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Spain and Brazil to hold anti-racism friendly match in Madrid following Vinicius’ abuse.

MADRID: The Spanish and Brazilian football federations presented their plan on Tuesday for a friendly match at the Santiago Bernabeu in March 2024 to combat racism, after global outrage at the abuse of Real Madrid’s Vinicius Junior. The Brazil winger, 22, suffered racial abuse by Valencia supporters in May, provoking worldwide outrage after he squared off with fans in one stand.

“Chinese Delegates View Riyadh Conference as Chance to Strengthen Ties”

RIYADH: Business professionals from China are optimistic that events like the Arab-China Business Conference will help strengthen economic ties between the world’s second-largest economy and the region. They urged Chinese companies to explore opportunities in the Arab world particularly Saudi Arabia, as the Kingdom is rapidly transforming into an economic powerhouse. Lin Shunjie, chairman of China International Exhibition Center Group, told Arab News that his visit to the Kingdom had opened doors of new business opportunities between his country and the Arab world.

Amateur Players in the Kingdom Display Passion for the Beautiful Game

RIYADH: An amateur football tournament organized as part of a national campaign to promote sport and encourage people to get fit ended on Saturday in Riyadh. The SFA Championship was organized by the Saudi Sports for All Federation and the Newcastle United Foundation and held at the Kingdom Schools Stadium. Speaking at the closing ceremony, SFA Managing Director Shaima Saleh Alhussaini said: “We are delighted to have partnered with the Newcastle United Foundation to immerse more people across the Kingdom in the fun and joy of football culture.

West Ham and Fiorentina Seek to End European Trophy Drought in Europa Conference League Final

PRAGUE: West Ham and Fiorentina haven’t won a European trophy for more than 50 years. The drought will end for one of them when they play out the Europa Conference League final on Wednesday in Prague. “This will be the biggest match that the club has had in so long, so it’s going to be an honor to be part of and hopefully we can create some history on the night for the fans to cheer about,” said West Ham captain Declan Rice, who is widely expected to leave the club after the season.

Riyadh Air, Owned by PIF, Receives IATA Designator Code

RIYADH: Marking a significant milestone for Saudi Arabia’s new world-class carrier as it prepares to start operations, Riyadh Air secured the “RX” designator code from the International Air Transport Association.   Riyadh Air CEO Tony Douglas made this announcement at the IATA’s 79th annual general meeting being held in Istanbul, Turkiye.  

PwC ME opens new HQ in Riyadh

RIYADH: PwC Middle East, a leading professional services firm in the region, officially inaugurated its regional headquarters in Riyadh on Wednesday. This move demonstrates the company’s commitment to the region, including creating 6,000 new jobs and continued investments in digital technology, environmental, social, and governance capabilities. PwC Middle East obtained its regional headquarters license from Saudi Arabia's investment and commerce ministries.

PIF acquires 30% stake in top grocery chain in Saudi Arabia

  RIYADH: In a bid to expand its existing portfolio and strengthen the private sector, Saudi Arabia’s sovereign wealth fund has inked a deal to invest in Tamimi Markets Co., one of the leading grocery chains in the Kingdom.  According to the agreement, the Public Investment Fund will become a shareholder with 30 percent ownership of Tamimi Markets by way of a capital increase and subscription of new shares. 

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