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 Arabia's Crown Prince Mohammed bin Salman will be at the White House on November 18 for an official working visit with U.S. President Donald Trump, a White House official said on Monday.
Major Saudi Arabian firms are planning billion-dollar investments in Syria as part of the kingdom's business-forward approach to the country's recovery, but U.S. sanctions and a fractured Syrian state apparatus pose formidable obstacles.
Foreign ministers from several Muslim-majority countries will convene in Istanbul on Monday to discuss the current Gaza ceasefire and potential next steps, including the establishment of a "stability force," Turkish Foreign Minister Hakan Fidan announced on Friday during a press conference in Ankara.
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