Al Nassr took on Al Fateh in desperate need of a victory after some patchy form and managed a 2-2 draw thanks to a Ronaldo penalty at the death.
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Al Nassr found themselves a goal down early when former Barcelona star Cristian Tello scored before Ronaldo saw his effort ruled out.
Talisca played a ball over the top to find the 37-year-old, who controlled the ball with his chest while facing away from goal before turning, racing through towards the goalkeeper and slotting it past him.
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However, the flag was immediately raised and the goal was chalked off - leaving Ronaldo looking furious.
And it got worse for the former Manchester United star as after 30 minutes, he had the perfect opportunity to finally get on the score sheet.
Talisca hit the post from a tight angle with the ball bobbling out to the veteran forward, who leaned back too far as he tried to scoop it back in - but ended up blazing the ball against the bar.
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Ronaldo has not had the best of starts since moving to Saudi Arabia after Al Nassr were beaten 3-1 by Al Ittihad in the Saudi Cup where the ex-Real Madrid striker faltered.
Prior to being named in the starting line-up against Al Fateh, the five-time Ballon d'Or winner posted a message in a bid to inspire himself to bag his first goal.
He shared a number of posts of himself working out on Instagram and simply captioned it: "Hard work never stops."
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Al Nassr did equalise through Talisca just before half-time but Al Fateh took the lead once again shortly after half-time when Sofiane Bendebka scored a beautiful volley.
Ronaldo got there in the end, though, scoring his first goal for Al Nassr despite Al Fateh playing them off the park to earn a point for his new team.