25 British companies explore investment opportunities in Saudi sports sector

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A part of the signing ceremony held during the workshop. SPA
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A part of the signing ceremony held during the workshop. SPA
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Updated 15 March 2023
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25 British companies explore investment opportunities in Saudi sports sector

  • Two cooperation agreements were signed to expand investments in sporting events across the country

RIYADH: A delegation of 25 British companies arrived at the headquarters of the Saudi Ministry of Investment to explore key investment opportunities in the Kingdom’s sports sector.

The ministry held a workshop in the presence of relevant government and private agencies, discussing key advantages for new investors in Saudi Arabia’s sports sector, as well as the development of the business environment in the country.

The workshop witnessed the signing of a cooperation agreement between the ministries of investment and sports and the British ES Global company, aiming to expand investments in sporting events across the country, explore additional investment paths, and attract new partnership opportunities that serve the Kingdom’s growing sports sector.

Another cooperation agreement was also signed with the British Global 13 company to boost and develop sports consultancy and marketing sectors.


FIFA and Board of Peace to support Gaza reconstruction through football

Updated 20 February 2026
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FIFA and Board of Peace to support Gaza reconstruction through football

  • The Board of Peace, established under the US President Donald Trump, held its first meeting focused on Gaza’s reconstruction fund, aimed at rebuilding the territory once Hamas disarms

FIFA and the ‌Board of Peace signed a partnership agreement on Thursday to attract investment from global leaders and ​institutions for sustainable development in conflict-affected regions through football.
The Board of Peace, established under the US President Donald Trump, held its first meeting focused on Gaza’s reconstruction fund, aimed at rebuilding the territory once Hamas disarms.
The disarmament of ‌Hamas militants ‌and accompanying withdrawal of ​Israeli ‌troops, ⁠the ​size of ⁠the reconstruction fund and the flow of humanitarian aid to the war-torn population are expected to pose significant challenges to the board’s effectiveness in the coming months.
The FIFA collaboration plan includes building 50 mini-pitches ⁠near schools and residential areas ‌in Gaza, five ‌full-size pitches across multiple districts, ​a state-of-the-art FIFA ‌academy and a new 20,000-seat national ‌stadium, FIFA said.
Trump said FIFA will raise $75 million for football-related projects in Gaza.
“Today, FIFA and the Board of Peace have signed a landmark ‌partnership agreement that will foster investment into football for the purpose ⁠of ⁠helping the recovery process in post conflict areas,” FIFA President Gianni Infantino said in a statement.
“Together with the support of the Board of Peace, FIFA will drive this partnership which is built to deliver impact at every stage.”
The program will also emphasize job creation, youth participation, organized leagues for boys and girls, ​community engagement and ​the stimulation of local commercial activities, FIFA said.