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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

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.

Saudi spending spree won’t harm MLS’s Messi-led global push – Garber

Cristiano Ronaldo, who was long viewed as a possible MLS target, was the first to move to the Saudi league...
  • Messi signed for Inter Miami on Saturday, completing his move to MLS, after he turned down a huge offer to move to the Saudi Professional League
  • With Messi signed up, MLS hope that, together with broadcast partner Apple TV, they can bring in revenue by selling subscriptions to the league globally

FIFA bars Saudi club Al-Nassr from admitting new recruits

LAUSANNE, SWITZERLAND - Cristiano Ronaldo's Saudi club Al-Nassr are banned from registering new players until unpaid debts are settled, FIFA said...
  • The team "is currently prevented from registering new players due to outstanding debts", a FIFA spokesperson said.
  • "The relevant bans will be lifted immediately upon the settlement of the debts being confirmed by the creditors concerned", the spokesperson added.

Former AT&T chairman quits PGA Tour board over ‘serious concerns’ about deal with Saudi fund

PGA Tour and the Public Investment Fund (PIF) are partnering on creating a for-profit company that combines the PGA Tour's...
  • PGA Tour Commissioner Jay Monahan had announced the deal on June 6, causing surprise among the golf community
  • Stephenson's resignation comes shortly before Congressional hearings where details of the partnership will be discussed

Jeddah prepares to host 4th edition of Formula 1 Saudi Arabian Grand Prix

Jeddah, Saudi Arabia - The Formula One Organizing Committee announced on Thursday the initial calendar for the 2024 FIA Formula...
  • The 4th edition of the Formula 1 Saudi Arabian Grand Prix will be held on the Jeddah Corniche Circuit on March 7-9, 2024
  • The FIA Formula One World Championship begins in Bahrain on March 2 and ends in Abu Dhabi on December 8

UAE to host two new international falconry events in Dec

Dubai, UAE - The International Federation for Falconry Sports and Racing (IFFSR) announced it will host the inaugural editions of...
  • The first edition of the Cup, set to take place over a 400-metre distance, will feature the participation of members of the International Federation for Falconry Sports and Racing.
  • The inaugural edition of the International Forum for Falconry Sports and Racing will focus on reviewing practical, scientific and field experiences related to falcons and the sport

Brazil footballer Firmino joins Saudi club Al-Ahli after Liverpool exit

Backed by the nation's sovereign wealth fund, the Saudi Pro League is luring big names from the major European leagues...
  • Firmino left Liverpool after eight seasons at Anfield, during which time he scored 111 goals in 362 appearances and won the Premier League, Champions League and Club World Cup
  • His arrival at Al-Ahli was revealed by the club in a video posted to social media and comes less than a week after the team concluded a deal to sign Edouard Mendy from Chelsea

Big money as Saudi Arabia makes foray into cricket with IPL auction

Crown Prince Mohammed bin Salman has backed extravagant sports investments -- set to culminate in Saudi Arabia hosting the football...

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Saudi Dakar rally 2024 concludes with participation of 778 drivers, co-drivers

Riyadh, Saudi Arabia - The city of Yanbu witnessed on Friday evening the closing ceremony of the 5th edition of...

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...

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Saudi Arabia unveils 45,000-seat multi-use stadium in Qiddiya City

RIYADH, SAUDI ARABIA - The Board of Directors of the Qiddiya Investment Company (QIC) announced on Monday the launch of...
  • Upon opening, the stadium is anticipated to host some of Saudi Arabia’s biggest sports, entertainment, and cultural events.
  • It aims to draw visitors from across the globe and revolutionize the traditional stadium experience with its immersive design.

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.