Saudi prince signs 800m-pound hotel investment venture
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Billionaire Saudi businessman Prince Al-Walid bin Talal has signed an 800-million-pound joint venture with the Bank of Scotland and Fairmont Hotels and Resorts to invest in luxury hotels in Europe, his company said.
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Dubai pays $100m to buy the Queen Elizabeth 2 liner which it will turn into a floating hotel.
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Business & money: Â· Shares hit record high after Â£732m market raidÂ· Emirate royal family is now biggest shareholder
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Saudi Arabian investors also bought a  large stake in UBS when the Swiss bank sold a roughly 9 percent  stake to the Singapore government, the Financial Times reported  on Friday.
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Shares of Saudi Arabia's dominant insurance firm rise 84% on their first day of trading.
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US gaming giant Harrah's Entertainment plans to invest up to $1 billion (519 million pounds) to snare three of the eight super-casinos to be built in Britain under relaxed gaming laws.
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A British company allegedly paid a Saudi prince more than $2 billion as part of an $85 billion arms deal between Saudi Arabia and Britain in 1985, a newspaper reported Thursday.
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Gulf Arab investors, including  billionaire Prince Alwaleed bin Talal, are in talks to build a  3 billion dinar ($7.96 billion) Disneyland theme park in  Bahrain, a newspaper reported on Tuesday, citing an unnamed  source.
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A property fund backed by an investment arm of the Dubai government bought prime west London property from the Queen's portfolio, the monarch's property managers announced on Wednesday.
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China Investment Corp., the nation's huge sovereign wealth fund seen as a tool to project Beijing's economic clout, was invited Friday by Britain's prime minister to set up its first overseas office.
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Gordon Brown's talks with King Abdullah of Saudi Arabia were very positive, British officials say.
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Saudi Arabia says it will raise oil production in an effort to bring down prices that have soared to more than $50 a barrel. Saudi Oil Minister Ali al-Naimi said Tuesday that the kingdom will step up its daily
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A wealthy Saudi prince has thrown his support behind media mogul Rupert Murdoch over the future of News Corp. Inc., after a large share purchase by US cable group Liberty Media triggered talk of a potential takeover bid, a report said.
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Arafat, who died last month, made the investment through a holding company he created called Onyx Funds, Bloomberg Markets Magazine reported.
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Prince Turki bin Nasser, until recently the deputy head of the Saudi airforce, has been linked to the series of police raids last week in the UK over the alleged Â£60m slush fund run by BAE Systems.
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The royal family of the Gulf kingdom of Qatar raises its stake in supermarket group Sainsbury's to 25%.
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December 02, 2004 LONDON Starting an eight-day European tour, President Roh Moo-hyun arrived here yesterday to a lavish welcome from Britain's royal family.