Hulk Hogan is back -- the wrestling star has returned to the WWE ring for the first time since his n-word scandal ... and it all went down in Saudi Arabia.
Hogan stormed the ring at the 'Crown Jewel' pay-per-view event in Riyadh on Friday wearing his signature bandana and a Hulkamania shirt -- with his red and yellow boa.
Hulk -- who's hosting the event -- told the crowd, "It's good to be back!"
"It's awesome to be here back in the WWE," Hulk said ... noting how excited he was to get on a plane and fly across the world to make his return.
"So, whatcha gonna do when the power of Hulkamania and the 'Crown Jewel' run wild on you, brother?!"