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According to sources familiar with the matter, alternative asset management giant Investcorp is acquiring a majority stake in a UK facilities management company, highlighting the continued overseas moves by Gulf investors despite the ongoing conflict

2026-06-22

According to sources familiar with the matter, alternative asset management giant Investcorp is acquiring a majority stake in a UK facilities management company, highlighting the continued overseas moves by Gulf investors despite the ongoing conflict in the Middle East. The Bahrain-based company is acquiring a stake in Smart Managed Solutions at a valuation exceeding $200 million.

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2026-06-22

Cuban president says long-time revolutionary leader and Castro ally Ramiro Valdés has died.

Cuban president says long-time revolutionary leader and Castro ally Ramiro Valdés has died.
2026-06-21

Following a June 18 memorandum of understanding, technical-level U.S.-Iran talks are scheduled in Switzerland on June 21, Pakistan said on June 20. Iran’s negotiating team has arrived in Switzerland and the U.S. vice president has departed to attend.

Following a June 18 memorandum of understanding, technical-level U.S.-Iran talks are scheduled in Switzerland on June 21, Pakistan said on June 20. Iran’s negotiating team has arrived in Switzerland and the U.S. vice president has departed to attend. On June 20 Iran’s military announced it was closing the Strait of Hormuz, citing U.S. failure to restrain Israel and alleged breaches of the MoU; the U.S. military said it had not detected any Iranian actions to close the waterway. President Trump on June 20 issued guidance on charging transit fees for passage through the strait.
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