Stories from Saudi Arabia

Cristiano Ronaldo and French player Kingsly Coman scored goals to lead Al Nassr to a 2-0 victory against Al Ahli in the 30th round of the Saudi Roshn League. The win places Al Nassr at the top of the standings with 970 points. The Al Nassr captain is expected to undergo treatment over the coming weeks, which may impact his availability for the upcoming match at Allianz Arena next Wednesday. The match took place at Al-Awwal Park in Riyadh. This win moves Al Nassr to the top of the standings with 79 points from 30 matches, establishing an 8-point lead over their closest competitor. Kingsley Coman scored the second goal for Al Nassr. This win strengthens Al Nassr's position at the top of the league standings. The match featured the defending champions of the last two AFC Champions League Elite editions. Al Hilal currently holds 29 matches played.

The Saudi Public Investment Fund will withdraw all financing from LiveGolf at the conclusion of the current season. Following this news, LiveGolf announced it is postponing an event in New Orleans originally scheduled for June 25 to June 28.

Julian Alvarez secured a one-all draw for Atletico Madrid against Arsenal during the first half of their Champions League match. The game is being played at the Riyadh Air Metro stadium.

Saudi Aramco remains the largest shareholder in SABIC with a 70 percent ownership stake. The company's market value currently reaches 130 billion riyals. Asset sales occurred during the recent period despite reported losses.

SABIC recorded a net profit of 13.2 million riyals during the first quarter of 2026. The company's performance reflects a shift toward internal restructuring.

The Saudi Fisheries Company received approval from the Tadawul stock market to increase its capital through a rights issue worth 344,900,000 riyals. This increase will bring the total capital to 400,920,000 riyals.

Experts from Gulf countries are advocating for increased autonomy regarding oil production levels. Commentators suggest the decision aims to provide greater flexibility in managing production during crises.

Al-Mawasalat Services recorded a 200 percent increase in net profit during the first quarter of 2026. The company reported net profits of 200 million riyals. This growth occurred despite a decline in operating profits.

Mawani announced the implementation of regulations for goods exit fees and storage charges at King Abdulaziz Port in Dammam. The move is part of an effort to improve operational efficiency.

Aramco and ADNOC energy joint venture reported a first quarter profit of $5.8 billion. The company's earnings were reported on the 29th. This follows a joint venture with Saudi Aramco that maintains a daily refining capacity of 230,000 barrels.