Latest news with #Al-Nahda
Gulf Insider
5 days ago
- Business
- Gulf Insider
Saudi Arabia Privatizes Three Football Clubs
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 evaluation. Al-Nahda has completed its bid submission period, while the other two did not meet the qualification requirements. Minister of Sports Prince Abdulaziz bin Turki Al-Faisal hailed the milestone, saying: 'With the leadership's support, we are witnessing a historic moment in Saudi sports. This step reflects the visionary leadership of Crown Prince Mohammed bin Salman.' He also congratulated the clubs and welcomed the private sector as a key partner in driving forward the Kingdom's sports development. The ministry emphasized that future privatizations will proceed based on club readiness, investor interest, and competitive tendering. It has opened the door for further expressions of interest via its official website, aiming to continue building a competitive, professional sports sector. Privatization efforts are part of a larger push to raise operational efficiency, enhance governance, and attract private sector partnerships across Saudi sports, creating a modern sports industry aligned with the Kingdom's strategic goals. Also read: Saudi Arabia: AlUla Moments 2025–26 Calendar: Full Guide For UAE Travellers To Festivals, Art And Sport
Saudi Gazette
5 days ago
- Business
- Saudi Gazette
Saudi Arabia privatizes three football clubs
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 evaluation. Al-Nahda has completed its bid submission period, while the other two did not meet the qualification requirements. Minister of Sports Prince Abdulaziz bin Turki Al-Faisal hailed the milestone, saying: 'With the leadership's support, we are witnessing a historic moment in Saudi sports. This step reflects the visionary leadership of Crown Prince Mohammed bin Salman.' He also congratulated the clubs and welcomed the private sector as a key partner in driving forward the Kingdom's sports development. The ministry emphasized that future privatizations will proceed based on club readiness, investor interest, and competitive tendering. It has opened the door for further expressions of interest via its official website, aiming to continue building a competitive, professional sports sector. Privatization efforts are part of a larger push to raise operational efficiency, enhance governance, and attract private sector partnerships across Saudi sports, creating a modern sports industry aligned with the Kingdom's strategic goals.
Saba Yemen
20-05-2025
- Sport
- Saba Yemen
Al-Nahda team wins championship of summer schools sports league in Al-Thawra District
Sana'a - Saba: Al-Nahda neighborhood team was crowned champion of the football league for students of summer courses in Al-Thawra District, within the capital Secretariat. The league, organized by the Youth and Sports Office and the Educational Zone in the district, in cooperation with Al-Sha'ab Social Foundation and under the supervision of the Subcommittee for Summer Activities and Courses, featured six teams divided into two groups. Al-Nahda team secured the league title after a seven-day competition by defeating Al-Ghuraf neighborhood team 4-2 in the final match. At the closing ceremony, the district director, Aqeel Al-Saqqaf, the deputy director of the Youth Office in the Secretariat, Zaid Jahaf, the mobilization official in the district, Saddam Al-Hababi, and the director of the Youth Office in the district, Mohammed Al-Mutawakkil, honored the Al-Nahda team with the championship trophy. Additionally, the teams of Al-Ghuraf and Al-Hasaba Al-Shamaliya were awarded colored medals. Al-Saqqaf and Al-Hababi emphasized the importance of summer activities and courses in building a conscious generation equipped with knowledge, science, and Quranic culture, as well as nurturing students' talents and creative abilities. Meanwhile, Al-Mutawakkil noted that 90 players from summer school students across various neighborhoods in Al-Thawra District participated in the league, with the aim of forming a district team to compete in the upcoming capital-level championship. Whatsapp Telegram Email Print
