22 Hrs
الاقتصادية
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الاقتصادية

2026-08-30T17:27:14.510Z

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Bank of Egypt issues second UAE branch update

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UAE and Egypt collaborate on EgyptBank branches

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Britain's Maritime Authority Reports Oil Tanker Attack in Hormuz

البيانالبيانالبيان
23 Hrs2026-08-30T17:18:00.000Z
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الاقتصادية

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Al-Ruzaiqah's inheritance from Muslih in 2.6B riyals revenue

Al-Ruzaiqah's inheritance from Muslih in 2.6B riyals revenue

The Saudi Football Federation's financial statements revealed revenues of approximately 2.6 billion Riyals during an exceptional transitional period lasting 18 months from July 2024 to December 2025. These revenues were accompanied by expenses exceeding 2.5 billion Riyals, resulting in a surplus of 88.4 million Riyals. The figures confirm that the federation possesses significant financial resources, with commercial revenues and support totaling 2.221 billion Riyals, cash reserves amounting to about 343.7 million Riyals, and an accumulated surplus of 111.1 million Riyals by the end of 2025. The federation’s new president, Badr Al-Rizyah, indicated that the annual budget is estimated at one billion Riyals and assured that the federation is not facing financial challenges, thanks to expanding resources and increasing revenues, all aimed at developing Saudi football and achieving championships.

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