21 Hrs
Source:
الاقتصادية
Saudi Investment Fund details sports plan
The Sports Leaders Week event in London focused on the Saudi Public Investment Fund's announcement of its strategy to support and develop the sports sector in the Kingdom. This strategy includes hosting the ATP Masters 1000 tennis tournament in Saudi Arabia starting in 2028 for the first time in 35 years, and developing sports clubs by improving governance, infrastructure, and supporting youth categories to ensure the sector's sustainability. The fund also aims to enhance Saudi Arabia’s global standing by organizing major events through partnerships with international organizations such as FIFA and expanding activities across various sports, with an emphasis on sustainability and technology. The goal is to attract investments, athletes, and fans, while promoting economic diversification as part of Vision 2030.
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