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Former Arsenal star Alexandre Lacazette set for shock transfer to club building futuristic stadium 350m above ground
Former Arsenal star Alexandre Lacazette set for shock transfer to club building futuristic stadium 350m above ground

The Sun

timea day ago

  • Sport
  • The Sun

Former Arsenal star Alexandre Lacazette set for shock transfer to club building futuristic stadium 350m above ground

ALEXANDRE LACAZETTE is reportedly set for a shock move to Saudi Pro League newcomers Neom. The Saudi outfit were promoted to the country's top flight as champions of the First Division. 4 4 Lacazette, 34, became a free agent this summer after Lyon were relegated to Ligue 2. The former Champions League semi-finalists dropped down due to debts being racked up by owners Eagles Football Group. The club is set to appeal the decision, but it will not affect the future of the former Arsenal striker. L'Equipe have claimed that Lacazette will sign for Neom on a two-year deal. The report has suggested that the Frenchman has already completed his medical ahead of the switch. However, Lacazette will miss out on playing at the club's potential new futuristic stadium. They currently play at the King Khalid Sports City Stadium in Tabuk but will be moving soon. The new stadium will be built as part of the plans to construct the city of Neom. The city will be 106 miles long and is currently being built in the Saudi desert. There will be two stadiums built as part of the plans, with one boasting a capacity of 45,000 on a cliff edge. Saudi Arabia release new pictures of 92,000-capacity 'germinating seed' King Salman Stadium ahead of 2034 World Cup 4 TRANSFER NEWS LIVE - KEEP UP WITH ALL THE LATEST FROM A BUSY SUMMER WINDOW The second will be built 350m above the ground and will not be accessible by car. But for Lacazette, his move comes too soon for him to play in the futuristic grounds. Their construction is expected to be completed in time for the 2034 World Cup in Saudi Arabia. This means that Lacazette will be stuck playing in front of at most 12,000 people at home games for the next two seasons. He will join former Premier League and West Brom star Ahmed Hegazy at the club. The defender made 104 appearances for the Baggies before leaving for Saudi giants Al-Ittihad. Lacazette leaves Lyon after two spells with the club in which he made 326 appearances and scored 184 goals. During his time away from Lyon he starred for Arsenal in the Premier League for five years. He scored 71 goals and assisted 35 more in 206 outings for the North London side.

TADCO submits 53% capital reduction request to Saudi's CMA
TADCO submits 53% capital reduction request to Saudi's CMA

Zawya

time3 days ago

  • Business
  • Zawya

TADCO submits 53% capital reduction request to Saudi's CMA

Riyadh - Tabuk Agricultural Development Company (TADCO) has submitted an application to the Capital Market Authority (CMA) for approval to reduce its capital by 52.94%. The request, submitted on 23 June 2025, follows the board's recommendation announced on 2 April 2025, according to a bourse filing. Following the transaction, TADCO's capital will decline to SAR 184.35 million from SAR 391.76 million. Accordingly, the number of shares will be reduced to 18.43 million from 39.17 million. The capital reduction remains subject to regulatory approvals, including the CMA's review and the approval of the company's extraordinary general assembly. TADCO recently signed an agreement with the National Electricity Transmission Company, a subsidiary of the Saudi Electricity Company, to establish a power transmission station for its farm in the Tabuk region. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (

Saudi: Lumi opens first B2B bus rental branch in Tabuk
Saudi: Lumi opens first B2B bus rental branch in Tabuk

Zawya

time3 days ago

  • Business
  • Zawya

Saudi: Lumi opens first B2B bus rental branch in Tabuk

Riyadh – Lumi Rental Company has launched its first bus rental branch in the North region, Tabuk, as part of its long-term strategy to reinforce the Kingdom's mobility sector. The 1,500 sqm first-of-its-kind branch marks a major milestone in Lumi's expansive business-to-business (B2B) mobility services across the northern region, according to a press release. Launched to serve the evolving transport needs in Saudi Arabia's vibrant Northern region, the new business can hold premium buses operated by experienced and trained drivers. Syed Azfar Shakeel, CEO of Lumi, said: 'Lumi's commitment to Saudi Vision 2030 through expanding our state-of-the-art land mobility sector is at the core of our business strategy. Our ability to leverage our operational excellence and optimize our innovative mobility solutions serves to further facilitate the Kingdom's rapid progress.' 'With the opening of our first of its kind bus rental branch in the Tabuk region, we are once again expanding our services and offering, showcasing our agility and constant growth to serve the needs of the people,' he added. Lumi has a fleet of more than 35,000 new and well-maintained vehicles spread across 41 locations in the Kingdom, through which it offers a convenient and seamless booking experience supported by efficient customer service built on technology, efficiency, and scale. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (

Lumi launches first B2B bus rental branch in Tabuk to support Saudi Arabia's expanding mobility needs
Lumi launches first B2B bus rental branch in Tabuk to support Saudi Arabia's expanding mobility needs

Zawya

time4 days ago

  • Automotive
  • Zawya

Lumi launches first B2B bus rental branch in Tabuk to support Saudi Arabia's expanding mobility needs

Riyadh, Saudi Arabia: Lumi, a leading mobility provider in the Kingdom of Saudi Arabia, has announced the launch of its first bus rental branch in the North region, Tabuk. The opening marks a major milestone in Lumi's expansive B2B mobility services across the northern region, as part of the company's long-term strategy to enhance the Kingdom's mobility sector. Dedicated to serving the ever-growing transport needs in Saudi Arabia's vibrant Northern region, the 1,500 sqm first-of-its-kind branch comes with a capacity to hold premium state-of-the-art buses operated by experienced and trained drivers. Ideal for the Kingdom's mass transport requirements, the opening marks Lumi's segway into a new vehicle segment. Syed Azfar Shakeel, CEO of Lumi, said; 'Saudi Arabia's dynamic economy enhanced by robust infrastructure development calls for an agile and resilient land mobility sector to power it. Lumi's commitment to Saudi Vision 2030 through expanding our state-of-the-art land mobility sector is at the core of our business strategy. Our ability to leverage our operational excellence and optimize our innovative mobility solutions serves to further facilitate the Kingdom's rapid progress. With the opening of our first of its kind bus rental branch in the Tabuk region, we are once again expanding our services and offering, showcasing our agility and constant growth to serve the needs of the people.' With its fleet of over 35,000 new and well-maintained vehicles spread across 41 locations in the Kingdom, Lumi offers convenient and seamless booking experience enhanced by efficient customer service built on technology, efficiency and scale. As one of Saudi Arabia's leading car rental and leasing companies, with branches across 18 cities, they are well-equipped to meet the demands of the Kingdom's growing population -Ends- About Lumi Rental Company Lumi Rental Company started its operations in 2006 as a sole proprietorship to provide car rental services amongst a portfolio of travel companies under the umbrella of Seera Group Holding. In 2016, strategic plans for the car rental business were reconfigured and an expert management team was appointed. The Company has emerged as one of the leaders in the car rental sector, serving customers across the Central, Western, Eastern, Northern and Southern Regions from 41 car rental branches and three vehicle maintenance centres in addition to mobile workshops and third-party vendors, digital channels and a used car sales showroom. Lumi's core activities consist of the following business segments: vehicle lease and provision of other related services; car rental and provision of other related services; and sale of used cars owned by the Company and released from its operations.

Alqan Heritage Village: A window into Saudi Arabia's past
Alqan Heritage Village: A window into Saudi Arabia's past

Arab News

time6 days ago

  • Arab News

Alqan Heritage Village: A window into Saudi Arabia's past

JEDDAH: Near Haql city, located northwest of Tabuk, sits Alqan Heritage Village — one of Saudi Arabia's most scenic and historic heritage sites. Also known as 'The Snow City,' it is a popular destination during winter when the whole area can become covered in snow. During warmer months, Alqan offers visitors a chance to explore the village's traditional homes, which are built on raised areas using local sandstone. These structures reflect the region's unique architectural style and building techniques, according to the Saudi Press Agency report. The village is located about 170 km from Tabuk city in northern Saudi Arabia, and is surrounded by a stunning landscape of tall mountains and red dunes. Alqan was built in 1934 by order of King Abdulaziz. It includes 20 houses made from red stone and mud, with palm trunks and fronds used for the roofs. These buildings were once used by the region's first government employees and public offices. Today, the village is officially listed in the National Register of Architectural Heritage. The Heritage Commission continues its efforts to document, protect and digitize such historic sites across the Kingdom. Near the village is the Alqan customs checkpoint, built in 1965. The area is also home to several historical wells that were used to provide water to local communities. Among them is the well of 'Abu Al-Alq,' believed to have inspired the village's name. Others say the name comes from small particles that sometimes appear in the well water. Perched on a rocky hill, the village was carefully planned by early settlers, who chose the location based on natural features like wind direction, rainfall and privacy. Their thoughtful urban planning shows how well they understood the desert environment. Alqan is best known for its snowfall, a rare feature in most of Saudi Arabia. Heavy snowstorms were recorded in 1945 and again in 1965, with snow lasting for several days. These events helped shape Alqan's reputation as a winter retreat.

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