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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

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 governing...
  • 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.

PSG allows Al Hilal to contact Mbappe over $333 million deal

Osaka, Japan - Paris Saint-Germain have given Saudi club Al Hilal permission to speak to Kylian Mbappe after tabling a world...
  • The Riyadh-based club has made a formal offer by letter, a source told AFP, but such a transfer could only be made with the agreement of Mbappe.
  • Mbappe has one year left on his contract with PSG, who want him to leave now rather than for nothing next summer.

FIFA defers decision on Palestinian request to suspend Israel

FIFA president Gianni Infantino said in a statement: "The FIFA Council has implemented due diligence on this very sensitive matter...

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Iraq upsets Japan to sail into knockouts of Asian Cup

Doha, Qatar - Aymen Hussein scored two first-half headers as Iraq stunned Asian Cup favorites Japan 2-1 on Friday to reach...

Turkish club send Israeli player to Maccabi Tel Aviv after Gaza controversy

ISTANBUL, TURKEY -  Turkish first division club Basaksekir on Thursday sent Israeli midfielder Eden Karzev on loan to Maccabi Tel Aviv following...

Afif helps Qatar exorcise World Cup demons at Asian Cup

Doha, Qatar - Asian Cup hosts and holders Qatar have been on a mission to banish the painful memory of their...

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Palestine lose to Iran at Asian Cup as Japan survive scare

Loud cries went up for the Palestinian anthem before the game and the team's players put their arms around each...
  • Palestine's first match of the tournament coincided with 100th day of Israel-Hamas war, the grim milestone adding extra significance to an occasion that went beyond football
  • Palestinian flags were scattered among the crowd of nearly 28,000 at Education City Stadium, and their goal just before half-time got the biggest cheer of the night

Ronaldo effect? Saudi spending spree fuels Asian Cup hopes

Saudi Pro League sides have shelled out to lure big-name players while Saudi Arabia is set to host the 2034...
  • Mancini left more than a dozen of the World Cup squad out of his Asian Cup roster, although injuries have also played a part.
  • Saudi Pro League clubs' spending on players over the summer was topped only by the English Premier League.

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...
  • "We as players are part of the Palestinian people and live through the same suffering as the people," captain Battat said on the evening of their opening match.
  • Palestine have been at the Asian Cup twice previously, and are yet to win a game, but their coach Makram Daboub said they hope to spring a surprise.