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Facilities launch sports week to support small and medium enterprises

“Monshaat” is organizing Sports Week to empower entrepreneurs in the sports sector, in line with Vision 2030, with the aim of promoting innovation and creating new investment opportunities in the Kingdom.

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Introduction: Strategic support for a promising sector

The General Authority for Small and Medium Enterprises (Monsha’at) announced the launch of “Sports Week,” a strategic initiative aimed at empowering and supporting small and medium enterprises (SMEs) operating in the sports sector in the Kingdom of Saudi Arabia. This step comes as part of ongoing efforts to enhance the entrepreneurial environment and stimulate innovation in non-oil sectors, in line with the objectives of the Kingdom’s Vision 2030.

General context: Sport as a pillar of Vision 2030

The sports sector in Saudi Arabia is undergoing a radical transformation, no longer merely a recreational activity but a cornerstone of economic diversification and quality of life initiatives. Vision 2030 is channeling massive investments into sports infrastructure, hosting major international events, and privatizing clubs, creating a vast market and unprecedented investment opportunities. In this context, Monshaat plays a pivotal role as a government entity, working to translate these opportunities into tangible realities for entrepreneurs by providing the necessary support, guidance, and empowerment to ensure the success and growth of their projects.

The importance of "Sports Week" and its expected impact

"Sports Week" is more than just an event; it's a comprehensive platform that brings together entrepreneurs, investors, experts, and relevant government entities under one roof. This event is expected to contribute to achieving several vital objectives:

  • Empowering entrepreneurs: by offering specialized workshops, consulting sessions, and training programs covering various aspects such as financial management, sports marketing, and technical innovation in sports (Sport-Tech).
  • Creating investment opportunities: The week provides an opportunity for startups to showcase their innovative projects and ideas to a network of investors and venture capital funds, making it easier to obtain the necessary funding for expansion.
  • Promoting Innovation: The event highlights the latest global trends in the sports industry and encourages the adoption of modern technologies and the development of innovative solutions that meet the needs of the growing local market.

Economic and social impact

Domestically, empowering small and medium-sized enterprises (SMEs) in the sports sector will create new jobs for Saudi youth, diversify income sources, and enhance local content within the sports industry's value chain. Regionally and internationally, the success of these initiatives will solidify the Kingdom's position as a leading regional hub for sports and business, attracting further foreign investment and expertise, and contributing to the development of a sustainable and globally competitive sports economy.

The Saudi News Network first launched on Twitter via its official account, @SaudiNews50, and quickly became one of the Kingdom's leading independent news sources, thanks to its fast and reliable coverage of major local and international events. Due to the growing trust of its followers, the network expanded by launching its website, a comprehensive news platform offering regularly updated content in the fields of politics, economics, health, education, and national events, presented in a professional style that meets the public's expectations. The network strives to enhance public awareness and provide accurate information in a timely manner through on-the-ground reporting, in-depth analysis, and a specialized editorial team, making it a trusted source for anyone seeking up-to-the-minute Saudi news.

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John Durran's future: Aston Villa face interest from European clubs

European interest in Colombian striker John Duran, who plays for Aston Villa, has intensified. Reports reveal a battle to sign him, and his future with the English club is now uncertain.

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John Doran, Aston Villa striker

Reliable Italian journalist Fabrizio Romano has once again highlighted the future of young Colombian striker John Duran, currently playing for Aston Villa in the English Premier League. He confirmed that the final days of the transfer window have seen increased interest from several prominent European clubs vying for his services. Romano indicated that these clubs have submitted formal inquiries to explore the possibility of signing the player, casting doubt on his future with his current team.

Player background and rising career

John Duran emerged as one of South America's most promising attacking talents during his time with Colombian club Envigado, attracting the attention of scouts worldwide. He then moved to Chicago Fire in Major League Soccer (MLS), where he continued to impress, showcasing his prolific goal-scoring ability and physical strength, which drew the interest of European clubs. In January 2023, Aston Villa secured his signature in a deal considered a major investment for the future, given his young age and immense potential.

Its limited impact and the reasons for European interest

Despite his obvious talent, Duran has found himself playing a secondary role in Unai Emery's squad, with the team primarily relying on the in-form English striker Ollie Watkins. While he has occasionally scored crucial goals and shown glimpses of his brilliance, his limited playing time may lead him to reconsider his future. This situation has made him an attractive target for clubs seeking a young, promising striker who can develop into a regular starter. Interested clubs see him as an opportunity to acquire a talent at a relatively reasonable price before his market value skyrockets.

The importance and expected impact of the decision

The final decision regarding Duran's future remains complex and involves multiple parties. On one hand, Aston Villa recognizes the player's value as a future asset and may refuse to sell him unless a substantial offer is received that guarantees a significant return on their investment. On the other hand, the player's own desire for regular playing time could be the deciding factor. For European clubs, Duran represents a significant long-term attacking boost. Internationally, Duran's continued development and regular playing time in a major league will benefit the Colombian national team, which has high hopes for a new generation of strikers.

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Fenerbahce are pursuing a deal for N'Golo Kanté | Turkish Transfer News

Turkish reports have revealed Fenerbahce's intensive efforts to sign French midfielder N'Golo Kante to strengthen their squad before the transfer deadline.

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N'Golo Kanté, midfielder for the French national team

The reliable Turkish newspaper Fanatik revealed that Fenerbahçe's management is making serious and intensive efforts to secure the signing of French midfielder and World Cup winner N'Golo Kanté . According to the newspaper, the Turkish giants not only want the player but are also striving to finalize all the details of the deal as quickly as possible, with the clear objective of registering him in the squad before the February 2nd deadline.

This intense interest comes as Fenerbahçe seeks to bolster its squad with a world-class player capable of making a difference in midfield, especially given the fierce competition for the Turkish Super League title. Club officials see Kanté as the missing piece that can provide the team with defensive and offensive balance, thanks to his exceptional ball-winning abilities and tireless running rate – qualities that have made him one of the best defensive midfielders in the world over the past decade.

Historical background and a career full of achievements

The potential signing of Kanté cannot be viewed in isolation from his legendary career. The Frenchman, nicknamed "The Restless Lung," has been instrumental in achieving historic milestones, most notably winning the Premier League title with Leicester City in the 2015-16 season in one of football's biggest upsets, a feat he repeated with Chelsea the following season. He also capped his time with the London club by winning the Champions League in 2021 and played a key role in France's 2018 World Cup victory, making him a player with immense international experience and a commanding presence on the pitch.

The expected impact of the deal on the Turkish scene

If Fenerbahçe succeeds in completing the deal, its impact will not be limited to the domestic scene. Domestically, Kanté's arrival will provide a huge morale boost for the team and its fans, and will significantly improve the club's chances of competing for domestic titles. Regionally and internationally, the transfer of a player of N'Golo Kanté's caliber to the Turkish league will send a powerful message about the league's appeal and the ability of its clubs to attract world-class stars, thus increasing media attention and fan interest in the league beyond Turkey's borders. The club aims to prepare him for the upcoming match against Kocaelispor, which will be the first real test of this high-profile addition.

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Juventus targets Marcus Leonardo, and Al-Hilal clarifies its stance on the deal

Reports reveal Juventus' interest in signing Al-Hilal striker Marcos Leonardo. Will the Saudi league champions agree to let their young Brazilian star join the Old Lady?

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International press reports have revealed important developments in the transfer market, as the name of the young Brazilian striker Marcos Leonardo, star of Saudi Arabia’s Al-Hilal club, has been placed on the table of Italian football giant Juventus, opening the door to a deal that could change the balance of power in the summer transfer market.

According to reliable journalist Fabrizio Romano, who specializes in player transfer news, Juventus are seriously considering signing Leonardo to bolster their attacking options. This move is part of the Italian club's new strategy focused on attracting promising young talents capable of developing and making a significant contribution in the long term, a description that perfectly fits the Brazilian striker, who has demonstrated considerable potential.

Background of the deal and its historical context

Juventus' interest in Leonardo represents a significant shift in the dynamics of the global transfer market. Once a destination for established European players, the Saudi league has now become a source of talent attracting the attention of major clubs. Leonardo, who joined Al-Hilal from the prestigious Brazilian club Santos, is a prime example of the Saudi league's ability to attract top young talent from South America and provide a competitive environment that fosters their development, making them targets for elite European clubs.

The player's importance to Al-Hilal and the impact of his potential departure

Domestically, Marcos Leonardo is considered a crucial part of Al-Hilal's ambitious sporting project under Portuguese coach Jorge Jesus. Despite his relative inexperience, he has proven his quality as an effective attacking option. Therefore, letting him go will be a very difficult decision for the club's management, who are striving to maintain team stability and continue their dominance in domestic and continental competitions. Their decision will be decisive: either to solidify the club's position as a destination for star players or to accept playing the role of a stepping stone that exports talent to Europe.

Regional and international impact of the deal

Regionally, this deal, if finalized, would be a testament to the success of the Saudi Professional League, highlighting the quality of its competition and its ability to develop players and prepare them for the biggest football tournaments. For Juventus, acquiring Leonardo would be a significant boost to their attack, providing them with diverse tactical options alongside players like Dušan Vlahović. Ultimately, the decision rests with Al-Hilal's management, who hold the final say in determining the future of their Brazilian gem, amidst great anticipation from the sporting community for what the coming days will bring.

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