Reuters exclusively reported that Saudi Arabia’s Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, potentially reshaping the competitive landscape of the sport.
Business & FinanceSports
Saudi wealth fund holding talks to create boxing league
12 June 2024, 4:04 pm 1 minute
Market Impact
Saudi Arabia has poured billions of dollars into sport as it seeks to wean the kingdom off of oil dependency under de-facto ruler Crown Prince Mohammed’s Vision 2030 program, which aims to bring in tourism, boost the private sector, and create jobs.
Article Tags
Topics of Interest: Business & FinanceSports
Type: Reuters Best
Sectors: Business & FinanceSports
Regions: Middle East
Countries: Saudi Arabia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
