Heathrow to invest £2.3bn as Ardian and Saudis take stake December 18, 2024 Heathrow's investment is an uplift from prior forecasts of around £244m and will be used for upgrades across all its terminals.
Saudi Arabia promises ‘tournament of lifetime’ after getting 2034 World Cup December 11, 2024 Saudi Arabia has vowed to stage “the tournament of a lifetime” after Fifa confirmed the country as hosts for the 2034 World Cup. Its was the only bid and its appointment was a formality confirmed by acclamation at a virtual Fifa congress on Wednesday. As expected, six nations – Spain, Portugal, Morocco, Uruguay, Argentina and [...]
European football to rebel over winter World Cup in Saudi Arabia December 10, 2024 European football leagues are set to rebel against plans to host the 2034 Fifa World Cup in Saudi Arabia in the winter. The Middle Eastern kingdom is set to be officially confirmed as hosts for the 2034 edition of the World Cup on Wednesday at a Fifa congress meeting. The move could see Saudi Arabia [...]
Starmer to visit Gulf states as he strives to deepen trade ties December 7, 2024 Keir Starmer will strive to strengthen trade ties with Saudi Arabia and the United Arab Emirates (UAE) in his first trip to the Persian Gulf as prime minister. The PM will meet UAE president Sheikh Mohamed bin Zayed and Saudi Arabia’s crown prince Mohammed bin Salman on Monday, after flying to the Gulf on Sunday [...]
Why doesn’t Saudi Arabia sponsor rugby when it invests everywhere else? December 7, 2024 If you were going to have a gander through the list of sports sponsorship deals related – directly or indirectly – to the Kingdom of Saudi Arabia, you’d be scrolling for a good while. Because research by Play the Game reports that there’s a total of 910 deals between Saudi Arabia or Saudi companies/individuals and [...]
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, City AM understands. Whitehall sources confirmed to City AM 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 [...]