25 British companies explore investment opportunities in Saudi sports sector

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A part of the signing ceremony held during the workshop. SPA
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A part of the signing ceremony held during the workshop. SPA
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Updated 15 March 2023
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25 British companies explore investment opportunities in Saudi sports sector

  • Two cooperation agreements were signed to expand investments in sporting events across the country

RIYADH: A delegation of 25 British companies arrived at the headquarters of the Saudi Ministry of Investment to explore key investment opportunities in the Kingdom’s sports sector.

The ministry held a workshop in the presence of relevant government and private agencies, discussing key advantages for new investors in Saudi Arabia’s sports sector, as well as the development of the business environment in the country.

The workshop witnessed the signing of a cooperation agreement between the ministries of investment and sports and the British ES Global company, aiming to expand investments in sporting events across the country, explore additional investment paths, and attract new partnership opportunities that serve the Kingdom’s growing sports sector.

Another cooperation agreement was also signed with the British Global 13 company to boost and develop sports consultancy and marketing sectors.


Undav scores again as Stuttgart sink Frankfurt to go third

Updated 14 January 2026
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Undav scores again as Stuttgart sink Frankfurt to go third

  • A dipping header from Rasmus Kristensen gave Frankfurt an early lead
  • The victory took the German Cup holders to third, a point behind second-placed Borussia Dortmund

BERLIN: Nikolas Nartey nabbed a late winner and Deniz Undav continued his hot form as Stuttgart beat Eintracht Frankfurt 3-2 at home on Tuesday to climb to third in the Bundesliga.
A dipping header from Rasmus Kristensen gave Frankfurt an early lead but Ermedin Demirovic pounced on a goalkeeping error and Undav’s deflected effort helped Stuttgart wrestle back control of the match before half-time.
Bundesliga debutant Ayoube Amaimouni-Echghouyab brought Frankfurt level but Nartey’s 87th-minute strike, his first Bundesliga goal, put the hosts back in front.
The victory took the German Cup holders to third, a point behind second-placed Borussia Dortmund, who cruised to a 3-0 victory over Werder Bremen stretching their unbeaten run to 10 league games.
Frankfurt have struggled this season after last campaign’s third-placed finish, their best result in three decades.
Kristensen connected with a corner to put his side in front after five minutes, but Frankfurt ushered Stuttgart back into the game when goalkeeper Kaua Santos spilled a routine catch, allowing Demirovic to slice home.
Undav put his side in front 10 minutes before the break, wrong-footing the Frankfurt defense and blasting a low shot which took a thick deflection into the bottom corner.
Undav, who has nine goals and two assists in his past eight league games, forced two desperation saves from Santos and flashed just wide of the post in the second half.
Amaimouni-Echghouyab levelled things up just three minutes after coming on but his effort was bested by another debut goal minutes later, when Nartey tapped in from close range.
Elsewhere, the match between Hamburg and Bayer Leverkusen was postponed just two hours before kick-off, the third Bundesliga game canceled in the space of a week due to wild winter weather across northern Germany.