World soccer governing body FIFA has signed a partnership with oil and gas conglomerate Saudi Aramco that will run through to the end of 2027, it said in a statement on Thursday.
FIFA Headquarter in Zurich, Switzerland © Mena Today
World soccer governing body FIFA has signed a partnership with oil and gas conglomerate Saudi Aramco that will run through to the end of 2027, it said in a statement on Thursday.
The four-year deal will see Aramco become a worldwide partner of FIFA, including in major tournaments such as the World Cup 2026 and the Women's World Cup 2027.
"This partnership will assist FIFA to successfully deliver its flagship tournaments... enable us to provide enhanced support to our 211 FIFA member associations across the globe," FIFA president Gianni Infantino said in the statement.
Saudi Arabia has been pouring billions into sports worldwide such as golf, football, motorsports and martial arts. Sport is one of the pillars of the government's Vision 2030 economic diversification plan that seeks to build new industries and create jobs. Some critics have called it an effort to distract from its human rights record.
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah took part in a Gulf Cooperation Council ministerial coordination meeting in New York ahead of the high-level week of the 81st session of the United Nations General Assembly, the Saudi Press Agency (SPA) reported.
A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Iran in stalemate.
Iran warned on Sunday against any big new attack by the United States and its allies, saying it had information such a move was being prepared, adding to the anxiety in a region already on edge after drone and missile strikes on Saudi Arabia.
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