Visit Saudi partners with Spanish LaLiga as global sponsor  

The collaboration will boost Visit Saudi’s efforts to highlight the Kingdom’s rich cultural heritage (Visit Saudi)
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Updated 18 August 2023
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Visit Saudi partners with Spanish LaLiga as global sponsor  

  • The partnership aims to promote Saudi Arabia as the most exciting year-round destination, where football passion merges with fostering ties among diverse cultures and bringing communities together

RIYADH: The Saudi tourism ministry’s promotional brand, Visit Saudi, has partnered with Spanish football league LaLiga to showcase the Kingdom’s attractiveness as the world’s fastest-growing destination.  

The partnership aims to promote Saudi Arabia as the most exciting year-round destination, where football passion merges with fostering ties among diverse cultures and bringing communities together, according to the Saudi Press Agency.  

Additionally, the collaboration will boost Visit Saudi’s efforts to highlight the Kingdom’s rich cultural heritage, diverse landscapes, and role as a major hub for unprecedented sporting and cultural interactions in today’s football landscape.

“Football and travel bridge cultures and unite people,” said Fahd Hamidaddin, CEO of Saudi Tourism Authority.  

“Saudi Arabia has millions of incredibly passionate football fans and as we continue to create a dynamic year-round destination, full of cultural events, we look forward to welcoming international travellers to experience the largest sporting and cultural exchange in sporting history, helping us in bringing the world to Saudi and bringing Saudi to the world,” Hamidaddin continued. 

According to SPA, this will exemplify the long-standing relationship between LaLiga and Saudi Arabia, as Saudi football players have represented leagues in Spain and vice versa. 

“Saudi Arabia has embraced the sport, elevating football to its pinnacle as the most played and followed activity across the nation, and the level of participation in the under 30s continues to increase,” Iker Casillas, ambassador of LaLiga said. 

The alliance will expand the limits of brand activation through a wide range of events, including a high-profile debut event, followed by many more activities that will be held in the Kingdom, the announcement added.

“Signing this agreement demonstrates our strong commitment to advancing sports and football science in the Arab world, as well as expanding our presence, and that of our clubs, in a relevant global sports hub,” Oscar May, executive director of LaLiga said.  

Through this strategic partnership, LaLiga and Visit Saudi will jointly highlight Saudi Arabia's travel trends, attracting a wide range of local, regional, and global travelers.  

The project will be produced through innovative collaborations, sponsorship agreements, partnerships, digital content, and immersive consumer events that are intended to increase audience engagement, SPA reported. 


ITFC tops the global rankings in Islamic crowdfunding deals for 2025

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ITFC tops the global rankings in Islamic crowdfunding deals for 2025

RIYADH: The International Islamic Trade Finance Corp., a member of the Islamic Development Bank Group, has topped the global rankings as the best Bookrunner and Mandated Lead Arranger in the 2025 Islamic syndicated finance deal rankings issued by Bloomberg and the London Stock Exchange Group Data & Analytics, achieving its continued leadership for the fifth consecutive year.

The Bloomberg ranking reflects the corporation’s ability to structure and lead syndicated trade finance deals, as well as its success in attracting a broad and diverse investor base globally.

The LSEG Data & Analytics ranking confirms the entity’s established leadership position and high credibility in international financial markets.

This dual recognition embodies the pivotal role the ITFC plays in mobilizing investments from private and public institutions worldwide to finance member countries of the Organization of Islamic Cooperation, while providing Islamic trade finance solutions that meet client needs and align with its development mission.

On this occasion, the CEO of ITFC Adeeb Al-Aama said: “The institution’s leading position in the global rankings of Islamic crowdfunding deals in Bloomberg’s tables and the LSEG Data & Analytics for 2025 reflects the strength and credibility of the crowdfunding platform through which the institution operates, its consistent performance, and its broad global presence.This achievement also confirms the international financial community’s confidence in the institution’s ability to innovate and lead high-quality Islamic finance deals.”

It is worth noting that the Islamic crowdfunding deals ranking tables issued by Bloomberg and the LSEG Data & Analytics are based on comprehensive market transaction data and are considered a primary reference for financial institutions worldwide through the Bloomberg and LSEG Data and Analytics platforms and systems.