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Partner in Saudi bid to buy Newcastle United is major Tory donor


Last modified on Tue 27 Apr 2021 12.32 EDT
An investor in the planned takeover of Newcastle United that received high-level support from Boris Johnson last year is a major Conservative party donor who has personally funded the prime minister’s constituency office and leadership campaign.
Jamie Reuben, 34, his father, David, and uncle Simon, who own the Reuben Brothers property development empire, were co-investors with the Saudi Arabian Public Investment Fund (PIF), and the financier Amanda Staveley, in the £300m bid to buy the Premier League club from Mike Ashley.
The deal stalled last May as the Premier League reportedly pressed PIF, whose chairman is the Saudi crown prince Mohammed bin Salman, for clarity about its structure, and whether it is a government entity. ....

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The Public Investment Fund of Saudi Arabia launches Cruise Saudi


The Public Investment Fund of Saudi Arabia launches Cruise Saudi
Mohammed Hassan/Unsplash
Cruise Saudi will be headquartered in the city of Jeddah
The Saudi Arabian Public Investment Fund has launched the Cruise Saudi company, which aims to establish and develop the cruise industry in Saudi Arabia.
The company will be headquartered in the city of Jeddah on the Red Sea coast. Cruise Saudi will form a bridge between sea and land operations by developing cruise ports and terminals in several Saudi cities to provide an integrated experience with the wider tourism sector in the country.
The company will also work in partnership with the relevant authorities on developing tourist destinations, with the aim of introducing cruise itineraries and creating opportunities for guests to explore Saudi heritage and culture. It aims to benefit from tourist attractions such as Unesco World Heritage sites and natural destinations in the country’s mountain and marine environmen ....

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Saudi Arabia Invites Greece To Be Involved In Trillion Dollar Megacity Project


Saudi Arabia invites Greece to be involved in trillion dollar megacity project
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At a time when international organizations are predicting a weak recovery of foreign investments, the Saudis are shaking the bank in the air and inviting Greek construction companies to take part in a crazy party of billions…. or rather trillions of euros!
The invitation is not words of air.
This is an official letter from the head of the Construction Authority of Saudi Arabia (SCA), inviting Greek construction and technical companies to participate in the work of an online forum for the presentation of major projects. ....

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