Matthieu Favas
The international hub will serve pilgrims to Mecca in the nearby city of Taif, complementing the Jeddah and Madinah airports.
The Spanish developer has paid €95m to Atlantia for TowerCo, its second large-scale towers acquisition in less than a year.
.jpg "First State launches final fundraising round")
The Australian firm has a €2bn hard cap for its European infrastructure fund, which reached a €1.3bn fourth close last September.
.jpg "Cheung Kong places 11th-hour bid for Envestra")
The Hong Kong investment firm has offered A$2.37bn for the Australian gas distribution network just days before a shareholder vote on a rival bid by energy group APA.
The London-listed firm has benefitted from an uplift in the value of its European assets amid stabilisation of its Indian portfolio.
The French firm has hired three new recruits as it seeks to invest its freshly raised €530m Fund II.
The law firm’s new outpost is its sixth in Southeast Asia.
The UK fund manager has paid $450m for Beacon Rail, in a deal that also saw the company order an additional 25 locomotives.
The transaction is part of the overall acquisition of Scottish Widows Investment Partnership by the £320bn asset manager.
The UK solar fund, which completed its £85.6m IPO last month, is targeting £750m over the next three to five years.