FIA President Mohammed Ben Sulayem receives Arab and MENA backing

DUBAI: The FIA Members for Sport for MENA region and Arab Council of Touring and Automobile Clubs sub-region have released a statement of support for FIA President Mohammed Ben Sulayem against what they see as “false allegations” of interference in sporting decisions during the 2023 Formula One season.

EA Sports FC Ramadan Tournament held in Riyadh for MENA gamers

‘The sword has a history among the Arabs’: Inside Saudi Arabia’s fencing scene RIYADH: In the heart of Saudi Arabia, sports halls bustle in the evenings with fencers as young as 8 years old, as swordsmanship spreads rapidly across the Kingdom. It is a testament to the work carried out by the Saudi Arabian Fencing Federation … Read more

Early-stage startups across the MENA region secure funding rounds

CAIRO: Startups throughout the Middle East and North Africa region are experiencing a surge in funding, significantly energizing the entrepreneurial ecosystem.  Across diverse locales such as Saudi Arabia, Bahrain, and Tunisia, early-stage companies have successfully attracted pre-seed and seed investments this week, propelling their development and expansion.  Saudi Arabia-based food tech startup Barakah successfully raised … Read more

La Liga’s Deportivo Alaves looking to spread sporting technology, innovation in MENA

On May 16, 2001, Deportivo Alaves of Spain’s La Liga were involved in one of the most famous matches in the history of European football. In an epic battle that was settled by a “golden goal,” the underdog team from Vitoria-Gasteiz in the Basque Country lost 5-4 to Liverpool in the final of the UEFA … Read more

Women returning to work after career break could add $385bn to MENA economy: PwC

RIYADH: Moody’s Investors Service has retained a positive outlook for Saudi Arabia’s banking sector thanks to the Kingdom’s economic diversification programs. In its latest report, the US-based credit rating agency said the demand for credit for government-backed projects will improve loan performance and generate strong profit for banks in Saudi Arabia. “The banks’ operating environment … Read more

Al-Thaqafiah TV named MENA region’s exclusive broadcaster of 96th Academy Awards ceremony

RIYADH: SRMG Labs, the creative and innovation agency founded by SRMG, won three awards at The Dubai Lynx Awards, the region’s largest creative festival organized by Cannes Lions. SRMG Labs wins included two Gold Dubai Lynx Awards in Outdoor, and Print and Publishing, recognizing their innovative “Newspaper Courts” campaign for Arriyadiyah. Additionally, SRMG Labs clinched a … Read more

EA Sports announces inaugural Ramadan Tournament for MENA region gamers

RIYADH: The Riyadh 2023 Global Esports Games are set for some decisive match-ups on Friday night that will decide who advances to Saturday’s finals. Hosted by the Saudi Esports Federation and presented by the Global Esports Federation, day three of the five-day flagship multi-title competition saw countries’ quests for glory and global supremacy edge closer … Read more

Professional Fighters League extends global reach with launch of PFL MENA after inaugural Riyadh event

DUBAI: Italian Jasmine Paolini battled back from a set and a break down in the final of the Dubai Duty Free Tennis Championships to win 4-6, 7-5, 7-5, secure her first WTA 1000 title, and spoil qualifier Anna Kalinskaya’s fairytale week. Kalinskaya had already written her name into the history books, beating world No.1 Iga … Read more

Saudi channel Al-Thaqafeyah to broadcast BAFTA film awards exclusively across MENA

RIYADH: Al-Thaqafeyah, a Saudi cultural channel operated by MBC Group, has announced that it is the exclusive Middle East and North Africa broadcaster of this year’s BAFTA film awards. Set to be broadcast live from London’s Royal Festival Hall on Sunday, Feb. 18, the ceremony promises a night of glamor, celebration and performances, showcasing “the … Read more

MENA startups close January with $86.5 million in funding

CAIRO: Investments in Middle East and North Africa startups amounted to $86.5 million in January, as 2024 kicked off at a slow pace. The figure represented a decline from December 2023’s $1.15 billion in funding, as well as a 34 percent decrease from the $103 million raised in January 2023. The UAE led the region … Read more