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.
E1, Puerto Banus and Saudi Arabia: The PIF mission to lure fans June 3, 2024 Why was the marina of Puerto Banus full of electric speed boats backed by the Saudi Arabian Public Investment Fund? Matt Hardy went to find out why the E1 Series is making a splash. Lady Haya, a 64m superyacht owned by the Saudi Arabian royal family, dominates the secluded marina of Puerto Banus. The so-called [...]
Usyk rematch with Fury confirmed for THIS YEAR May 29, 2024 Oleksandr Usyk and Tyson Fury are on course for a December duel with their rematch confirmed for the last month of the year. Undisputed heavyweight champion Usyk beat Briton Fury by split decision earlier this month in Saudi Arabia. But the rematch has been confirmed for 21 December according to Turki Alalshikh, the mastermind behind [...]
Startup Saudi – Technology and innovation are turning Saudi Arabia into the perfect partner for the City May 16, 2024 The international ambassador for the UK’s financial industry is excited about Saudi Arabia.
E1 aiming to join Formula E in establishing European race hubs May 11, 2024 The E1 speed boating series will head to Europe for the first time as the motorsporting discipline – with team owners including the likes of Virat Kohli, Sergio Perez and Tom Brady – sails into Venice. The electric powered machines will aid the highlighting of issues the Italian city faces when it comes to preserving [...]
McIlroy U-turns on PGA Tour board move over ‘old wounds’ May 8, 2024 Rory McIlroy has backtracked on plans to return to the PGA Tour policy board, saying the process had reopened “old wounds”. The four-time major winner had looked set to replace Webb Simpson on the board in an effort to help get a potential deal across the line between the PGA Tour, the DP World Tour [...]