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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

$100m platform set to give MENA esports a boost

Zain-PlayHera joint venture aims to enhance the capabilities of esports professionals and nurture local talent in the regional markets
  • The partnership, which delivers the first esports platform in the region, aims to enhance the capabilities of esports professionals
  • It will also nurture local talent in the region’s markets by creating an enabling environment for esports content creators and designers

Europe clubs lost €7bn due to Covid-19 pandemic: UEFA

The latest UEFA study includes the consolidated results of these same 711 clubs for the year 2020, as well as...
  • Gate receipts were decimated, sponsorship was down, and television rights receipts were hit
  • Clubs are believed to have suffered a €4-billion hit in 2019-2020, and €3 billion in 2020-2021

Low-key Beijing 2022 Olympic torch relay kicks off

More than 1,000 torchbearers will carry the flame through competition areas in Beijing and the neighbouring city of Zhangjiakou.
  • More than 1,000 torchbearers will carry the flame through competition areas in Beijing and the neighbouring city of Zhangjiakou
  • Audiences for the torch relay will be strictly limited with China encouraging its people to follow the event online rather than try to catch a glimpse of the procession in person

Women attend Iran-Iraq match in Tehran stadium

The last time Iranian women were allowed to attend a football match of their national team, after decades of being...
  • FIFA ordered Iran in September 2019 to allow women access to stadiums without restriction and in numbers determined by ticket demand
  • A month later, women were able to attend the 2022 World Cup qualifying match between Iran and Cambodia in the Azadi Stadium

UNHCR partners with Qatari climber for refugee welfare

The UNHCR announced the partnership with Qatari athlete Sheikha Asma Al-Thani in a statement on its official website.
  • The UN refugee agency partnered with Sheikha Asma Al-Thani to raise awareness on the plight of refugees
  • She is also expected to help the agency advocate for the rights of those forced to flee due to conflict and persecution

Football transfer values hit 5-year low in 2021: FIFA

A total of 18,068 transfers were registered, against 17,190 in 2020, a rise of 5 percent. The top 10 transfers...
  • Spending on transfer fees was $4.86 billion, down 13.6 percent from 2020 and 33.8 percent from the record levels of 2019
  • Players from France accounted for the highest amount of spending, with $643 million, displacing Brazil from the top spot

Morocco looks to win Africa Cup of Nations title

Morocco head to Cameroon hoping to end a 46-year wait for a second Africa Cup of Nations title.
  • Morocco along with Ghana has not lifted the Cup of Nations trophy for a long time
  • Ghana is likely to finish runners-up to Morocco at worst and could prove awkward knockout opponents

Iran federation defends footballer in jersey row

Mehdi Mahdavikia recently wore a jersey featuring the flags of all FIFA member countries, including Israel, during a friendly match...
  • Mehdi Mahdavikia ‘must apologize to the Iranian people for his act and must stand trial because he has betrayed the Iranian nation’ an MP has said
  • ‘He is one of the greats of Iranian football’ and ‘a symbol of pride for the Islamic Republic of Iran’, the federation has said

Kuwait Gulf Games deferred, will be held in May 2022

Kuwait will host the third Gulf Games from May 11-21, Secretary-General of Kuwait Olympic Committee Husain Al-Musallam said on Sunday....
  • The Gulf Games include football, handball, volleyball, basketball, swimming, athletics, karate, Judo and others.

AfCon to be held as planned despite Omicron surge

The Confederation of African Football President Patrice Motsepe has confirmed that AFCON 2021 will go ahead as planned in January...
  • The AFCON will take place in Cameroon starting from January 9 to February 6, 2022 despite deadly surge of the Omicron virus
  • Nobody would be allowed to set foot in the stadiums without a negative PCR test

Skipper Battat leads Palestine on and off pitch at Asian Cup

Doha, Qatar - Musab Al-Battat has led Palestine on the pitch with his all-action performances and off it as the voice...

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Saudi hosts AlUla Desert Blaze, the toughest run in GCC region

AlUla, Saudi Arabia -- AlUla Desert Blaze, a unique running challenge, which kicked off on Saturday and saw participation of nearly 200 male and female...

UAE’s Olympic tapestry woven by pillars of progress

"It' time to promote the Olympic Movement's core values in close collaboration with national sports organizations and key authorities. The...

Mancini hired as Saudi Arabia team coach for $25m a year

Mancini's resignation from the Italy job came as a major shock, as earlier this month he had been handed responsibility...

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Spanish footballer Veiga to play for Saudi club Al Ahli

Gabri Veiga, one of Spain's most promising young players, signed for Saudi Arabian side Al-Ahli from Celta Vigo in a...
  • Neither Celta nor Al-Ahli disclosed Veiga's transfer fee but reports said it was around 35 million euros ($38 million).
  • Veiga was linked to several top European clubs this summer after impressing last season with Celta Vigo.

Liverpool manager dismisses suggestions Salah could leave for Saudi club

LIVERPOOL, UK - Liverpool manager dismissed suggestions on Friday that Mohamed Salah could become the latest star name to depart European...
  • Salah signed a three-year contract extension at Anfield just over 12 months ago.
  • Al-Ittihad are trying to lure the Egyptian to the Gulf state with a huge salary offer.

Al Yahyai is president of Regional Group 7 of International Equestrian Federation

Sharjah, UAE – Sultan Mohammed Khalifa Al Yahyai has been elected president of the Regional Group 7 of the International...
  • The elections were conducted virtually today where Al Yahyai won 10 votes
  • Al Yahyai said his election success demonstrates the faith the world has in the UAE