Saudi newspapers highlighted in their editorials today a number of issues, at local, regional, and international arenas. Al-Eqtisadiah newspaper said in its editorial that the Public Investment Fund (PIF) of Saudi Arabia has succeeded with great effectiveness during the last period in maximizing and enhancing sustainable returns and concluding major investment deals in the fields of energy, as well as strongly targeting the areas of aviation, oil, gas and entertainment. The paper said that the PIF is a major factor in achieving the Kingdom's vision 2030, especially at the level of diversification of national income and reducing dependence on oil. The paper pointed out that PIF recently diverse its investment opportunities, locally and internationally, in several sectors and assets along a wide geographical stretch. The paper cited the announcement of the investor group led by Saudi Arabia's PIF about the formally withdrawal from their interest of takeover procedures of Newcastle United Limited and the Newcastle United Football Club because of the prolonged process and current challenges posed by the ongoing coronavirus crisis. Al-Yaum newspaper said in its editorial that the government of the Kingdom of Saudi Arabia made all efforts for the safety of pilgrims and ensuring that they perform the Hajj rituals easily and safely. The paper pointed to the statement of the official spokesman of the Ministry of Health, Dr. Muhammad Al-Abd Al-Aali, who is confirmed that the health status of pilgrims was reassuring and no infection with the new coronavirus or any diseases was recorded among the pilgrims.
