British tourism return to Egypt’s resort city Sharm El-Sheikh after one-year hiatus

The Egyptian resort city of Sharm El-Sheikh on the Red Sea welcomed Sunday the first flight of British tourists to the resort since more than a year’s suspension due to the coronavirus pandemic. 150 passengers touched down Saturday at the Read more

Saudi PIF-led consortium to invest $340.5m in Newcastle united after takeover

The Saudi-led consortium has pledged to inject $340.5 million into British Premier League club Newcastle United to improve the English soccer iconic club after Thursday acquisition. The kingdom’s sovereign wealth fund, Public Investment Fund (PIF) landed the Northeastern English club Read more

Bahrain-based Investcorp acquires properties across US for $380m

Investcorp, a Bahrain-based Middle East private equity firm, has acquired 89 industrial properties in the United States for $380 million, Zawya notes, citing the company. The new acquisitions are located in Los Angeles, California, Dallas, Texas, Phoenix, Arizona, Seattle and Read more