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TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qatar World Cup countdown enters final week as teams arrive

The countdown to the World Cup in Qatar has begun as the first such tournament held on the Arab soil...
  • Domestic leagues will pause for six weeks to allow the tournament to take place, but preparation time is short
  • Qatar, a country of barely three million people, one of the world's biggest producers of natural gas, has spent lavishly as FIFA World Cup

Racism or Arab Bias? Western media’s heartburn over FIFA World Cup Qatar 2022

Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western...
  • Even as serious rights violations -- including corruption, human trafficking, racism and discrimination -- persist across Europe and US, Western world opts to focus on Qatar
  • European nations project themselves as guardians of humanity and take great pride in sermonizing to others but do not do much to fix flaws in their own backyards

Saudi Arabia to host Under-21 World Snooker Championship in 2023

Riyadh, Saudi Arabia- --Saudi Arabia will host the World Under-21 Snooker Championship for men and women in July 2023, SPA...
  • International Billiards and Snooker Federation has also agreed in principle to host the World Cup for Billiard and Snooker for men and women in Oct. 2024 for six balls and masters.
  • Hosting the championship is the kingdom's one more step towards the development and promotion of the sports sector in its pursuit to achieve the Saudi Vision 2030 goals.

Tel Aviv-Doha World Cup flights draws criticism from Qatari activists

While Qatar's Gulf neighbours Bahrain and the United Arab Emirates established relations with Israel through agreements mediated by the United...
  • The protest led by Qatar Youth Against Normalization was small but noticeable in a state where citizens very rarely speak out against authorities
  • Qatar has stated that normalisation with Israel is contingent to the establishment of a Palestinian state

US becomes first World Cup team to arrive in Qatar

An unknown number of players were on a Qatar Airways jet from New York that was among the first flights...
  • The United States are playing in the finals for the first time in eight years and will be in one of the most politically-charged games
  • The American team are staying at the Marsa Malaz Kempinski on the Pearl, an artificial island north of Doha favored by expatriates

Qatar Airways official discards ‘rumors’ as airport expansion begins

After the multi-billion dollar overhaul, Hamad International Airport will take its capacity from 40 million passengers a year to 58...
  • The expansion adds 39 airport gates to the existing 140 at the airport, which is a major hub for transit passengers.
  • Qatar Airways has also eliminated 18 destinations from its schedule to increase flights from key World Cup markets.

Special World Cup flights to carry Israeli and Palestinian fans: FIFA

A deal was brokered between Qatar and Israel, who do not have diplomatic relations, so that flights are "temporarily operated"...
  • More than 10,000 Israeli and Palestinian fans have tickets fan passes. Israel severely restricts access to its main Ben Gurion Airport for residents of the Palestinian territories.
  • FIFA said Palestinian access would be "subject to Israel's security requirements and operational capabilities".

Qatar has thousands of World Cup rooms available: Accommodation official

There are at least 25,000 rooms free even during the peak days of the World Cup, expected between November 24...
  • For accommodation bookings, neighbouring Saudi Arabia has been the top market, followed by the United States, Mexico, Argentina, India, Britain, Brazil, Canada, Iran and Japan.
  • Qatar is the smallest country to hold the World Cup, leaving many foreign fans worrying about prices and the availability of rooms.

Adidas picks new CEO

The new CEO is being given a five-year contract, the firm said.
  • Bjorn Gulden, the Norwegian former professional football and handball player will take on the role from January next year
  • He has held senior roles at companies including shoe retailer Deichmann and clothing and sports equipment company Helly Hansen.

Middle East’s sports path to boosting tourism

The Arabian Gulf countries have hosted some of the biggest sporting events during the past decade. The World Cup is...
  • Doha and Riyadh have been selected to host the upcoming editions of the Asian Games---Doha in 2030 and Riyadh in 2034.
  • The mountain resort of Trojene, which is being developed in Saudi Arabia's futuristic Neom city, will host the 2029 Asian Winter Games.

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.

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Saudi set to host FIFA World Cup 2034 in either summer or winter

Despite summer temperatures touching 50 degrees Celsius (122 Fahrenheit) in the major cities, Saudi Arabian Football Federation president Yasser al-Misehal...

Saudi Arabia emerges as only bidder for 2034 World Cup

The Saudi bid comes one year after neighboring Qatar hosted the first World Cup in the Middle East, where the...

Al Hilal ranks among world’s 50 wealthiest clubs

European clubs owned by Arabs continue to dominate the rankings, with Sheikh Mansour bin Zayed-owned Manchester City standing at the...

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Esports scores big for Saudi economy, culture & jobs

The Kingdom, with its passion for sports and tech, is set to reshape the competitive gaming landscape by hosting the...
  • The Kingdom, with its passion for sports and tech, is set to reshape the competitive gaming landscape by hosting the world's premier Electronic Sports World Cup from 2024.
  • By 2030, Esports is set to add US$13.3bn to Saudi GDP, with 67% of Saudis into electronic gaming, potentially creating 39,000 jobs, and producing 30 world-class games.

No suspension for Mazraoui over Gaza post, says Bayern Munich

Berlin, Germany - Bayern Munich on Friday said defender Noussair Mazraoui would not be suspended, after a probe into the Moroccan...
  • In the wake of the deadly attack on Israel by Hamas, Mazraoui had put up several pro-Palestinian posts.
  • The club's chief executive Jan-Christian Dreesen said Mazraoui "credibly assured us he rejects terror and war" .

Indonesia backs Saudi Arabia’s 2034 World Cup bid

Last week, Indonesian FA president Erick Thohir had said the country was in talks with Australia for a possible joint 2034...
  • "Indonesia supports Saudi Arabia's bid to host the FIFA World Cup in 2034," Indonesian FA president Erick Thohir said in a statement on Wednesday
  • Thohir said last week that his scrapped joint bid proposal with Australia could also have involved games in New Zealand, Malaysia, and Singapore