Friday, November 8, 2024
71.7 F
Peshawar

Where Information Sparks Brilliance

HomeSportsSaudi Arabia closes in on deal to create new cycling league |...
Sports

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

News Times HD
By News Times HD


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

Previous article
‘We’ve never seen that before:’ Tre Jones dishes on playing with Wemby and Zion
Next article
Brandy Clark reveals inspiration for Grammy-nominated hit, her
News Times HD
News Times HDhttps://newstimeshd.com
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Load more

 
Track all markets on TradingView

Recent Comments

Healthstay on ‘You overcame a lot’: Terrion Arnold shouts out his mother at NFL combine
NeuroTest where to buy on PTI backed SIC nominates Mahmood Achakzai as presidential candidate – SUCH TV
NeuroTest where to buy on Kentucky hero who saved semi-truck driver who was dangling from bridge identified
NeuroTest reviews on Tesla rolls out new incentives in China as price war escalates
NeuroTest reviews on NSE And BSE To Conduct Special Live Trading Session Today: Check Details
NeuroTest reviews on Cambodia’s pioneering post-Khmer Rouge era Phnom Penh Post newspaper will stop print publication
temp mail on Texas’ win marred as angry TTU fans throw bottles
temp mail on Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 1 – News18
NeuroTest effects on HD FLASH NEWS Pakistan’s Comprehensive Report: Unveiling the Qatar Web Summit 2024
temp mail on Former WWE star admits to failing multiple drug tests due to cocaine use
temp mail on Kim Kardashian breaks silence over Kanye West’s attack on her
NeuroTest benefits on PSL 9: Quetta Gladiators hammer Karachi Kings by 5-wickets
NeuroTest benefits on IHC quashes FIRs against Sophia Mirza
doğankent kurumsal web tasarım on Mickey Mouse, Tigger and more: Notable works entering the public domain in 2024
Jazmyn Solis on National Zoo returning beloved pandas to China on Wednesday after 23 years in U.S.

LATEST POSTS

POPULAR CATEGORY

POPULAR POSTS

Who We Are?

News Times-HD proudly stands at the forefront of Pakistan’s news websites, offering an unswerving commitment to delivering real-time, pinpoint-accurate coverage across the spectrum of current affairs, business analytics, sports fervor, cutting-edge tech revelations, and groundbreaking health insights. Our exceptional team of seasoned journalists and astute analysts works tirelessly to ensure you are consistently updated with the latest news and global events, sourced from both Pakistan and around the world. Our paramount objective is to keep our readers not only informed but fervently engaged with the ever-evolving world that surrounds them.

© All rights reserved by News Times HD

Developed By ASK