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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.

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...

Qatar all set to successfully begin the FIFA World Cup : Official

Qatar is ready for the launch of a safe and exceptional tournament, the Head of the FIFA World Cup Qatar...
  • The World Cup Security officer Al-Mohannadi said all the preparations indicates that the World Cup is a step away from starting.
  • He said all the countries participating in the World Cup were invited to cooperate with the International Police Cooperation Center.

All that glitters: How the money-spinning IPL turned cricket into gold

IPL teams receive a share of television rights, around 15 percent of ticket sales and sponsorship money as well. They...
  • IPL expanded to 10 teams this year from the original eight. Lucknow Super Giants and Gujarat Titans are the new franchises
  • Disney paid $2.55 billion for a five-year television and digital rights deal to broadcast IPL tournaments on Star India

Former tennis star jailed in Britain over bankruptcy

Former tennis star Boris Becker was on Friday jailed for two and a half years after being found guilty by...
  • Becker also failed to declare a property in Germany and concealed 825,000 euros ($866,500) of debt and shares in a tech firm
  • The six-time Grand Slam champion, 54, will serve half of the term having being convicted at Southwark Crown Court in London

Israel out of Euro 2024 chase, Ukraine in dramatic fightback

Israel's hopes of reaching the European Championships for the first time against the background of bloody conflict at home were...

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Sports shift economic goalposts for Middle East

In a bid to diversify their economies, Middle Eastern nations are turning to the sports industry, marked by significant investments...

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...

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...

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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