Business · Companies · 10 hrs ago
Saudi Sports Ministry and AlUla Authority sign development agreement
Saudi Arabia’s Sports Ministry and the Royal Commission for AlUla signed a cooperation agreement to develop sports in AlUla.
The agreement aims to support sports initiatives and community programs in the region.
The two bodies will explore ways to attract investors and sponsors to sports activities.
They also plan to share expertise on sports facilities and infrastructure, and coordinate campaigns promoting physical activity.
Training programs will help develop people’s skills in the sports sector.
The agreement supports Saudi Arabia’s Vision 2030 goals, and the two bodies will work together on initiatives to expand the sector.
Saudi Arabia’s Ministry of Sport and the Royal Commission for AlUla signed a memorandum of understanding to develop the sports sector in AlUla.
The agreement covers sports initiatives, community programmes, investment and sponsorship, and sports facilities and infrastructure.
It also provides for exchanging expertise, training and public-awareness campaigns promoting physical activity.
The parties said the cooperation aims to support development in AlUla and the goals of Saudi Vision 2030.
- Who
- Saudi Arabia’s Ministry of Sport and the Royal Commission for AlUla.
- What
- They signed a memorandum of understanding to develop AlUla’s sports sector and attract investment.
- When
- Not stated.
- Where
- The signing ceremony was held at the Ministry of Sport’s headquarters in Riyadh.
- Why
- To support sports development in AlUla, encourage investment and contribute to Saudi Vision 2030 goals.
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- Agreement
- Memorandum of understanding
- Signing venue
- Ministry of Sport headquarters, Riyadh
- Ministry representative
- Adwaa Al-Arifi, assistant minister for sports affairs
- Commission representative
- Abeer Mohammed Al-Aql, chief executive
- Target
- Development of the sports sector in AlUla and attraction of investors and sponsors