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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Saudi League starts, as world watches after a year of high-profile transfers

The world's biggest oil exporter has thrown hundreds of millions at sports deals including Ronaldo's capture, Formula One in Jeddah...
  • Clubs in the oil-rich Gulf state have drawn global stars, with Karim Benzema, Jordan Henderson and Sadio Mane among those following in Cristiano Ronaldo's footsteps
  • Last month Al-Hilal made a $328 million bid for Kylian Mbappe, though the Paris Saint-Germain striker reportedly refused to meet with officials from the club

PIF sets up SRJ Sports Investments firm

The investments are expected to localize partnerships.
  • The new company will target businesses specialized in offering unique fan engagement activities and transformative sports technology.
  • This firm will help bolster Saudi Arabia’s position as one of the world’s leading sports and entertainment destinations.

Will keep spending money to attract biggest names: Saudi League executive

British director Peter Hutton, who sits on the league's board, told the BBC: "I think the budgets are in place...
  • Clubs in the oil-rich Gulf state have lured global stars, with Karim Benzema, Jordan Henderson and Sadio Mane among those following in Cristiano Ronaldo's footsteps
  • Last month Al-Hilal made a $328 million bid for Kylian Mbappe, though the Paris Saint-Germain striker reportedly refused to meet with officials from the club

Sadio Mane joins Ronaldo at Saudi side Al Nassr

The twice African footballer of the year is the latest high profile player to join the cash-rich Saudi league. Both...
  • Mane won the Champions League and Premier League in six seasons with Liverpool and was a key part of Jurgen Klopp's devastating front three with Mohamed Salah
  • in the summer of 2022, Mane decided he wanted a new challenge -- unconfirmed rumours said he had tired of sharing the limelight with Egypt's Salah at Anfield

Saudi league’s transfer window can affect Europe’s clubs, says Liverpool

Singapore, Singapore - Liverpool manager Jurgen Klopp on Tuesday urged football authorities to address the late closure of the transfer window...
  • Since the start of the year, clubs in the oil-rich Middle Eastern kingdom have spent generously to sign some of the world’s leading players.
  • Brazilian midfielder Fabinho on Monday became the third Liverpool player to move to a Saudi club in this close season when he joined Al-Ittihad.

French footballer Maximin to play for Al-Ahli after three-year deal

Paris, France - French winger Allan Saint-Maximin on Sunday signed a three-year deal with Saudi Arabia's Al-Ahli after leaving English club...
  • Saint-Maximin, 26, made 124 appearances for Saudi-backed Newcastle and scored 13 goals since joining from Nice in 2019.
  • The financial terms of the deal were not revealed but English press reports have estimated it to be in the region of $38.5 million.

Cash rich Saudi football league ‘changed market’, says English club

SEOUL, SOUTH KOREA - Manchester City manager Pep Guardiola said on Saturday that the Saudi Pro League had "completely changed the...
  • "The Saudi league completely changed the market," Manchester City manager Pep Guardiola said.
  • City winger Riyad Mahrez this week became just the latest big name to move to Saudi football.

Saudi club Al-Ahli signs Manchester City player Riyad Mahrez

London, United Kingdom - Manchester City forward Riyad Mahrez has left the treble winners to join Saudi side Al-Ahli, the two...
  • The 32-year-old Algerian winger joined Pep Guardiola's team in 2018 from Leicester, winning 11 major trophies at the club.
  • City agreed a fee understood to be worth up to £30 million ($38.6 million) with Al-Ahli last week.

Turkey, Italy seek joint hosting of Euro cup 2032, says UEFA

Paris, France - Italy and Turkey have asked to jointly host the 2032 European Championship, UEFA announced on Friday. European football's...
  • Turkey, who lost out to Germany for Euro 2024, entered the process for both editions, while Italy decided to bid only for 2032.
  • In 2021, UEFA initiated a bidding process for the hosting of two editions of its European Championship, in 2028 and 2032.

Saudi club Al-Ettifaq signs English footballer Jordan Henderson

Liverpool, United Kingdom - Liverpool captain Jordan Henderson completed his move to Saudi Pro League side Al-Ettifaq on Thursday, becoming the...
  • The 33-year-old, who played 492 matches for Liverpool, scoring 33 goals, has finalized a deal with reported wages of up to £700,000-a-week.
  • Liverpool are due to receive an initial £12 million ($15.5 million) from the Saudi club. The England international will be reunited in Saudi with Gerrard, who is Al-Ettifaq coach.

Palestine create history by reaching third round of World Cup qualifiers

Hong Kong, China - Palestine created history when they booked a place in the third round of the FIFA World Cup...

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Palestine’s Asian Cup team seeks to ‘put smile’ on their compatriots

Doha, Qatar - The Palestinian team hope to reach the knockout stage of the Asian Cup for the first time to...

Son set to light up Asian Cup as Qatar takes center stage again

The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the...

Qatar under pressure in Asian Cup defence after abrupt Queiroz axing

Queiroz, who coached Iran at the World Cup and was assistant to Alex Ferguson at Manchester United, had a four-year...

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Gaza war overshadows football as Asian Cup looms for Palestine

The Palestinian Football Association had celebrated in June last year when the national team won -- for the third time...
  • Qatar hosts the 2023 Asian Cup from January 12 to February 10, and Palestine will play its opening game on January 14 against Iran
  • Palestinian team's coach said the team hopes to "qualify for the latter stages of the Asian Cup and show the honorable face of Palestinian football"

Saudi football dominates Gulf sports scene this year

The Kingdom's football undergoes a historic transformation in 2023 with major investments and player signings, and Saudi Arabia wins the...
  • The Kingdom's football undergoes a historic transformation in 2023 with major investments and player signings, and Saudi Arabia wins the bid to host the 2034 FIFA World Cup.
  • UAE-owned Manchester City wins the Champions League, while Qatar hosts major 2023 sports events, preparing for the 2024 Asian Football Cup, taking the Gulf sports to next level.

ADQ signs multi-year sponsorship agreement with Egypt’s Pyramids Football

Abu Dhabi, UAE – ADQ, an Abu Dhabi-based investment and holding company, on Thursday announced the signing of a multi-year sponsorship...
  • Since its establishment and rebranding from Al Assiouty Sports Club in 2018, Pyramids FC has rapidly grown to become one of the high-performance football clubs
  • Along with its portfolio companies, ADQ actively supports the development of key sectors of Egypt’s economy through its investments