The City is a gateway to Gulf investment in the UK November 25, 2024 The Gulf is Britain’s fourth biggest trading partner and the City is supporting efforts to strengthen this vital relationship, says Alastair King It was reported last week that the Prime Minister will soon visit Saudia Arabia and the United Arab Emirates, to strengthen economic ties and attract investment, while also discussing how we can achieve [...]
Exclusive: Labour approves Ardian and Saudi swoop for majority stake in Heathrow Airport November 19, 2024 The private equity group Ardian and Saudi Arabia’s £3.3bn deal for a 38 per cent stake in Heathrow Airport has cleared the final hurdle after receiving approval from the Cabinet Office, CityAM understands. Whitehall sources confirmed to CityAM the deal has been signed off by the government’s Investment and Security Unit (ISU), which [...]
Medvedev earns $20,000 per minute at Saudi 6 Kings Slam October 17, 2024 Russian tennis star Daniil Medvedev reportedly earned over $20,000 per minute at the new 6 Kings Slam in Saudi Arabia. The exhibition tournament – featuring Medvedev, Jannik Sinner, Holger Rune, Carlos Alcaraz, Rafael Nadal and Novak Djokovic – is taking place in the Kingdom as part of Riyadh Season, the sporting organisation leading a global [...]
Exclusive: Dazn strengthens Saudi Arabia ties with 6 Kings Slam deal September 25, 2024 The deal is a sign of the growing relationship between the London-headquartered sports streaming service and the kingdom.
Saudi Arabia Snooker Masters begins with near-record prize pot August 30, 2024 Snooker’s most lucrative tournament outside of the World Championship will get under way today with a line-up that includes Ronnie O’Sullivan and world number one Judd Trump. The inaugural Saudi Arabia Snooker Masters, which takes place in Riyadh over the next nine days , features a prize pot of £2.3m, just £95,000 less than World [...]
Rocco Forte Hotels counts cost of £1.4bn deal with Saudi Arabia’s Public Investment Fund August 27, 2024 Profit at the British hotel group co-founded by Sir Rocco Forte was cut by more than half during its latest financial year as it sold a significant stake to Saudi Arabia’s Public Investment Fund. The deal, which was first announced in December 2023, saw the PIF take a 49 per cent holding in London-headquartered Rocco Forte Hotels [...]
Saudi Arabia: The proposed stadiums of the 2034 Fifa World Cup August 1, 2024 Saudi Arabia is probably going to be hosting the 2034 Fifa World Cup. They are the only bidder at the moment and the process has closed, so it’s odds on. And, unsurprisingly, they’ve gone all out in their stadium design. This week their respective delegation submitted their bid with renders of the proposed stadiums. Take [...]
Banning North Sea oil will only benefit Saudi Arabia July 16, 2024 Fossil fuels will remain part of the energy mix for decades to come – if we don’t extract our own resources from the North Sea, our loss will be other polluters’ gain, says Andy Mayer The new government’s plans to capitulate to the likes of Just Stop Oil by banning new drilling licences in the [...]
Tyson Fury 34-1-1 career boxing record IN FULL ahead of Usyk Riyadh Season bout June 25, 2024 The Gypsy King Tyson Fury will be eager to get back to winning ways after his loss to Oleksandr Usyk in Saudi Arabia. He takes on the Ukrainian this weekend in the Kingdom Riyadh Season’s biggest fight to date. He has won 34 of his 36 fights; 24 of those have come by knockout and [...]
US Open champion Bryson DeChambeau wants PGA Tour-PIF deal sorted ‘quickly’ June 17, 2024 DeChambeau concedes he is “part of the reason” for the schism in men’s golf.