Saudis

Sir Rocco Forte is set to develop five new luxury hotels in Europe after Saudi Arabia's Public Investment Fund acquired a 49% stake in Rocco Forte Hotels, valuing the company at £1.4bn. The investment has boosted the hotel group's…

Sir Rocco Forte is increasing the pace of expansion of his luxury hotel group after selling a 49 per cent stake to Saudi Arabia’s sovereign wealth fund which values the business at £1.4 billion. Rocco Forte Hotels announced the sale of…

Saudi Arabia has proposed cooperation and investment in Iran if it stops its regional proxies from turning the Israel-Hamas war into a wider conflict, "Bloomberg" reports. …

Crude Oil News and Analysis (Brent, WTI)The Saudis call for further cuts in oil production but fail to win overwhelming supportOil technical levels should be noted after gapping higher at the openIG client sentiment hints at a continuation…