Al-Nassr signs platinum sponsorship deal with Public Investment Fund-owned company

Al-Nassr, one of Saudi Arabia’s top football clubs, signs a platinum sponsorship with King Abdullah Financial District Development & Management Company (KAFD DMC) in Riyadh on June 15, 2023. (Supplied)
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Updated 16 June 2023
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Al-Nassr signs platinum sponsorship deal with Public Investment Fund-owned company

  • King Abdullah Financial District Development and Management Company’s logo will appear on the first team’s football shirts for the next three seasons of the Saudi Pro League
  • ‘Through this partnership we aim to be drivers of transformation in the sports realm within the Kingdom,’ said Al-Nassr CEO Ahmed Al-Ghamdi

RIYADH: Al-Nassr Football Club, the runners up in the Saudi Pro League this season, signed a platinum sponsorship agreement on Thursday with King Abdullah Financial District Development and Management Company.
Under the deal, the logo of the Riyadh-based company, which is wholly owned by the Public Investment Fund, will be displayed on the first team’s shirts for the next three seasons, according to a media statement. The brand will also feature prominently across the club’s digital platforms, at the stadium, and on team merchandise and promotional materials.
The agreement was signed by Al-Nassr CEO Ahmed Al-Ghamdi and Gautam Sashittal, the CEO of the company, in the presence of board members and executives from both organizations.
“Through this partnership we aim to be drivers of transformation in the sports realm within the Kingdom, fostering a dynamic ecosystem of success, innovation and fan engagement,” said Al-Ghamdi.
Sashittal welcomed the partnership and said authorities in the Kingdom have set ambitious goals and that both organizations, which he described as “game changers” in their respective sectors, are important enablers for efforts to achieve them.
“Over 80 percent of men and women in the Kingdom play, attend or follow football, making this the most important arena for public engagement and the development of health and well-being initiatives,” Sashittal added.
“By the end of 2030, 40 percent of people in the Kingdom will be practicing sports or physical activities on a weekly basis. This vast reach, unparalleled popularity and football's ability, and indeed, Al-Nassr’s ability, to inspire and unite people, young and old, makes the sport an important avenue for socioeconomic transformation.”
The sponsorship deal comes as Saudi Arabia is stepping up its efforts to expand investment in key sectors, including sport. The aim is to enhance the contribution they make to the Saudi economy in line with the aspirations of Vision 2030, the national development and diversification plan.
On June 5, Crown Prince Mohammed bin Salman launched an investment and privatization project for Saudi sports clubs, with the aim of encouraging private-sector investment to help develop national teams, regional sports clubs, and participation at all levels.
Thanks to the recent growth of Saudi football and a surge in popularity, the Saudi Pro League is now screened by 48 platforms and broadcasters in more than 170 countries.
Attendance at Al-Nassr matches doubled in the past year. In December, the club succeeded in attracting and signing one of the sport’s greatest talents, Portuguese superstar Cristiano Ronaldo.
 


Rhodes leads after second round of PIF Saudi Ladies International

Updated 13 February 2026
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Rhodes leads after second round of PIF Saudi Ladies International

  • 2025 LET Rookie of the Year leads in PIF Global Series 2026 opener
  • WiMENA panels gather trailblazing women to spark dialogue

RIYADH: England’s Mimi Rhodes backed up a stellar opening in round two of the PIF Saudi Ladies International at Riyadh Golf Club, moving into an outright lead and fending off advances from South Africa’s Casandra Alexander and Chizzy Iwai of Japan. 

The 24-year-old, who was the Ladies European Tour’s 2025 Rookie of the Year, posted a score of 69 to move to an overall total of 11-under-par to lead by one.

Another former LET Rookie of the Year, Spain’s Carlota Ciganda, who now has 12 professional wins, sits one shot further back in tied fourth alongside Japan’s Rio Takeda. Eight players are tied for sixth and England’s Charley Hull lies four back from her compatriot alongside past champion Patty Tavatanakit.

Reflecting on her mindset, and how she has approached the week so far, Rhodes said: “Honestly, I was so excited. Having two months off competitive golf, it’s so long, but I just got back into the swing of things.

“Holing putts is my main goal out there and having the greens rolling really nicely is definitely an advantage for that. I’m just taking it chilled out there and being patient.

“I wasn’t putting too much pressure on myself, but obviously it’s a big event, one of the PIF Global Series, so I wanted to do well, and start with a cut made. I’ve done more than that. I think I can be proud of myself and now (I will) just see what happens. I’m happy.”

The second day of the event highlighted Golf Saudi’s investment in the future of women’s sport with the WiMENA (Women in Middle East and North Africa) panels, which included pioneering Saudi athletes such as Kariman Abuljadayel, the trailblazing sprinter who set a Guinness World Record for the 10 km open water row. Joining her were Razan Al-Ajmi, Saudi Arabia's first female skydiver, members of the Saudi national rugby team and other prominent Olympians and sports figures.

Ameera Marghalani, a pioneering female Saudi rugby national team member, said: “I want to see the support for sports grow exponentially across the country.

“My vision is to see more young girls and women joining the sporting community, not just in major cities but across every corner of Saudi Arabia.”