Business of Sport Saudi Arabia explores options to own F1 team Owning a Formula 1 team could be the next step for Saudi Arabia after sponsoring the sport and hosting a grand prix, according to the chairman of the kingdom’s automobile and motorcycle federation. Prince Khalid Bin Sultan Al-Abdullah Al-Faisal told reporters in a video call ahead of this weekend’s race in Jeddah that the interest […] April 16, 2025
Gaming Riyadh offers record prize pool at Esports World Cup Riyadh will host the Esports World Cup this summer, offering a record prize pool of more than $70 million as the kingdom aims to become a global gaming centre. The tournament, which will run from July 7 through August 24, includes 24 games this season, adding chess and shooting games such as Crossfire, Fatal Fury: […] April 11, 2025
Business of Sport Former Saudi owner of English soccer club returns to pitch The former Saudi royal owner of the English Championship side Sheffield United, Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, is returning to the football market with a sports investment fund worth as much as SAR1 billion ($266 million). Prince Abdullah told the Sports Investment Forum in Riyadh this week that his group intends to […] April 10, 2025
Opinion Business of Sport Gulf nations gain ground in sport soft power ranking The Gulf's three big spenders all appear on the soft power list, but might well wish they were higher April 4, 2025
Opinion Business of Sport Gulf funds hope for slam dunk with European basketball Sixteen franchises could be launched across Europe and sold for a fee of about $500 million each. April 3, 2025
Infrastructure Morocco’s $1.3bn highway overhaul for 2030 World Cup Morocco plans to invest MAD12.5 billion ($1.3 billion) to develop its highway infrastructure for the 2030 Fifa World Cup. The investments, spanning from 2025 to 2032, will focus on three major projects: the Continental Rabat-Casablanca Highway, Tit Mellil-Berrechid Highway, and Ain Harrouda and Sidi Maarouf junctions, Morocco News World reported citing a statement from the […] March 24, 2025
