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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Middle East’s sports path to boosting tourism

  • Doha and Riyadh have been selected to host the upcoming editions of the Asian Games---Doha in 2030 and Riyadh in 2034.
  • The mountain resort of Trojene, which is being developed in Saudi Arabia's futuristic Neom city, will host the 2029 Asian Winter Games.

Dubai, UAE—The Qatar football World Cup us set to cement the position of Middle East, especially the Arabian Gulf region, as a global sporting hub. The GCC region has especially been focusing on sports, hosting some of biggest events in gold, motorsports, horse racing and cricket. Doha and Riyadh have been selected to host the upcoming editions of the Asian Games—Doha in 2030 and Riyadh in 2034. Doha had hosted the games in 2006. The mountain resort of Trojene, which is being developed in Saudi Arabia’s futuristic Neom city, will host the 2029 Asian Winter Games. Investment in sports is also driven toward boosting the tourism in the region as it diversifies economy away from oil, explains TRENDS.