Saudi investor clinches Paris hotel dealGroupe du Louvre, a unit of Starwood Capital, said it had sealed a deal to sell the Hotel de Crillon in Paris to a Saudi investor, ending a long-running saga over the fate of one of the world's landmark hotels. The price paid by the bu More… |
Saudi investor could take MTC state in SeptAn investor from Saudi Arabia would likely take a stake of at least 10 percent in Kuwait's Mobile Telecommunications Co. (MTC) in September, a Kuwaiti newspaper reported. Shares of MTC, the second-largest Arab telecom firm by market value, More… |