Saudi Arabia’s sports fund invests in DAZN streaming service
Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...
Business
Bosnia and Egypt clinch crucial wins in Paralympic sitting volleyball
Since first qualifying for the Paralympics in 2000, Bosnia have never finished outside of the podium and they made a...
Arts & Culture
Qatar to hold its first-ever Formula One Grand Prix
The race will take place at the Losail International Circuit north of Doha on November 21 and will form the...
- The Australian GP, traditionally a season-opener, was moved towards the end of the season but was canceled for a second year running.
- Qatar has also signed a 10-year deal to host Formula One from 2023.
Analysis
2022 World Cup may help Qatar sustain growth
The projects initiated as part of hosting the tournament include the construction of eight stadiums, Doha Metro Rail, a new...
- Stadiums constructed for the world cup would be later given to local clubs for utilization
- QTA announced new tourism strategy which aims to attract 5.6 million visitors to Qatar annually by 2023
Business
Messi, Neymar’s club PSG to play in Riyadh Season Cup
PSG boasts a stellar line-up, with the likes of Lionel Messi, Neymar, Kylian Mbappé, and Sergio Ramos taking to the...
- The tournament will be played in January next year as part of the second edition of Riyadh Season
- The event, which celebrates the city, will be held from October 2021 to March 2022
Business
Fans to return in small numbers to UAE leg of Indian Premier League
The Board of Control for Cricket in India, in a statement on its website, has confirmed the earlier reports, which...
- The first of the 13 remaining IPL matches is scheduled to be played this Saturday
- Tickets are expected to go on sale from Thursday on platforms including the official IPL website
Business
UAE firm retained as IPL healthcare partner
The Board of Control for Cricket in India has renewed retained VPS Healthcare as its healthcare partner for the Indian...
- VPS Healthcare has set up a 100-member multidisciplinary team for sports medicine and Covid-19 management
- Two medical teams, comprising doctors, nurses, paramedics and lab technicians, will be assigned to each stadium for every match
Business
Iker Casillas to launch goalkeeper training center in Dubai
Called the Iker Casillas Goalkeeper Training Center, this will be the first such facility by the Real Madrid goalkeeper outside...
- The center is to be established in partnership with Dubai’s Fursan Hispania FC
- It will be helmed by former Spain international footballer Michel Salgado
Economy
Sports sector adds $1bn to Dubai economy each year
The growth in the sector is a result of the Dubai community’s increasing interest to participate in sports activities over...
- Around 1.5 million people regularly engage in sports and physical activities in the emirate, acccording to the Dubai Sports Council
- This has led to an increase in the number of national and international sporting events being hosted in Dubai
Business
Abu Dhabi Media taps STARZPLAY to stream AFC matches
Enthusiasts may buy a subscription of 2 sports channels for AED15 (a little more than $4) or the entire STARZPLAY...
- From September, the matches are expected to be streamed on STARZPLAY
- The streaming will start with the Asian qualifying matches for the FIFA World Cup 2022 in Qatar
Saudi Arabia may host two F1 races in 2021
Saudi Arabia might host an extra Formula One race this year in order to help the organizers of the race...
BCCI announces remaining IPL match schedule across UAE
The 31 remaining matches of this year’s IPL will be spread across Abu Dhabi, Dubai, and Sharjah
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi Arabia’s sports fund invests in DAZN streaming service
Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...
Business
Company News
Riyadh to host Peace and Sport Middle East Forum in Oct
Arts & Culture
Latest News
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...
Arts & Culture
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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Business
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
Business
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