Business of Sport Baseball stars line up to invest in Dubai league By Gavin Gibbon September 18, 2023, 12:07 PM apardavila/Creative Commons Former MLB star Hanley Ramirez is involved in Baseball United Owners hail All-Star investors Dubai launch event in November Eight teams for first season Baseball United, the first professional baseball league focused on the Middle East and Indian subcontinent, has amassed a roster of investors before the Dubai league’s launch in November. Between them the investors boast a combined 222 Major League Baseball (MLB) seasons, 70 All-Star games and 14 World Series Championships. The line-up of former MLB stars includes second baseman Robinson Cano as well as three-time All-Star and former batting champion Hanley Ramirez; All-Star and World Series Champion Matt Barnes; and four-time All-Star and former Cy Young Winner Bartolo Colon. They join early investors including Barry Larkin, Mariano Rivera, Felix Hernandez and Nick Swisher. Baseball ready to strike home run in the Middle East Saudi-backed martial arts league aims for $1bn business US sports the latest goal for Mena investors Baseball United will launch with an event on November 10-12 hosted at Dubai International Stadium. Its first four franchises – including the Mumbai Cobras, Karachi Monarchs, Abu Dhabi Falcons and Dubai Wolves – will each play two games over the three-day period. The first full season next year will see the number of franchises double to eight with 65 matches planned. At least half will take place in Dubai with the remainder in Abu Dhabi and Doha, with two of the 2022 World Cup stadiums eyed up as potential venues. There are 53 million avid baseball fans in India, 12.5 million in Pakistan, 1.5 million in Saudi Arabia and 800,000 in the UAE, according to Baseball United’s chairman, CEO and majority owner Kash Shaikh.
Logistics Shipping giants not yet ready to resume Red Sea route Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after a Yemeni militia announced earlier this week it will scale back hostilities against vessels transiting through the Gulf of Aden and Red Sea if the ceasefire in Gaza holds. Danish shipper Maersk and Abu Dhabi […] 3 hours ago
Tech Foreign data centres will be secure, promises Saudi minister A regulatory framework to protect foreign-owned data centres set up in Saudi Arabia is being planned that will treat them in a similar way to embassies, as the kingdom seeks to become a global destination for the industry. The Saudi finance minister, Mohammed Al-Jadaan, speaking at the World Economic Forum in Davos, outlined the country’s […] 3 hours ago
Food & Drink Americana acquires Pizza Hut business in Oman Americana Restaurants, the largest food service business in the Mena region, has acquired the Pizza Hut brand in Oman from the Khimji Ramdas Group. The restaurant operator said the acquisition includes 46 Pizza Hut restaurants which had an annual revenue of approximately $11 million in 2024. The additional outlets increase its Pizza Hut restaurants across […] 2 hours ago
Retail Abu Dhabi’s Royal Group buys eco brand Pangaia Abu Dhabi’s Royal Group has acquired a controlling stake in fashion brand Pangaia. No financial details of the transaction were revealed. Pangaia, which has its headquarters in London, designs eco-friendly clothing made from organic and recycled materials, sold primarily through its website. It uses next-generation materials for its clothing and accessories, including Mirum, a plant-based, plastic-free leather […] 35 mins ago