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☆ Amnesty International warns FIFA of ‘real and predictable human cost’ of awarding 2034 World Cup to Saudi Arabia
▼ + stars: | 2024-11-11 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

CNN —Amnesty International has urged FIFA to halt the process of awarding Saudi Arabia the 2034 World Cup until major human rights reforms are announced. “FIFA is implementing thorough bidding processes for the 2030 and 2034 editions of the FIFA World Cup, in line with previous processes for the selection of hosts for the FIFA Women’s World Cup 2023 in Australia and New Zealand, the FIFA World Cup 2026 in the United States, Mexico and Canada and the FIFA Women’s World Cup 2027 in Brazil,” a FIFA spokesperson told CNN. Saudi Arabia is the only nation bidding for the 2034 World Cup. Yasser Bakhsh/Getty ImagesFollowing its investment in several sporting competitions, Saudi Arabia has outlined ambitious plans for the 2034 World Cup. “There will be a real and predictable human cost to awarding the 2034 World Cup to Saudi Arabia without obtaining credible guarantees of reform,” Cockburn added.

Persons: “, ”, Yasser Bakhsh, Steve Cockburn, ” Cockburn, Prince Mohammed bin Salman, Prince Abdulaziz bin Turki Al Faisal, FIFA ” Organizations: CNN, Amnesty, FIFA, Saudi, Amnesty International, Sport & Rights Alliance, Labour Rights, Human Rights Watch, Saudi Arabia Football Federation, Balkis Press, BBC Sport, ”, Moroccan, Portuguese Football Federation Locations: Saudi Arabia, Saudi, Spain, Portugal, Morocco, Australia, New Zealand, United States, Mexico, Canada, Brazil, Uruguay, Paraguay, Argentina, Casablanca, Spanish, Moroccan

☆ Saudi Arabia’s coveted Masters 1000 tennis tournament has stalled as Six Kings arrives in Riyadh
▼ + stars: | 2024-10-16 | by ( Matthew Futterman | ) www.nytimes.com time to read: +11 min

After years of pushing, everything looks ready for Saudi Arabia’s billion-dollar move to become a major force in tennis to take off — with one major hitch. The Ministry of Sport of Saudi Arabia, the Saudi Tennis Federation (STF) and the WTA Tour then announced a three-year deal to host the tour finals. These moves raised Saudi Arabia’s tennis profile, but its potential new tournament at the start of the season was seen as the most important of its tennis investments — and its most divisive. It would cement Saudi Arabia’s place at the center of the sport, bringing with it an extensively criticized human rights record. Saudi Arabia’s moves into tennis have roiled the organisations behind the Grand Slam tournaments.

Persons: Carlos Alcaraz, Rafael Nadal, Daniil Medvedev, Holger Rune, —, Novak Djokovic, Turki Alalshikh, Rome —, ”, Nadal, Sinclair, Chris Evert, Martina Navratilova, “, Jamal Khashoggi, Henry Nicholls, Iga Swiatek, Adam Pretty Organizations: St, Saudi Arabia’s General Entertainment Authority, WTA, Saudi, ATP, Public Investment Fund, SURJ Sports Investment, U.S ., ”, Sport, Saudi Tennis Federation, WTA Tour, Sinclair, Tennis, Rights Watch, Athletic, Wimbledon, Getty, Australia, Tennis Australia, Laver Locations: Hotel, Riyadh, Saudi, Jeddah, Saudi Arabia, U.S, Indian Wells, Madrid, Rome, provisionality, PIF, Istanbul, Turkey, Australia, New Zealand

☆ Eddie Hearn: Boxing promoter predicts possible 2025 clash between Anthony Joshua and Tyson Fury
▼ + stars: | 2024-09-21 | by ( Ben Morse | Amanda Davies | ) edition.cnn.com time to read: +4 min

CNN —Two of British boxing’s biggest names in recent years – Anthony Joshua and Tyson Fury – have seemed destined to face off for a while now. But the plan has always been to see Anthony Joshua become undisputed,” Hearn told CNN’s Amanda Davies. “I mean, is there a person in the world who doesn’t want to see Tyson Fury fight Anthony Joshua? Richard Pelham/Getty Images“And I don’t think AJ can retire, I don’t think Fury can retire, I don’t think I can retire either until we get those two in the ring. “As he’s now 34, he’s long in the game, he’s very experienced, I don’t think he’s afraid to let people know how desperately he wants to win.

Persons: – Anthony Joshua, Tyson Fury –, Daniel Dubois, Eddie Hearn, Joshua, Dubois, Fury, Oleksandr Usyk, Hearn, we’ll, Anthony Joshua, ” Hearn, CNN’s Amanda Davies, Tyson Fury, Turki Al, AlShaikh, Richard Pelham, AJ, Dubois . Dubois, –, Filip Hrgović, Liam Gallagher, Noel, Hearn didn’t, Wladimir Klitschko, – Hearn, he’s, “ Organizations: CNN, British, IBF, Wembley, CNN Sport, Saudi Arabia’s General Entertainment Authority, Getty Locations: Riyadh, Dubois ., Usyk, British

The US said the attack lasted 30 minutes, hitting 85 targets across seven locations in Iraq and Syria. In 2016, the Iraqi parliament passed a bill recognizing the PMU as a government entity operating alongside the Iraqi military. A screengrab from a video, geolocated by CNN to the town of Qaim, Iraq, shows the aftermath of US military strikes in the area, according to the Iraqi Military. Iraq and Syria condemned the US attack as infringements on their sovereignty that risk fueling regional conflict. “The United States does not seek conflict in the Middle East or anywhere else in the world,” Biden said in a statement Friday, following the strikes on Iraq and Syria.

Persons: Joe Biden, –, Biden, Kennedy Ladon Sanders, Sanders, Matt Rourke, Qaim, Turki Al, John Kirby, Washington, ”, SANA, Kirby, Douglas Sims, “, Mike Johnson, ” Johnson, Jack Reed, Lloyd Austin, ” Biden, Charles Lister, ” Lister, Ebrahim Raisi Organizations: CNN, Hamas, Army, US Army, Dover Air Force Base, House, Hezbollah, Al, US National Security, Syrian, Joint Chiefs of Staff, Iran’s Revolutionary Guard Corps, Iraq’s Armed Forces, United Nations Charter, Republican, Senate Armed, US, Coalition Forces, Austin, Middle East Institute, Iraq Locations: United States, Iraq, Syria, Jordan, Iran, Gaza, Israel, Delaware, Iraqi, Al, ” Syria’s, Deir Ezzor, Gen, Qaim, ” Syria, Washington ,, Tehran

☆ Saudi Arabia's lavish sports push will now embrace snooker — and introduce a new golden ball
▼ + stars: | 2024-01-22 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Saudi Arabia will hold its first major invitational snooker event in March as the kingdom continues to make sizable investments into a growing number of sports. The "Riyadh Season World Masters of Snooker" will take place between March 4 to March 6 at Boulevard Arena in the capital of Riyadh. Games of snooker — a cue sport like billiards that is very popular in the U.K. and China — will take place under current World Snooker rules but with the introduction of a 23rd ball referred to as the "Riyadh Season" ball. This golden ball will be worth 20 points but will only be pottable on completing a maximum break. "We are thrilled to be hosting our first-ever professional snooker tournament in the Kingdom," said Turki Alalshikh, chairman of the Saudi General Entertainment Authority.

Persons: Ronnie O'Sullivan, Judd Trump, Ronnie O'Sullivan —, Luca Brecel, Turki Alalshikh, Alalshikh Organizations: Morningside Arena, Boulevard Arena, Saudi General Entertainment Authority Locations: Leicester, England, Saudi Arabia, Riyadh, China

Messi's Inter Miami will travel to Saudi Arabia in February to take part in the Riyadh Season Cup, which also includes Ronaldo's Al Nassr. Saudi Arabia has made a major push to be a big player in world soccer by signing some of the game's biggest players. Political Cartoons View All 1260 ImagesMessi took part in last season's Riyadh Season Cup with PSG and also came up against Ronaldo after the Portugal great's surprise move to Al Nassr. In May, Messi was fined and suspended by the French club for taking an unauthorized trip to Saudi Arabia. The Riyadh Season Cup is scheduled to be held in the first week of February at Kingdom Arena.

Persons: Lionel Messi, Cristiano Ronaldo, Al Nassr, Neymar's Al, ”, Turki Alalshikh, Messi, Germain, Ballon, David Beckham, Ronaldo, Sadio Mane, Sergej Milinkovic, Savic, Chris Henderson, Henderson, “, ” Henderson, Tim Reynolds, ___ James Robson Organizations: Messi's Inter Miami, Brazil, Saudi General Entertainment Authority, Paris Saint, MLS, PSG, Ronaldo, Miami, Leagues, Real, Copa America, Inter Miami, U.S, Inter Miami didn’t Locations: MANCHESTER, England, Saudi Arabia, Riyadh, Hilal, Paris, Portugal, Argentina, Barcelona, Real Madrid, Saudi, Al, China, Miami

There's a lot of military people here, I just don't understand how this objective can be realised," Ayman Safadi said at the annual IISS Manama Dialogue security conference in Bahrain. Israel vowed to wipe out Hamas since its deadly Oct. 7 cross-border rampage into nearby Israeli communities. And we need to end that today, not tomorrow," said Saudi Foreign Minister Prince Faisal bin Farhan. "Hamas cannot be in control of Gaza any longer," Borrell told the Manama Dialogue, an annual conference on foreign and security policy. The PA is deeply unpopular among Palestinians, perceived largely as a corrupt security subcontractor for Israel, and Israel is now under a hardline religious-nationalist government.

Persons: Ayman Safadi, Prince Faisal bin Farhan, Brett McGurk, Joe Biden's, Prince Turki al, Faisal, Josep Borrell, Borrell, Mahmoud Abbas, Abbas, Fatah, Anwar Gargash, Enas Alashray, Michael Georgy, Mark Heinrich Our Organizations: UAE, Hamas, Saudi Foreign, Israel, WHO, United Nations, Palestinian Authority, West Bank, European Union, West Bank ., United Arab Emirates, Thomson Locations: Israel, Gaza Gaza, Bahrain, Gaza, MANAMA, Palestinian, Manama, Gaza City, Regional, Saudi Arabia, GAZA, Saudi, U.S, UAE, Cairo

☆ Fury to fight Usyk in Saudi for undisputed heavyweight title
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] Boxing - WBC World Heavyweight Title - Tyson Fury v Derek Chisora - Tottenham Hotspur Stadium, London, Britain - December 3, 2022 Tyson Fury during his ring walk before his fight against Derek Chisora Action Images via Reuters/Andrew Couldridge/File Photo Acquire Licensing Rightsサマリー Fury and Usyk to fight in Saudi ArabiaDate yet to be announcedFight will create first undisputed champion since 1999Sept 29 (Reuters) - Tyson Fury and Oleksandr Usyk will fight for the world's undisputed heavyweight championship in Saudi Arabia at a date to be decided, organisers said on Friday. Britain's Fury is the WBC world champion while Ukrainian Usyk holds the WBA, WBO, IBF and IBO belts. "You can't run rabbit run anymore Usyk, you're getting it," Fury wrote on Instagram. Heavyweight boxing's last undisputed champion was Britain's Lennox Lewis in 1999. Reporting by Rohith Nair in Bengaluru/Alan Baldwin in London Editing by Toby Davis and Christian Radnedge私たちの行動規範：トムソン・ロイター「信頼の原則」

Persons: Tyson Fury, Derek Chisora, Andrew Couldridge, Usyk, Oleksandr Usyk, Britain's, Ukrainian Usyk, Fury, Britain's Lennox Lewis, Turki Alalshikh, Rohith Nair, Alan Baldwin, Toby Davis, Christian Radnedge Organizations: WBC, Tottenham Hotspur, Ukrainian, WBA, WBO, IBF, IBO, Queensbury Promotions, Riyadh's, Saudi Arabia's General Entertainment Authority Locations: London, Britain, Saudi Arabia, Riyadh, Bengaluru

Meanwhile, failed uprisings in Bahrain and eastern Saudi Arabia were followed by years-long crackdowns and a continuing civil war in Syria. “What we’re beginning to see in Saudi Arabia right now is the emergence of a new social contract. Saudi Arabia is the world’s biggest exporter of crude oil, and nearly two-thirds of its income still comes from selling fossil fuels. If Saudi Arabia can become a hub for major sporting events, then that’s a way of attracting interest to the country,” said Maguire. In response to previous criticism about Saudi Arabia’s purported “sportswashing,” the kingdom’s sports minister Prince Abdulaziz bin Turki Al-Faisal said: “People that don’t know Saudi Arabia, have never been to Saudi Arabia, go out and talk about it as if they’ve lived there for 30 years, 40 years.

Persons: Hilal, Kylian Mbappé, Germain, Neymar Jr, Ballon d’Or, Cristiano Ronaldo, Nassr, Patricia de Melo Moreira, it’s, Saudi Crown Prince Mohammed bin Salman –, Leon Neal, Ballon, Karim Benzema, Al Hilal, spender, –, Carlo Nohra, Jordan Henderson, Henderson, “, ’ ” Simon Chadwick, “ We’ve, ” Chadwick, King Salman bin Abdulaziz Al Saud, Al Nassr, Stringer, you’re, Kieran Maguire, they’re, Everybody’s, ” Maguire, Chadwick, Ronaldo, Maguire, … Mohammed bin Salman, ” James Dorsey, ”, Chadwick –, Mohammed bin Salman, Saudi Arabia’s, Prince Abdulaziz bin Turki Al, Faisal, don’t, they’ve, LIV Golf, Jimmy Dunne, LIV, Dunne, Aleksander Ceferin, Erling, Haaland, Jurgen Klopp, Michael Emenalo, Steven Gerrard, Nohra, ” “ They’ve Organizations: CNN, Saudi, Al, Paris Saint, PSG, Saudi Pro League, Ligue, Liga, Serie, Bundesliga, English Premier League, Deloitte, Investment Fund, AFP, Getty, SPL, Saudi Crown, Spanish, Arsenal, CNN Sport, English, Newcastle United, Liverpool, The Athletic, SKEMA Business School, Argentina, Zamalek, King Fahd Sports City, Anadolu Agency, Chelsea, Manchester United, Manchester City, Football, AFC Asian, FIFA, Greece, Royal Spanish Football Federation, Spanish Super, ”, Amnesty International, Amnesty, Middle East Soccer, Saudi Ministry, Sport, PGA Tour, European, UEFA, Premier League, Ettifaq Media, Reuters New Saudi Pro League, Major League Soccer, La Liga, Peterson Institute for International Economics, Russian Direct Investment Fund, Investigations, PGA Locations: Saudi Arabian, Brazil, Saudi, Ittihad, Al, Ahli, Real Madrid, England, France, Germany, Spain, Italy, Saudi Arabia, Liverpool, China, Qatar, Taif, Egypt, Spanish, East, North Africa, Libya, Yemen, Tunisia, Bahrain, Syria, “, ”, Europe, ” Liverpool

☆ A darling of US conservatives, Iran’s top opposition group may face an uncertain future
▼ + stars: | 2023-07-10 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

But recent setbacks for the most powerful Iranian opposition group have some observers wondering whether its glory days are numbered. The MeK believes these actions were part of a “policy of appeasement” of the regime in Tehran, a top representative from the group told CNN in an email interview. Gobadi told CNN the raid “was carried out at the behest or under pressure” from Iran. ‘Illegal and subversive activity’An Albanian foreign ministry coordinator told CNN by email that the country has not provided any seized material to Iran. Gobadi told CNN that that speakers or attendees have never received payments from the MeK.

Persons: Mike Pompeo, John Bolton, Mike Pence, Saddam Hussein, bode, ” Shahin Gobadi, Ashraf, Gobadi, “, ” Gobadi, cyberattack, Albania “, Saud, Maryam Rajavi, Bryan Olin Dozier, Prince Turki al, Faisal, Al Faisal, ’ “, Emanuel Macron, Ebrahim Raisi, Trita Parsi, ”, Donald Trump, Rudy Giuliani, Liz Truss, Ali Ahmadi, ” Ahmadi, Alex Vatanka, ” Vatanka Organizations: CNN, United States National Security, Foreign Affairs, National Council of Resistance, Paris, Washington Summit, Organization of Iranian, Communities, Hyatt, Quincy Institute, British, Geneva Centre, Security, Middle East Institute Locations: Iran, Islamic Republic, Albania, France, Tehran, Paris, Tirana, Albanian, Saud Arabia, Washington ,, Saudi Arabia, Saudi, al, Riyadh

☆ Middle Eastern investors are pouring money into US media, sports, and entertainment — here are the 9 most active players and their key leaders
▼ + stars: | 2023-06-05 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +10 min

Investors in Saudi Arabia, Qatar, and United Arab Emirates are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

Persons: Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, WME, Jimmy Finkelstein's, Abu Dhabi's, It's, Yasir Al, Rumayyan, Waleed bin Ibrahim Al Ibrahim, Sam Barnett, Peter Smith —, Christina Wayne, SRMG, Mohammed bin Salman, Alrashid, Johnny Depp, Jeanne du Barry, Sharon Stone, Bruno Mars, Luca Guadanigno, Vince McMahon's, Turki Al, Mohammed bin Abdulrahman bin Dayel, Mansoor bin Ebrahim Al, Mahmoud, Peter Chernin, Nasser Al, Germain, BeIN, Sheikha Al Mayassa bint Hamad, Khalifa Al, Vincent, Asghar Farhadi's Oscar, Nart Bouran, JAF, Jeff Zucker, Graydon Carter's, it's, Semafor, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mansour, Sultan Ahmed Al Jaber Organizations: United, Sovereign, Saudi, Washington Post, Saudi Crown, Endeavor, UFC, IMI, Abu Dhabi Media Investment Corporation, Public Investment Fund, Saudi Aramco, Newcastle United, English football, PGA, MBC, Shahid, Netflix, Vice Media, Variety, MBC Group's, Antenna Group, Cineflex Studios, NBCUniversal International, Amazon, AMC, Saudi Research, Media, Publicly, Red Sea, Cannes, Penske Media Corporation, Bloomberg Media, Vince McMahon's WWE, country's General Entertainment Authority, Development, Cultural Development Fund, George Washington University, American University . Qatar Qatar Investment, Qatar Investment Authority, Providence, BeIN Media, Paris Saint, Miramax, Paramount, Doha Film, Doha Film Institute, H.E, Hollywood Reporter, United Arab Emirates Abu, Investment Authority, UAE, Abu, Abu Dhabi Investment Authority, Hollywood, Dubai Studio, Dubai Media City, National Geographic, BBC News, International Media Investments International Media Investments, National, CNN, Sky News Arabia, Reuters, JAF Communications, Grid, RedBird Capital Partners, Punchbowl News, New York Times, Manchester City, The, Abu Dhabi National Oil Company Locations: Saudi Arabia, Qatar, United Arab Emirates, UAE, Saudi, East, North Africa, Al Arabiya, Netherlands, Greece, Dubai, Jeddah, SRMG, Riyadh, Doha, Europe, Americas, ViacomCBS, Qatari, Thani, Abu Dhabi

☆ Thousands are trying to escape from Port Sudan. Only a few can make it
▼ + stars: | 2023-05-01 | by ( Larry Madowo | ) edition.cnn.com time to read: +5 min

Port Sudan, Sudan CNN —In the dark of night, the nightmare is nearly over for the lucky few gathered on the quayside in Port Sudan. Sudanese-American businessman Adil Bashir was one of just 52 evacuees who boarded the Royal Saudi Navy ship HMS Al-Diriyah on Sunday. And as fighting has driven more people out of Khartoum, Port Sudan has become a key evacuation hub. The journey from Port Sudan to Jeddah can take up to 12 hours depending on sea conditions. Saudi Royal Navy officials carry a disabled civilian to a Saudi Navy Ship, during his evacuation from Sudan to escape the conflict, Port Sudan, Sudan, April 30, 2023.

☆ 9 Middle Eastern funds and investors pouring money into US media, sports, and entertainment
▼ + stars: | 2023-04-03 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Governments and investors in the Middle East are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ Watch CNBC's full interview with Former Saudi Ambassador to the U.S. Prince Turki Al Faisal
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Former Saudi Ambassador to the U.S. Prince Turki Al FaisalTurki Al Faisal, former Saudi ambassador to the U.S. and former head of Saudi intelligence, speaks to CNBC’s Hadley Gamble at the Munich Security Conference.

☆ Saudi Arabia's Prince Turki says those who criticize OPEC+ should 'mind what they say'
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia's Prince Turki says those who criticize OPEC+ should 'mind what they say'Prince Turki Al Faisal, former Saudi ambassador to the U.S. and former head of Saudi intelligence, talks to CNBC's Hadley Gamble about OPEC+ and those who criticize its policies.

☆ Egypt's Sisi seeks to tamp down media clash with Saudi Arabia
▼ + stars: | 2023-02-09 | by ( Hatem Maher | ) www.reuters.com time to read: +2 min

Saudi Arabia along with other energy-rich Gulf states has long provided crucial funding to Egypt, upping support after Sisi took power nearly a decade ago, and as an acute financial crisis took hold last year. "The mean, the scoundrels and the nouveau-riche have no right to insult their masters," he wrote, drawing on derogatory stereotypes and claims of historical superiority. Another well-known Saudi commentator, Ali Shihabi, later tweeted: "Egypt is a black hole that will never close unless the govt is able to make material structural reforms." Tawfik's article has been removed from Al Gomhuria's website and replaced by an editorial lauding Egyptian-Saudi relations as "historic and eternal". Additional reporting by Nadine Awadalla and Aziz El Yaakoubi, Writing by Aidan LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Why Egypt is asking its people to eat chicken feet
▼ + stars: | 2023-01-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +17 min

Abu Dhabi CNN —Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. In Egypt, chicken feet are seen as the cheapest of meat items, considered by most as animal waste rather than food. After the recommendation to switch to chicken feet, the price of one kilogram of the product reportedly doubled to 20 Egyptian pounds ($0.67). But those firms don’t operate like private companies, enjoying special privileges without disclosing their financial data to the public. Experts have questioned why international creditors had not leveraged their loans to drive Egypt’s military out of the economy.

☆ Who could buy Manchester United and how much is it worth?
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +3 min

Jan 18 (Reuters) - Jim Ratcliffe's company INEOS formally entered the bidding process to buy Manchester United on Tuesday, months after the club owners, the Glazer family, said they were considering selling the club as they explore "strategic alternatives". MIDDLE EASTERN INVESTORSUnited's local rivals Manchester City are bankrolled by the Abu Dhabi United Group, while Saudi Arabia's Public Investment Fund completed a 300 million pound buyout of Newcastle United in 2021. Bloomberg News reported this week that United, Tottenham Hotspur or Liverpool were being targeted by QSI for a potential acquisition. The Times newspaper, which first reported Ratcliffe's INEOS entering the bidding, said that interest from the United States and Asia is also expected. Asked by the BBC at the time if he needed to raise four billion pounds to buy United, O'Neill said: "I'm not sure if it'll necessarily be that much, but let's see."

☆ Al Nassr coach Garcia hails 'extraordinary' Ronaldo signing
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +1 min

Jan 3 (Reuters) - Al Nassr coach Rudi Garcia said the signing of Cristiano Ronaldo was a big step forward for Saudi Arabian football after the Portuguese forward arrived in Riyadh ahead of his official unveiling on Tuesday. Ronaldo, who was a free agent following his acrimonious split with Manchester United in November, joined Al Nassr last week on a 2-1/2 year deal estimated by media to be worth more than 200 million euros ($213.30 million). "The signing of a player the size of Cristiano Ronaldo is extraordinary and contributes to the development of Saudi football," said Garcia, who previously managed Lille, AS Roma, Olympique Marseille and Olympique Lyonnais. The first goal is to work so he can adapt to our team, to enjoy playing for Al Nassr, and to entertain the fans." Ronaldo will be unveiled at Al Nassr's home ground Mrsool Park, where 25,000 fans are expected to turn up.

☆ Saudi Arabia wants its investors to own Manchester United and Liverpool
▼ + stars: | 2022-11-25 | by ( Rob Harris | ) www.cnbc.com time to read: +5 min

Cristiano Ronaldo of Manchester United in action during the Premier League match between Manchester United and Liverpool FC on Aug. 22, 2022 in Manchester, England. Ash Donelon | Manchester United | Getty ImagesSaudi Arabia says it wants its investors to take over Manchester United and Liverpool – and hopes Cristiano Ronaldo comes to play in its domestic league. More from Sky Sports:Glazers open to selling Manchester United; Club valued around £5 billionWill Manchester United and Liverpool sales turn into bidding war? Manchester United sale Q&A: Who are the contenders? Cristiano Ronaldo of Manchester United walks on the pitch during a Premier League match between Manchester United and Liverpool FC on Aug. 22, 2022 in Manchester, England.

☆ The Saudi Arabian government would 'definitely support' private bids for UK soccer clubs Manchester United or Liverpool, sports minister says
▼ + stars: | 2022-11-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Saudi Arabia's sports minister told BBC it will support private bids for Manchester United and Liverpool FCs. A consortium led by Saudi Arabia's Public Investment Fund already owns Newcastle United FC. A consortium led by Saudi Arabia's Public Investment Fund purchased Newcastle United FC in October 2021 for $409 million. Manchester United and Liverpool are among the world's most valuable sports teams. Forbes estimates Manchester United is worth around $4.6 billion, while Liverpool is worth about $4.45 billion.

☆ Prince Abdulaziz bin Turki Al-Faisal: 'I'm waiting for someone to wake me up,' says Saudi sports minister after remarkable win over Argentina
▼ + stars: | 2022-11-23 | by ( Zeena Saifi | ) edition.cnn.com time to read: +6 min

CNN —A day after Saudi Arabia’s historic win against Argentina at the Qatar World Cup, the Kingdom’s sports minister Prince Abdulaziz bin Turki Al-Faisal says he’s “waiting for someone to wake me up.”“It’s been an unbelievable result. Saudi Arabia's victory is the most famous in the Arab world, alongside Algeria's victory over West Germany in 1982. People that don’t know Saudi Arabia, have never been to Saudi Arabia, go out and talk about it as if they’ve lived there for 30 years, 40 years. In honor of the team’s historic win, Saudi Arabia’s King Salman bin Abdulaziz Al Saud ordered a national public holiday for a day on Wednesday. Asked if Saudi Arabia would put in a bid, similar to its takeover of Newcastle United last year, Prince Abdulaziz didn’t confirm nor deny.

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