What a Saudi-run Heathrow will mean for passengers
Newcastle Football Club, the Independent newspaper, Rocco Forte Hotels, Selfridges, Aston Martin cars and now Heathrow Airport. Saudi Arabia is investing tens of billions of pounds in Britain and plans to invest tens of billions of pounds more. A consortium backed by the Public Investment Fund (PIF), Riyadh's sovereign wealth fund, is buying the 25 percent stake in Europe's busiest hub airport currently owned by Spanish infrastructure giant Ferrovial for £2.4 billion with private investment company Ardian.
It could increase ...