INSEAD Day 4 - 728x90

Sports

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Abu Dhabi council review budget, sports development

Abu Dhabi, UAE - Abu Dhabi Sports Council discussed business developments and plans for developing the sports sector here, local...
  • The board reviewed the general financial budget for 2024, which reflects the strong performance of the council and its impact on the sports sector
  • They also reviewed the strategic and operational performance report for the first half of 2023 and the performance indicators report

Turkish clubs financially hit attracting big names in transfer market

Eyes have been on Saudi clubs' transfer outlays which have rivaled those of the top European sides, but Turkish teams...
  • Reigning Turkish champions Galatasaray spent US$32 million this summer, down on the US$45 million of the same window last year.
  • Economist Kerem Akbas believes trying to appease football fans in the country pushes clubs into spending money they cannot afford.

China fans cheer for Syria after ‘another embarrassing defeat’

Beijing, China - Angry China fans turned on their team and applauded the visiting Syrians off the pitch after what Chinese...
  • China's Serbian coach Aleksandar Jankovic blamed bad luck for the 1-0 friendly loss in Chengdu on Tuesday, which came days after they were held 1-1 by Malaysia also at home
  • President Xi Jinping wants China to one day host and even win the World Cup, but they are ranked 80th in the world and confidence is rock-bottom ahead of World Cup qualifying

Saudi clubs spent $875.4m on new players from June 1- Sept 1, says FIFA

Spending by Saudi Arabian football clubs in the transfer window just closed was second only to that by teams in...
  • Much of the Saudi Pro League's business was done with English Premier League clubs, which received $698 million in overseas transfer fees.
  • The Pro League's net spend, deducting money received from selling players, was $907 million, placing it behind Premier League's net spend of $1.39 billion.

Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq

London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League....
  • The 27-year-old forward is the latest Premier League player to head to the Gulf nation, joining former Liverpool midfielder Jordan Henderson at Al-Ettifaq.
  • The Jamaica international said that he would be "forever proud" to have played for Everton, who are in the relegation zone after a poor start to the season.

Israel’s sports team makes landmark visit to Saudi Arabia

Riyadh, Saudi Arabia - An Israeli sports delegation arrived in Saudi Arabia on Monday to participate in the World Weightlifting...
  • Three Israeli weightlifters are set to compete in different weight classes during the World Weightlifting Championships
  • Israeli athletes are expected to participate in a competition in Qatar in December, even though neither Saudi Arabia nor Qatar maintains diplomatic ties

Saudi and Iran to resume home-and-away matches: AFC

The move by the two countries' football federations would contribute to "fostering closer ties between their respective footballing communities, allowing...
  • Saudi Arabia and Iran severed ties in 2016 after Saudi diplomatic missions in Iran were attacked during protests over Riyadh's execution of Shiite cleric Nimr al-Nimr.
  • The AFC then decided that football matches between the two countries would take place on neutral ground, an arrangement it described at the time as "most unfortunate".

Tunisian tennis star Ons Jabeur enters last 16 at US Open

Jabeur, who will now face China's Zheng Qinwen in the last 16 on Monday, said her punishing training regimen in...
  • Tunisian fifth seed Jabeur, whose own US Open campaign has been disrupted by a flu virus, completed a 5-7, 7-6 (7/5), 6-3 victory to subdue Bouzkova in 2hr 56min
  • A contest of high drama on the Arthur Ashe Stadium saw Bouzkova play virtually half of the match on one leg after suffering a thigh injury midway through the second set

Liverpool turns down Al-Ittihad $190m offer for Mohamed Salah

LONDON, UK - Liverpool have rejected a blockbuster £150 million ($190 million) offer for Mohamed Salah from Saudi Arabian side Al-Ittihad,...
  • Egypt star Salah has been linked with a move to the Gulf State for several weeks and it is believed a verbal offer was made to Liverpool by Al-Ittihad.
  • His agent had publicly ruled out a switch to Saudi during the close-season amid a host of Premier League stars opting to accept lucrative offers from the Gulf State.

Gulf Federation for Electronic Sports formed, will develop regional talent

Riyadh, Saudi Arabia - The Gulf Federation for Electronic Sports was established Thursday on the sidelines of the Next World...
  • A total of 14 MoUs and agreements were signed at the Next World Forum, an event in Riyadh that brings together leaders and experts of the gaming and e-sports.
  • The agreements included aspects related to federations, sponsorships, proposed values, and education.

India, Pakistan trade accusations after Asia Cup trophy debacle

Dubai, United Arab Emirates - Pakistan captain Salman Agha said India had "disrespected cricket" while Indian counterpart Suryakumar Yadav complained...

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Saudi taekwondo star edged out in historic Olympic women’s medal pursuit

Abu Taleb had qualified for the Games by bagging gold at the 2020 Arab Taekwondo Championship and bronze medals at...

Saudi Arabia submits official bid to host FIFA World Cup 2034 after successful Qatar event in 2022

The next steps include official visits by FIFA and a comprehensive evaluation of the bid.

First Palestinian Olympic boxer fights hurdles before history

Beitunia, Palestinian Territories - Every morning Palestinian boxer Waseem Abu Sal checks texts from his Cairo-based coach -- a Gazan who...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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From fighting boys to Saudi Olympic history for female taekwondo star

Abha, Saudi Arabia - Saudi taekwondo standout Donia Abu Taleb had an unusual introduction to the sport: for years she trained...
  • Donia Abu Taleb has become the first Saudi woman to qualify for the Olympics and is dreaming of bringing home the Gulf kingdom's first gold medal when she competes in Paris
  • Abu Taleb has taken advantage of the newfound state backing, bagging gold at the 2020 Arab Taekwondo Championship and bronze medals at the Asian and world championships in 2022

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...
  • Against the backdrop of the war in Gaza, the Palestinian team has already claimed footballing history this year by making a debut appearance in the Asian Cup knockout phase
  • On Thursday, Palestine, who came into the Group I match with seven points, only needed a draw to progress, and they got the desired result

Global football stars choose Red Sea destination for holiday

TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
  • Among the football stars were Cristiano Ronaldo, Fabinho Tavares, Roger Ibanez and Roberto Firmino.
  • They also engaged in various water sports and marine activities, making the most of their time.