Sir Rocco Forte enjoys record pay day after hotels empire deal hospitality The hotels group founded by Sir Rocco Forte has issued a record dividend for the first full year after Saudi Arabia’s Public Investment Fund (PIF) became a major shareholder. Rocco Forte Hotels has paid out dividends totalling £8.9m for the year to 30 April, 2025, to its shareholders. The international hotels group, which is headquartered in [...]
Heathrow to pay first dividend in five years to new owners Transport and infrastructure London Heathrow Airport plans to pay its owners a first dividend in five years after passenger numbers reached record highs in 2024. The West London hub has settled on a payout of £250m over the coming weeks, the first since before the pandemic. Heathrow’s ownership underwent its most significant change in decades in 2024 after [...]
Dry in the desert: Alcohol to be banned at 2034 Fifa World Cup in Saudi Arabia Sport Alcohol will not be allowed at the 2034 Fifa World Cup in Saudi Arabia, the kingdom’s ambassador said on Wednesday. Prince Khalid bin Bandar Al Saud said that “there’s no alcohol at all” in the country, adding that there would not be an exemption for the World Cup, which Saudi Arabia won last year. The [...]