Nafes
ClientSaudi Arabia Ministry of SportDate2021
Saudi Arabia is inviting global investors to take full ownership of clubs, academies, and centers across 27 of its most popular sports.
The Ministry of Sport launched NAFES, a new online licensing platform designed to encourage foreign investment and collaboration in the Kingdom, one of the world’s rapidly growing sports markets.
The launch of NAFES falls under Saudi Arabia’s “Quality of Life” sports program, which is part of the country’s Vision 2030 reform plans.
It has already launched partnerships with some of the world’s biggest sports events and governing bodies.
Link: Arabnews on NAFES
