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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.

KSA and Egypt champions to inaugurate Qatar’s World Cup final stadium

Qatar announced Monday that the club champions of Saudi Arabia and Egypt will inaugurate the Lusail stadium to be used...
  • The 80,000 capacity gold coloured venue, in the Lusail new city just north of Doha, was the last of the eight World Cup stadiums to be completed
  • A test event is to be staged there on August 11 when a Qatar championship match between Al-Arabi SC and Al-Rayyan is held

Doha vows to complete building work before start of World Cup

Building work in Qatar's capital Doha, host of the 2022 World Cup, will be completed "well before the tournament", the...
  • The two days seminars will brief the qualified team staff of Qatar World Cup on logistics, security, playing conditions and refereeing
  • Representatives of the qualified nations can observe the preparation of stadiums for FIFA 2022 and can also visit training grounds ahead of the tournament's opening

Morocco and Israel face off in women basketball ‘friendly’ game

The Moroccan women's basketball team hosted their Israeli counterparts for the first time on Wednesday in a quiet slice of...
  • According to the Israel Basketball Federation (IBBA) website, it was the first time that Arab female players had faced an Israeli national team in their country
  • There were no spectators at the invitation only event

Media giants buy Indian Premier League cricket rights for $6.2 billion

India's cricket board said Tuesday it has sold the broadcast rights of the IPL tournament for the next five seasons...
  • The amount paid for the rights to one of the world's most watched sports contests dwarfs the $2.55 billion that Star India paid in 2017 for the previous five seasons to 2022.
  • The buyer was Viacom18, a joint venture between Reliance and US group Paramount Global as well as a group reportedly backed by James Murdoch.

FIFA says Israeli citizens can travel to Qatar World Cup

Israeli citizens will be allowed to travel to Qatar to watch football's 2022 World Cup, despite the absence of diplomatic...
  • Qatar does not have diplomatic ties with Israel. It supports Hamas and cut commercial ties with Israel in 2009.
  • The two countries had established commercial relations in 1996, when then Israeli prime minister Shimon Peres visited Qatar's capital Doha.

Algeria ex-football star Rabah Madjer on trial for fraud

Prosecutors in Algeria on Thursday said ex-football star Rabah Madjer should be jailed for 18 months, during his ongoing trial...
  • Madjer, who owned two newspapers, is accused of continuing to bank revenues from public advertising for a year after the papers were closed
  • Algeria's national publishing and advertising agency (ANEP) has demanded the return of fees as well as the payment of damages

Dustin Johnson heads field for $25 mn Saudi-backed LIV Golf opener

Former world number one Dustin Johnson will head the field for the inaugural $25 million LIV Golf Invitational Series event...
  • The US PGA Tour has refused to grant releases for its players in the LIV event, which clashes with next week's Canadian Open
  • The LIV tournament at Centurion Club at St Albans, north of London, will have the largest purse in golf history at $25 million

Salah’s loss plunges Egypt into gloom

Donning Liverpool jerseys, Egyptian soccer fans cheered "Mo Salah! Mo Salah" even as they struggled to hide their disappointment over...
  • It was another blow for Mohamed Salah who was reduced to tears twice this year following Egypt's losses to Senegal in both the African Cup of Nations final and the World Cup
  • For many in Egypt, where public gatherings are effectively prohibited, football offers a rare avenue for distraction away from daily struggles

Saudi football coach signs new deal after World Cup success

Saudi Arabia's coach Herve Renard has signed a new five-year deal after guiding the team to this year's World Cup...
  • The Frenchman was shown signing a shirt with the number "2027" in a video posted by the official Twitter account of the Saudi national team
  • Saudi Arabia reached their sixth World Cup and second in a row with room to spare after finishing top of their qualifying group ahead of Japan and Australia

Hosting FIFA World Cup 2022 will give hope to youth in GCC, says Qatar’s emir

Hosting the FIFA World Cup 2022 will give hope to the youth across the Gulf region, which has suffered for...

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...

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ESports debuts as Asian Games medal event but women left behind

Excited video-game fans thronged a shiny new arena in the Chinese city on Sunday as eSports made its debut at the...

Chinese President Xi Jinping declares biggest-ever Asian Games open

Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...

Afghan wushu fighters defy money woes to pursue Asian Games glory

Afghanistan will compete in 15 sports in Hangzhou, the country's first Asian Games since the Taliban seized power in 2021....

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Ronaldo helps Al Nassr to historic Asia Cup win in Iran

Ronaldo played a key role in Nassr's opener just after the hour, the Portuguese instigating the move that led to Abdulrahman...
  • The five-time Ballon d’Or winner, who has five UEFA Champions League titles to his name, captained the Saudi Arabian side to an opening three points in Group E
  • The match at the Azadi Stadium in Tehran was played without fans after the Asian Football Confederation upheld a one-game ban for Persepolis supporters dating back to 2021

New UAE sports law aims for unified governance

Abu Dhabi, UAE - The new UAE sports aims to establish a unified governance framework for all sports organizations and...
  • The law allows sports federations to enter into partnerships with institutions, both national and foreign
  • It also focuses on identifying and nurturing sporting talents in schools and clubs through national plans in collaboration with relevant authorities

Neymar and Al Hilal suffer scare in Asian Champions League

Runners-up in last year’s Champions League, Hilal were fortunate not to lose their Group B opener having gone behind on...
  • Neymar was making his first start for the record Asian champions having debuted on Friday as a substitute in the Saudi Pro League victory at home to Al Riyadh
  • The forward was subjected to some particularly robust treatment from Navbahor, and was incensed just before the hour when he was trod on after being dragged to the ground