Businessman Fahd Al-Kheneini officially announced his withdrawal from the race for the presidency of the non-profit organization of Al-Hilal Club, just hours after submitting his electoral file.

Al-Kheneini made his surprising decision in appreciation of Prince Nawaf bin Saad and his extensive administrative experience, confirming his full support for him in leading the club in the upcoming phase.

He emphasized in a statement published via the "X" platform his commitment to serving Al-Hilal Club from any position that ensures its stability and supports its path towards development and success.

He clarified that his entry into the presidential race stemmed from a clear vision for the club's development, but he preferred to withdraw to give the opportunity to a leadership with a distinguished sports record.

With Al-Kheneini's exit from the scene, Prince Nawaf bin Saad's list becomes the only one in the presidential race, awaiting its official approval from the election committee and then its endorsement from the general assembly in its upcoming meeting on August 13.