Enjoying Saudi’s Growth July 1, 2025 How $1 trillion investment from PIF, and a fast-growing economy, make a strong investment case for global institutional investors. London, UK – Saudi Arabia’s sweeping urban transformation and ambitious real estate agenda were spotlighted in London at “Capitals London,” a two-day investor briefing held at Grosvenor House, Mayfair. Hosted by Tahaluf, the organizer of Cityscape Global, [...]
How sport could shape Xi Jinping’s next five-year China plan June 25, 2025 It doesn’t feel like that long ago when the world was captivated by 2,008 drummers from China opening the Beijing Olympic Games in perfect harmony. But that was a different China in a different era, and the Sleeping Dragon has been in something of a comatose state since due to a number of factors including [...]
Global growth to brake to ‘slowest pace’ since financial crash, World Bank says June 10, 2025 The world economy is heading for its worst year since the 2008 financial crash, the World Bank has predicted, as most major economies suffered a growth downgrade due to trade tensions sparked by President Trump’s tariffs. The UN-backed financial institution has predicted that global growth will come down to 2.3 per cent this year as [...]
The City of London must embrace its friendship with Saudi Arabia June 2, 2025 By working together, the UK cannot only help Saudi Arabia realise its ambitious vision but also secure new growth for both nations, writes Alastair King.
Blue collar brain drain to Saudi is harming major infrastructure projects May 20, 2025 An exodus of talent from Britain’s infrastructure sector to the Middle East is harming the delivery of major projects in the UK, according to the head of a key labour supplier. “Certain skills are missing in every level really when you look at it,” the boss of London-listed Hercules, which specialises in supplying labour to [...]
Aston Martin: PIF and Geely billionaire’s shares shift after investment May 12, 2025 The proportion of shares Saudi Arabia’s Public Investment Fund (PIF) and Chinese billionaire Shufu Li’s hold in luxury car brand Aston Martin has changed following a major shares issue. In March Yew Tree Consortium, which is led by chairman Lawrence Stroll, placed 75 million additional shares in the London-listed business. As a result, both the value of the [...]
Saudi Arabia’s PIF sponsors new $13m prize golf series May 8, 2025 The Saudi Arabia investment vehicle the Public Investment Fund (PIF) is to be the title sponsor of a revamped golf programme. The PIF Global Series will replace the Aramco Team Series and will have a total prize pot of $13m. The PIF Global Series will span five events on the Ladies European Tour (LET) – [...]
Oil prices slump to four-year low amid Opec+ production push May 5, 2025 Oil prices have slumped to a four-year low as concerns over a supply glut from Saudi Arabia and a slowing global economy rattle the sector. Brent crude, the global benchmark, has fallen more than four per cent after oil cartel OPEC+ agreed over the weekend to increase oil production by another 411,000 barrels a day [...]
Can London challenge Saudi Arabia and India for Olympic Games? April 30, 2025 Mayor Sadiq Khan wants the 2040 Olympic Games in London but up against Saudi Arabia, India and other new global powers, can Great Britain compete? Picture the scene: the year is 2040, the Olympic Games are back in London; Danny Boyle – at the age of 83 – has been persuaded out of retirement to [...]
Virgin Atlantic boss slams Heathrow chief for dozing during fire April 28, 2025 A decision by the head of Heathrow Airport to go to bed during last month’s substation fire was “questionable,” the chief executive of one of its main airlines has said. In an interview with the Telegraph, Virgin Atlantic boss Shai Weiss said the behaviour of Thomas Woldbye was not that expected of a chief executive. [...]