Search Site

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Kamco Invest launches two funds

Kamco's assets under management surpass SAR 1bn.

Riyadh’s “Global Sports Tower” designs approved

Spanning 135 kilometers from Wadi Hanifah to Wadi Al Sulai, the Sports Boulevard project integrates vast green spaces and 50 sports facilities (Photo sourced from the official website of the Royal Commission for Riyadh City)
  • Standing at 130 meters, the tower will feature over 30 sports facilities
  • Designed with a blend of traditional and modern Salmani architecture, it promises to be a distinctive addition to Riyadh's skyline

Riyadh, Saudi Arabia – Riyadh has officially approved on July 10 the designs for the Global Sports Tower, set to be the tallest sports tower in the world, as part of its expansive Sports Boulevard project along Prince Mohammed bin Salman bin Abdulaziz Road.

Led by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the initiative’s purpose is to elevate the city’s global profile while enhancing local quality of life.

Standing at 130 meters, the tower will feature over 30 sports facilities, including a record-breaking indoor climbing wall reaching 98 meters and the world’s highest indoor running track with a 250-meter circuit.

Designed with a blend of traditional and modern Salmani architecture, it promises to be a distinctive addition to Riyadh’s skyline, offering visitors integrated infrastructure and pedestrian pathways, cycling pathways, horse-riding trails, and more.

Spanning 135 kilometers from Wadi Hanifah to Wadi Al Sulai, the Sports Boulevard project integrates vast green spaces and 50 sports facilities, further underlining Riyadh’s commitment to sustainable urban development. This initiative aligns with one of the objectives of Saudi Vision 2030: promoting a healthy active lifestyle across the Kingdom.

The approval of the Global Sports Tower’s designs marks a significant milestone in Riyadh’s urban transformation, combining innovation with community-focused infrastructure.

(This news was sourced from the Saudi Press Agency – SPA)