Skip to content
Breaking News

Breaking News

  • Home
  • World
  • Business
  • Health
  • Entertainment
  • Life Style
  • Sports
  • Toggle search form

Saudi Arabia closes in on deal to create new cycling league | Reuters News Agency

Posted on February 2, 2024 By Admin No Comments on Saudi Arabia closes in on deal to create new cycling league | Reuters News Agency


DealsSports

02 February 2024, 5:23 pm 1 minute

Reuters exclusively reported that Saudi Arabia-backed sports fund SRJ was in exclusive talks to back a new cycling league, which Reuters also exclusively reported was in the works back in October.  The country is targeting yet another sport to upend in the wake of previous investments in golf, football and Formula One. The story was also picked up by ESPN. 

Market Impact

If successful, the deal would mark Saudi Arabia’s first significant involvement in cycling after pouring billions into other sports worldwide such as football, motorsports and martial arts. Sports is one of the pillars of the government’s Vision 2030 economic diversification plan.

Article Tags

Topics of Interest: DealsSports

Type: Reuters Best

Sectors: Sports

Regions: Middle East

Countries: Saudi Arabia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



Source link

Sports

Post navigation

Previous Post: Getting your people more engaged in hybrid work meetings
Next Post: Richard Scolyer: Melanoma doctor’s high-stakes gamble to treat his brain cancer

More Related Articles

IPL: GT thrash RR by 58 runs to claim top spot in points table | The Express Tribune Sports
T20 series against NZ: Two major changes expected in Pakistan’s playing XI – SUCH TV Sports
T20 World Cup: Babar stresses sticking to basics and playing ‘easy cricket’ – SUCH TV Sports
Ten Hag on loss: ‘Obvious’ why we signed striker Sports
Holger Rune beats Novak Djokovic in rainy Italian Open quarterfinal clash | CNN Sports
Angel City’s Savy King undergoes heart surgery after frightening collapse during match Sports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Gilgit-Baltistan reports first case of poliovirus in toddler
  • GST collections up 16%, fastest since Oct 2022 – Times of India
  • Road to the MCWS: NCAA baseball tournament schedule, results
  • ‘Squid Game’ star gets honest about fans reaction to S3
  • ‘Sinners’ highlights Mississippi | The Express Tribune

Categories

  • Business
  • Entertainment
  • Health
  • Life Style
  • Sports
  • World

Copyright © 2025 Breaking News.

Powered by PressBook Blog WordPress theme