INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Saudi Arabia to host CAF Super Cup match between Al Ahly and USM Alger

Supporters of Saudi Football Club Al Hilal during a match in Riyadh. (AFP file)
  • The Super Cup first staged in 1993 has been won a record eight times by Ahly, followed by Egyptians Zamalek (four titles) and TP Mazembe (three titles)
  • CAF general secretary Veron Mosengo-Omba said the kingdom has made big strides in global football and the Super Cup is now in a new territory

Johannesburg, South Africa–The 2023 CAF Super Cup match between Al Ahly of Egypt and USM Alger of Algeria will be staged in the Saudi Arabian city of Taif on September 15, the organizers announced on Saturday.

Ahly qualified for the annual match by winning the Champions League and USM by capturing the second-tier Confederation Cup.

First staged in 1993, the Super Cup has been won a record eight times by Ahly, followed by fellow Egyptians Zamalek (four titles) and TP Mazembe (three) from the Democratic Republic of Congo.

Saudi Arabia are the second Middle East country after four-time hosts Qatar to host the Super Cup match.

“We are excited to take the Super Cup to a new territory in Saudi Arabia — a country that has been making significant strides in global football,” said CAF general secretary Veron Mosengo-Omba.

“It is fitting that, in an era where many international stars are heading to Saudi Arabia, African football is also part of the movement.”

Reigning African Football of the Year Sadio Mane from Senegal is among many stars lured to the cash-rich Saudi league this year, teaming up with Cristiano Ronaldo at Al Nassr.