Trump spotted sitting with head of Saudi Arabia’s Public Investment Fund at UFC fight

Published On Nov 17, 2024, 9:19 PM

Donald Trump was seen attending a UFC fight seated next to Yasir Al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund (PIF), which holds around $925 billion in assets. This meeting comes at a time when the PIF has been expanding its influence across various sectors, including sports through its participation in LIV Golf, and has critical roles in companies such as Saudi Aramco and Maaden. The proximity of Trump to Al-Rumayyan hints at potential partnerships or investments regarding upcoming projects, especially with Trump's renewed political ambitions being in the spotlight.

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Investors could consider looking into companies linked to the Public Investment Fund, particularly as its involvement in US sectors may increase. The PIF's significant capital could bolster sectors like technology and entertainment, while partnerships might result from Trump’s associations.

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