INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia

25 national teams will be participating in the league. (@Saudi_Esports)
  • These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.
  • Prince Faisal bin Bandar bin Sultan said the arrangement of the Afro-Arab Esports League demonstrated of the sector's importance in both the Arab and African realms.

Riyadh, Saudi Arabia — The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25 national teams.

These teams will compete for three days in a variety of tournaments tailored for both men and women, covering popular games such as eFootball and Valorant.

The inauguration ceremony of the Afro-Arab Esports League was held with the presence of Prince Faisal bin Bandar bin Sultan, chairman of the Saudi Esports Federation and chairman of the Arab Esports Federation, and Dr. Ashraf Sobhi, the Egyptian Minister of Youth and Sports.

Heads of Esports federations also attended the event, including Kuwait, the United Arab Emirates, Tunisia, Senegal, Kenya, Ghana, Morocco, Bahrain, Oman, Cameroon, Mali, Somalia, Libya, Syria, Iraq, Burkina Faso, Jordan, Lebanon, Ivory Coast, Djibouti, South Africa, Namibia, and Nigeria.

Prince Faisal said the arrangement of the Afro-Arab Esports League demonstrated of the sector’s importance in both the Arab and African realms.

He highlighted it as a primary means to foster cultural exchange and collaboration among the participating nations, expressing hope that over time, more of its counterparts from the Arab world and African countries would join the participating teams.

He also emphasized the desired goals of these championships, which provide an opportunity for players to come together, share experiences, and celebrate their shared passion while competing in the realm of Esports.

Meanwhile, Dr. Sobhi lauded the efforts of Prince Faisal in spearheading the creation of the Afro-Arab Esports League. He highlighted the importance of uniting the youth from the Arab and African regions in a single platform to engage in these competitions, noting its evident significance and the numerous opportunities it provides for growth.