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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.

Yemen rebels attack oil facilities near Saudi F1 track

Friday's attacks targeted ‘Aramco facilities in Jeddah and vital facilities in the capital of the Saudi enemy, Riyadh’, tweeted Houthi...
  • The Houthi rebels of Yemen have frequently launched similar assaults on Saudi oil facilities
  • However, the Jeddah attack came as a worldwide audience tuned in for the F1 Grand Prix

Arabs denounce ‘double standard’ of Russia sports bans

Palestinian midfielder Mohamed Rashid said, 'It makes us feel like our lives are cheaper than the lives of those in...
  • In the beginning of March, the national flag of Ukraine was displayed at all English Premier League matches to show solidarity
  • FIFA and UEFA suspended Russia from all international competitions days after Moscow's invasion of Ukraine

UFC, martial arts group, to return to UAE in October

The world’s premier mixed martial arts organization UFC will return to UAE in October 2022 at Abu Dhabi Showdown Week...
  • The UFC 281 will be the third event of a five-year partnership between DCT Abu Dhabi and the UFC
  • It will mark the promotion’s 17th overall event in Abu Dhabi, dating back to UFC 112: INVINCIBLE in April 2010

Qatar’s Invincibles stir up World Cup hopes

When Al Sadd wrapped up a second straight Qatar title by stretching their unbeaten league run to 49 games, they...
  • Al Sadd's squad contains the bulk of Qatar's national side, as well as a former Arsenal star Santi Cazorla and ex-Premier League regular Andre Ayew
  • "Most of Al Sadd's players are internationals and this (success) stimulates enthusiasm, courage and the desire to be fully ready for the World Cup," the 24-year-old told AFP

Bahrain and the Netherlands discuss ways to boost ties

Bahrain and the Netherlands discussed ways to strengthen cooperation and boost the youth sector in both countries through exchange of...
  • Both sides lauded the distinguished relations between Bahrain and the Netherlands in all fields
  • They also highlighted the major initiatives and programs launched to support the youth sector

Chelsea bags FIFA world champion title in Abu Dhabi

Chelsea was handed the prestigious trophy by FIFA president Gianni Infantino.
  • A total of 32,871 fans at the Mohammed bin Zayed Stadium in Abu Dhabi witnessed the finals between Chelsea and Palmeiras
  • Goals from Romelu Lukaku and Raphael Veiga saw the game finish 1-1 in normal time before Kai Havertz hit the winning goal

Kuwaiti Crown Prince urges officials to develop sporting spirit

Al-Sabah said this in a speech at Bayan Palace when receiving Minister of Public Works and State Minister for Youth...
  • Al-Sabah said this in a speech at Bayan Palace when receiving Minister of Public Works and State Minister for Youth Affairs Ali Al-Mosa
  • He was presented with the three winning teams of the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah Championship

$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

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...

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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...

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...

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...

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Saudi clubs spent $875.4m on new players from June 1- Sept 1, says FIFA

Spending by Saudi Arabian football clubs in the transfer window just closed was second only to that by teams in...
  • Much of the Saudi Pro League's business was done with English Premier League clubs, which received $698 million in overseas transfer fees.
  • The Pro League's net spend, deducting money received from selling players, was $907 million, placing it behind Premier League's net spend of $1.39 billion.

Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq

London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League.The...
  • The 27-year-old forward is the latest Premier League player to head to the Gulf nation, joining former Liverpool midfielder Jordan Henderson at Al-Ettifaq.
  • The Jamaica international said that he would be "forever proud" to have played for Everton, who are in the relegation zone after a poor start to the season.

Israel’s sports team makes landmark visit to Saudi Arabia

Riyadh, Saudi Arabia - An Israeli sports delegation arrived in Saudi Arabia on Monday to participate in the World Weightlifting...
  • Three Israeli weightlifters are set to compete in different weight classes during the World Weightlifting Championships
  • Israeli athletes are expected to participate in a competition in Qatar in December, even though neither Saudi Arabia nor Qatar maintains diplomatic ties