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In "SAUDI ARABIA"
July 25, 2025
Saudi Arabia restores over 170 hectares of mangrove forests in major reforestation projects
July 25, 2025
25 hospitality facilities shut down in Makkah over licensing and safety violations
July 25, 2025
Saudi Arabia sees 144% surge in new mining exploitation licenses in H1 2025
July 25, 2025
Saudi customs foil attempt to smuggle over 69,000 Captagon pills at Riyadh airport
July 25, 2025
Saudi Arabia welcomes France’s move to recognize State of Palestine
July 24, 2025
Syria adopts Saudi investment protection agreement to attract investors
July 24, 2025
Saudi train ridership tops 36.5 million in Q2 2025
July 24, 2025
Ithra announces open call for 7th Ithra Art Prize with expanded exhibition format
Saudi Gazette report RIYADH — The Ministry of Sports announced Thursday the privatization of the three football clubs— Al-Ansar, Al-Kholood, and Al-Zulfi — under the Kingdom’s broader sports investment and privatization initiative.Ownership of the clubs has officially been transferred to private investors following the completion of regulatory procedures and company formation by the National Center for Privatization.Al-Zulfi FC will now be owned by Najm Al-Salam Company, Al-Kholood by Harburg Group, and Al-Ansar by Awda Al-Baladi & Sons Company.This follows the August 2024 announcement of six clubs slated for privatization: Al-Ansar, Al-Okhdood, Al-Kholood, Al-Zulfi, Al-Orouba, and Al-Nahda.The three remaining clubs — Al-Nahda, Al-Okhdood, and Al-Orouba — are still under...
July 24, 2025
Saudi Arabia privatizes three football clubs
July 24, 2025
Saudi non-oil exports reach $8.2 billion in May despite drop in oil trade