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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Saudi football body suspends, fines Ronaldo over gesture

Sports newspaper Al-Riyadiya reported Ronaldo as saying he respected all football clubs and that the gesture expressed "strength and victory"...
  • Saudi Arabian Football Federation said the Al-Nassr captain and former Porto star was also fined a total of $8,000 for the move, which broke rules against provoking the public
  • Video emerged after his side's 3-2 win against Al-Shabab showing Ronaldo making a repeated thrusting gesture towards his groin in response to crowds chanting Lionel Messi name

Booed Israeli swimmer says she felt safe in Qatar

Israeli swimmer Anastasia Gorbenko faced crowd jeering at Qatar's World Acquatics Championships after winning a silver medal in the women's...
  • Gorbenko took silver in the 400m freestyle but the crowd in Qatar whistled when she went up to collect her medal
  • Israeli swimmer said she had no misgivings about going up to collect her medal, despite the hostile reception

Extreme E races for electric SUVs 2024 kick off in Jeddah

Jeddah, Saudi Arabia - Organized by the Saudi Arabian Cycling Federation under the supervision of the Ministry of Sport, the...
  • The fourth annual "Extreme E" all-electric sport-utility vehicle (SUV) off-road racing series will witness the participation of eight two-racer teams
  • The first edition of this global competition was held in AlUla in 2021 and the 2022 and 2023 editions were held in NEOM

Qatar eyes second successive Asian Cup in final against Jordan

Doha, Qatar - An Asian Cup full of late goals and surprises reaches a climax on Saturday when hosts and holders...
  • With much of the crowd behind them and as reigning champions, Qatar will be expected to beat a Jordan side ranked 29 places below them by FIFA
  • In striker Akram Afif, Qatar have one of the players of the tournament and he scored a glorious goal against Iran to take his tally to five in six games

Paris Olympics’ organizers worry heatwave can spell trouble for games

A new study presenting "climate simulations to anticipate worst-case heatwaves during the Paris 2024 Olympics" has focused minds after it...
  • Organizers of the Paris Olympics, which will run from July 26 to August 11, say they are "fully aware" of the climate-related risks to the Games
  • Operational teams have run simulations looking at the consequences of shifting some outdoor events to earlier or later start times to avoid the heat

McIlroy has ‘frank discussion’ with Spieth over Saudi comments

SSG includes a number of high-powered sports owners including the Fenway Sports Group, owners of English Premier League club Liverpool,...
  • Jordan Spieth, who took McIlroy's spot on the board in November, raised eyebrows this week with his comments that the merger may no longer be necessary for the PGA Tour
  • Speith's remarks came after the PGA Tour announced a new a partnership and investment deal with the Strategic Sports Group (SSG)

Jordan defeats Tajikistan to reach first Asian Cup semi-final

DOHA, QATAR - Jordan set up a semi-final against South Korea or Australia after ending Tajikistan's fairytale Asian Cup run with...

Al Nassr thrash Inter Miami as Ronaldo, Messi watch on

Otavio drilled in the opener as Miami lost the ball trying to play out from the back, bringing Ronaldo to...
  • Ronaldo's calf injury prompted Al Nassr to cancel their two-game China tour last week and it denied him what could have been a last match against rival Messi
  • Their most recent meeting came in January 2023 when Ronaldo played in a Saudi select team beaten 5-4 by Messi's PSG

Saudi football chief brands Mancini penalty walkout ‘unacceptable’

Doha, Qatar - The president of Saudi Arabian football said Roberto Mancini's disappearing act before the end of the penalty shootout...
  • The Italian did not stick around to see South Korea's Hwang Hee-chan eliminate his Saudi side in the last 16 in Doha with the decisive spot-kick
  • Roberto Mancini, 59, apologized afterwards for walking down the tunnel before their fate was sealed, saying: "I thought it was finished."

Iran ‘following dreams’ in trying to win first Asian Cup since 1976

Doha, Qatar - Iran are "following our dreams" in trying to win the Asian Cup for the first time in 48...
  • Three-time champions Iran face Syria in Qatar with a quarter-final against Bahrain or pre-tournament favorites Japan up for grabs
  • Along with holders Qatar, Iran are the only team left in the competition who went through the group stage with a 100 percent record

Verstappen out to silence McLaren in the battle of Bahrain

McLaren's Lando Norris holds a wafer-thin advantage over four-time world champion Max Verstappen going into this weekend's Bahrain Grand Prix.

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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...

Saudi pushes equal pay at launch of women’s tennis finals

The Women's Tennis Association (WTA) announced in April that Riyadh would host the next three editions of the tour finals...

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...

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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.

What has gone wrong for Saudi-backed Newcastle?

Despite qualifying for the Champions League for the first time in 20 years, Newcastle still had to tread a fine...
  • Eddie Howe's men are languishing in 10th place in the Premier League with 10 games to go and any hope of the club's first major trophy since 1969 is over for another year
  • In a season in which the Premier League's profit and sustainability rules (PSR) have begun to bite, few clubs have been as affected as Newcastle

Ten years from home World Cup, Saudi sizes up ‘huge challenge’

As the only  bidder, Saudi Arabia was anointed host of the 2034 World Cup last October by FIFA. Infrastructure is...
  • To host the 48-team World Cup, the country needs 14 all-seater stadiums capable of holding at least 40,000 people, according to the bid document
  • Saudi sports ministry is preparing to issue tenders worth 10 billion riyals ($2.69 billion) to build and expand football venues, according to domestic media