Saudi Arabia’s Public Investment Fund and French firm Ardian have acquired a combined 37.6% stake in Heathrow Airport for £3.26 billion, marking a strategic move to expand global infrastructure investments and support the airport's modernization plans.
Saudi Arabia is transforming its economy through the Vision 2030 initiative by investing in the fashion industry, supporting local talent, empowering women, and promoting sustainability, positioning itself as a rising fashion hub in the Middle East while blending cultural heritage with modern innovation.
The latest development, on Vision 2030 for Saudi Arabia and Vision 2031 for the UAE, involves a $36 billion M&A boom. By creating joint ventures and acquiring international entities, companies in Saudi Arabia and the UAE are capitalising on global market opportunities while reinforcing regional ties.
British Prime Minister Keir Starmer’s visit to Riyadh on the 9th of December 2024, resulted in several significant agreements aimed at enhancing cultural collaboration between Saudi Arabia, the United Kingdom, and France.
