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Qatar will host the Arabian Gulf Padel Championship Qatar 2025 from September 15 to 19, organised by the Qatar Padel Federation at the Padel courts in Aspire.Tariq Zainal, Secretary General of the Qatar Tennis, Squash, Padel and Badminton Federation, confirmed at a press conference on Wednesday that the tournament will feature competitions in three categories: men's, women's and juniors. The draw is scheduled to be held on September 14.During the conference, the Qatar Padel Federation announced the signing of a platinum sponsorship agreement with Qatar Railways Company (Qatar Rail) for the championship. The agreement was signed by Zainal and Qatar Rail’s Director of Communications and Public Relations Abdullah al-Mawlawi.Zainal expressed the Qatari Federation's pride in Qatar Rail's joining as a platinum partner of the Arabian Gulf Padel Championship, given its significant support for sports, athletes, and community work in Qatar.Zainal emphasised that this partnership reflects the integrated efforts of national institutions and the sports sector, which will give the federation greater momentum to continue developing padel and strengthening its presence in the Gulf, regionally, and internationally.Zainal also welcomed all participating delegations and players, stressing his full readiness to host this Gulf event and organize it according to the highest standards, thus consolidating Qatar's position as a leading sports destination in the region and the world.For his part, al-Mawlawi said: “We are delighted to co-sponsor this important event. Our participation as a platinum sponsor of the Arabian Gulf Padel Championship, hosted by the Qatar Padel Federation, is in line with our corporate social responsibility strategy and our constant commitment to supporting sporting events that contribute to spreading the culture of exercising and promoting a healthy lifestyle among community members.”He added that Qatar Rail believes in the pivotal role sports play in developing communities by improving the quality of life and ensuring the health and safety of its members. Through this sponsorship, "we reaffirm our commitment, particularly to padel, as well as supporting the development of Gulf sporting talents and efforts aimed at consolidating Qatar's position as a leading regional destination for hosting major sporting events."Al-Mawlawi continued, "We, in turn, look forward to contributing to providing the best possible conditions for organizing a successful tournament and enjoying the unique Gulf talent and competitions that the tournament will witness. We wish all the best to the participating teams and players."

Saudi Arabia’s battered stock market is looking increasingly attractive to foreign investors because of rock-bottom valuations and bets that the oil price won’t drop much further.Investors from beyond the Arabian Gulf accounted for 41% of total Saudi equities buying in the week ended August 28, one of the highest ratios on record, according to Saudi stock exchange data compiled by Bloomberg Intelligence.The flows signal that a rush of reforms making it easier for foreigners to buy Saudi stocks is working. For the time being, however, risks still have the upper hand with the Tadawul All Share Index down 11% year to date and domestic investors on the retreat, along with crude prices.Nishit Lakhotia, head of research at SICO Bank, said stock investors are currently pricing in a “worse-case scenario” for the Saudi market, which he expects to bottom out shortly, unless oil drops below $60 a barrel — which would amount to a roughly 10% drop from current levels.“We believe the momentum is still there in the economy, which does not warrant such depressed valuations,” he said. “While it’s hard to predict when exactly the market can turn, there will likely be a point — sooner than later — when smart investors will start buying.”The slump has made Saudi stocks look relatively attractive, with the benchmark index near the lowest price-to-earnings multiple in more than five years. Junaid Ansari, director of investment strategy and research at Kamco Investment Co, expects a sharp turnaround in sentiment from the fourth quarter, when investors start making allocations for 2026.“The Saudi market is an oversold market,” said Ansari. While foreigners have largely been net buyers, “the sellers are mainly institutions in Saudi Arabia which we believe are selling to focus on other investment opportunities in the Kingdom,” he said.Nevertheless, the weak oil market is weighing down Saudi assets. Brent crude is trading around $66 per barrel, well below the nation’s fiscal breakeven price of $94, according to Bloomberg Economics. If domestic investments by the kingdom’s sovereign wealth fund are included, the figure rises to $111.While foreigners accounted for about 35% of all Saudi stock purchases in August, continuing a strong trend, daily turnover on the market has dropped to the lowest level since 2023. This means that international investors are grabbing a bigger slice of a smaller pie.Still, the gloom over the kingdom’s stocks may be over-hyped, especially as a negative perception of earnings is in large part based on giants, such as Saudi Arabian Oil Company and Saudi Basic Industries Corp.Excluding Aramco and Sabic, Saudi stocks are showing roughly 7% profit growth, Kamco’s Ansari said. Even as the Tadawul index has declined, owners of Saudi National Bank and Saudi Telecom Co shares have seen 11% and 13% returns, respectively, so far this year.“Although earnings growth for 2025 and 2026 is among the lowest across emerging markets, valuations have become more attractive,” said Nenad Dinic, an emerging-markets equity strategist at Bank Julius Baer & Co Ltd.