NAFES is our invitation to overseas partners to drive our sporting investment to the next level and to collaborate across our sports clubs, academies and centers. It is a turning point for the Kingdom’s sports sector. Our message to investors and the private sector both in Saudi Arabia and across the globe is direct and clear, establish your clubs, compete and draw the future path of Saudi sports investment.
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