Revenues of Saudi Non-Governmental League Hits SR1.1 billion in 2021, Says Sports Minister

Saudi Sports Minister Prince Abdulaziz bin Turki Al-Faisal, Asharq Al-Awsat
Saudi Sports Minister Prince Abdulaziz bin Turki Al-Faisal, Asharq Al-Awsat
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Revenues of Saudi Non-Governmental League Hits SR1.1 billion in 2021, Says Sports Minister

Saudi Sports Minister Prince Abdulaziz bin Turki Al-Faisal, Asharq Al-Awsat
Saudi Sports Minister Prince Abdulaziz bin Turki Al-Faisal, Asharq Al-Awsat

Saudi Sports Minister Prince Abdulaziz bin Turki Al-Faisal on Sunday revealed many goals that the Kingdom will be working on during 2022, foremost of which is the launch of a national strategy for sports and raising private sector contribution in the sports sector.

Moreover, Saudi Arabia will continue to discover talent, host international sports events, and increase the number of licenses granted for halls, centers, academies, and sports clubs.

Besides increasing the number of direct jobs in the sector, the Kingdom will work to boost the number of women’s teams to 35 in several games.

At a post-budget media forum in Riyadh on Monday, Prince Abdulaziz pointed out the many achievements that were made for the sports sector in 2021 despite the challenges caused by the coronavirus pandemic.

He noted that his ministry’s priorities included encouraging citizens and residents to exercise sports, creating talent, developing elite athletes, promoting the sports sector in developing the economy, and hosting international and global events.

Prince Abdulaziz explained that the total value of non-governmental revenues for the Prince Mohammad bin Salman League during the last two years amounted to more than SR1.8 billion, indicating that the revenues of 2021 reached more than SR1.1 billion riyals.

Additionally, Saudi Arabia’s Ministry of Sport is reviewing 100 applications from private investors to open different sports projects in the Kingdom.

The sports minister said his ministry approved 30 new licenses for different sports projects in the private sector.

The ministry owns 170 local clubs, and it plans to increase this with private investors, he added saying, the Kingdom wants to raise the contribution of sports to the gross domestic product to 1.2 % by 2030.



Saudi Arabia Sets World Record with Largest Food Cluster

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef attends the ceremony to launch Jeddah Food Cluster. SPA
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef attends the ceremony to launch Jeddah Food Cluster. SPA
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Saudi Arabia Sets World Record with Largest Food Cluster

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef attends the ceremony to launch Jeddah Food Cluster. SPA
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef attends the ceremony to launch Jeddah Food Cluster. SPA

Saudi Arabia has set a Guinness World Record for the largest food park in the world by area with the Jeddah Food Cluster, which spans over 11 million square meters and has set a new global benchmark.

Spanning 11 million square meters, the Saudi Authority for Industrial Cities and Technology Zones (MODON) announced ambitious plans for the cluster, targeting investments of up to SAR20 billion and creating 43,000 job opportunities by 2035. The cluster aims to stimulate economic growth, enhance food security, and support national exports.
Over the next decade, the Jeddah Food Cluster is projected to contribute SAR8 billion to national exports and add SAR7 billion to the GDP. MODON will achieve this by investing in advanced infrastructure, shared services, and innovative solutions.
By integrating services and optimizing supply chains, the cluster aims to reduce operational costs by 5-12%. This will not only benefit businesses but also contribute to strengthening national food security and self-sufficiency in essential commodities.