New Saudi company to boost investment in Kingdom’s padel sport

New Saudi company to boost investment in Kingdom’s padel sport. Credit: @SaudiProject
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Updated 24 July 2023
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New Saudi company to boost investment in Kingdom’s padel sport

Riyadh: Sports and fitness center operator Leejam Sports Co. on Monday announced the establishment of Padel X Sports Co. in Saudi Arabia, with a capital of SR50,000 ($13,300).
The new firm has been set up in partnership with Swedish sports accessories wholesaler World Wide Padel to invest in the racket sport in the Kingdom by building and operating padel courts, a Tadawul statement said.
Leejam Sports will own 51 percent of the new company’s shares, with World Wide Padel owning the remainder.


US invests in counter-drone tech to protect FIFA World Cup venues

Updated 13 January 2026
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US invests in counter-drone tech to protect FIFA World Cup venues

The US will invest $115 million in counter-drone measures to bolster security around the FIFA World Cup and ​America’s 250th Anniversary celebrations, the Department of Homeland Security said on Monday, the latest sign of governments stepping up drone defenses.

The FIFA World Cup will be a major test of President Donald Trump’s pledge to keep the US ‌secure, with over ‌a million travelers expected ‌to ⁠visit ​for ‌the tournament and billions more watching matches from overseas.

The threat of drone attacks has become a growing concern since the war in Ukraine has demonstrated their lethal capabilities. And recent drone incidents have worried both ⁠European and US airports.

“We are entering a new era ‌to defend our air ‍superiority to protect our ‍borders and the interior of the ‍United States,” DHS Secretary Kristi Noem said in a statement. Defense companies are developing a range of technologies aimed at countering drones, including ​tracking software, lasers, microwaves and autonomous machine guns.

The DHS did not specify ⁠which technologies it would deploy to World Cup venues. The announcement comes weeks after the Federal Emergency Management Agency, which sits under DHS, said it granted $250 million to 11 states hosting World Cup matches to buy counter-drone technologies.

Last summer, New York Governor Kathy Hochul, a Democrat, called on Trump, a Republican, to bolster federal support for ‌defending against drone attacks.