OFFICIAL: Cristiano Ronaldo renews his contract with Al-Nassr
The contract has included Cristiano permission on every transfer the club will be making.
The 40-year-old feels at home in Saudi Arabia and has extended his stay until 2027.
Ronaldo, on signing his new deal, said: "A new chapter begins. Same passion, same dream. Let's make history."
The Portugal captain joined Al Nassr in January 2023 and was out of contract at the end of this month.
The ex-Manchester United forward believes his recent performances and goals for Portugal when they won the Nations League prove that another season - at least at Al Nassr - will keep him in good condition for the World Cup next summer, when he will be 41.
He believes the standard of football in the Saudi Pro League is improving all the time.
Ronaldo turned down offers to play at the Club World Cup and hinted on social media last month that he could be leaving Al Nassr.
The ex-Real Madrid forward wants to score 1,000 goals before he contemplates retirement. He is currently on 938 goals.