both for her [...]