United Arab Emirates
ADQ signs three-year sponsorship deal with Azerbaijan’s Neftçi PFK
ADQ, a UAE-based sovereign investor, has signed a three-year sponsorship deal with Neftçi PFK, one of Azerbaijan’s most historic football clubs.
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.
ADQ, a UAE-based sovereign investor, has signed a three-year sponsorship deal with Neftçi PFK, one of Azerbaijan’s most historic football clubs.
Qatar secured its spot in the 2026 FIFA World Cup on Tuesday with a 2–1 home victory over the United Arab Emirates in Group A of the Asian qualifiers.
U.S. Secretary of State Marco Rubio is expected to attend a ministerial meeting to be held on Thursday in Paris with European, Arab and other states to discuss Gaza's post-war transition, three diplomatic sources said on Wednesday.
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