Tag: Britain

Kuwaiti firm agility acquires Britain’s Menzies to set up world’s airport services company

Jaber Ali

Agility, a Kuwait firm, has acquired Britain’s John Menzies for nearly $750 million, in a move to set up the world’s largest airport services, reports say. Agility currently holds a 19% stake in Menzies. Per the deal agreed, Menzies shareholders Read more

Saudi Arabia woos European partners to expand space program

Jaber Ali

Saudi Arabia’s space program leaders have met with French and British counterparts as the kingdom seeks to establish partnerships to the expansion agenda, Arab News reports. Abdullah Alswaha chairman of the board of directors of the Saudi Space Commission, the Read more

UK to ban Lebanese Hezbollah’s entire movement

KanelkaTagba

British authorities are on the verge of banning from their territories all branches of Lebanon-based Hezbollah that the government-led by Theresa May has labeled as a “disgusting group”. The decision, endorsed by Home Secretary Sajid Javid and Foreign Secretary Jeremy Read more

Iran: US pressuring Berlin to block money withdrawal from Germany-held accounts

KanelkaTagba

US ambassador to Germany Tuesday urged German authorities to prevent withdrawal by Iran of around €300 million ($350 million) from its Germany-based accounts as it faces suffocating economic pressure led by the United States.   Richard Grenell, a staunch aid Read more

Qatar’s Katara Hospitality deploys nearly $600 million to acquire New York Plaza Hotel

KanelkaTagba

Qatar’s Katara Hospitality has emerged as the new owner of New York’s palace-like Plaza Hotel after it splashed out around $600 million on the property near Central Park.  Hotel owner, India’s Sahara Group agreed to let to property to the Read more