Saudi Sovereign Wealth Fund to take further step into infrastructure with stake in Heathrow

Riyadh poaches architects of the UAE's success to accelerate own mega projects 

To gain pace on Mohammed bin Salman's goal to turn the kingdom into a global exchange hub, the Saudi sovereign fund is investing heavily in infrastructure. With the end goal being to usurp the United Arab Emirates, Riyadh is actively recruiting among the foreign nations who contributed to the success of Dubai and Abu Dhabi.

Abu Dhabi backs Macron's One Planet Summit movement 

As the French president redoubles his efforts to attract foreign investors to France, his team at the presidency is organising a meeting in Abu Dhabi for the different groups of financial institutions set up as part of the One Planet Summit.

Paris creates new ambassador role for sovereign wealth funds, eyes PIF, ADIA, QIA, ADQ 

In a bid to attract more foreign capital to France, the government is creating a new ambassadorial position for sovereign wealth funds. The new role would establish a direct channel between Paris and SWFs, especially those from the Arab Gulf states such as PIF, ADIA, QIA and ADQ.

Abu Dhabi and Riyadh compete to rescue Egyptian economy 

To help President Abdel Fattah el-Sisi through Egypt's financial crisis, Saudi Arabia's sovereign fund has announced a series of investments in Egyptian companies, following the lead of Abu Dhabi's ADQ. The two Gulf states are jostling to take the lead on providing financial support to Cairo.

Global Diwan's annual forum on French Riviera to have Saudi focus 

The Global Diwan business club's annual forum in Nice on 8 and 9 September will place a strong emphasis on Riyadh, with a large panel of political and business guests from the Middle East expected to attend.

Tighter controls on the way over defence and intelligence officials switching to the private sector 

Among the many legislative reforms to be put forward in France's future revised military planning law, there is a proposal to keep tighter control of armed forces ministry officials looking to move into the private sector.

Macron to woo Gulf sovereign wealth funds at Choose France summit 

After kicking off his fifth Choose France summit next week, the French president has lined up an energy transition-focused meeting with representatives of numerous sovereign funds from the Arab peninsula.

• PARIS - French foreign office's Middle East head joins Ardian

• DUBAI - Norman Ricklefs' Namea Group hires ex-US consul Frayne

• PARIS - Former legionnaires head into private armed security

• LONDON - Another key Alaco manager quits

• PARIS - Ex-CEIS and GEOS director Argyriou shifts into auto industry

TotalEnergies and ADNOC push for French-UAE investors high committee  Free

During Mohammed bin Zayed's visit to Paris in July, the two countries will launch a business and investors club aimed at revitalising their bilateral economic ties and finding tools best suited to their respective markets.