SURJ Sports Investment has agreed to take a minority stake in DAZN, which is likely to result in more Saudi-backed sports events appearing on the...
Vous n'êtes pas connecté
Saudi Arabia through its sports-focused investment vehicle, SURJ Sports Investment, has now invested in sports streaming service, DAZN. Through this investment, SURJ takes a minority stake in DAZN.SURJ was formed in Saudi Arabia in 2023, with a focus on investing in the sports industry, including various elements and ecosystems for it – involving broadcasting, digital platforms, grassroots programs, and also initiatives involving fans and supporters. This is also a long-term strategic step to grow the sports industry.DAZN is available in more than 200 countries including Malaysia, offering access to a variety of sports content through it. The investment will also see the establishment of DAZN MENA which will focus on targeting sports in Saudi Arabia, in addition to strengthening Saudi Arabia's position as an investment center for the sports industry.The amount of the investment was not disclosed by both parties. According to previous reports, it is said to be around $1 billion.
SURJ Sports Investment has agreed to take a minority stake in DAZN, which is likely to result in more Saudi-backed sports events appearing on the...
Saudi Arabia’s ambassador to the United Kingdom, Prince Khalid bin Bandar Al Saud, has confirmed that alcohol will not be permitted at the 2034 FIFA...
Web Desk RIYADH, KSA: Salesforce today announced plans to invest $500 million in the Kingdom of Saudi Arabia, building on its commitment to innovation...
Apple previously offered Apple Music service to Android users. In addition, Apple is now also expanding the Apple TV service to Android users...
Foreign entities have secured profitable positions in once-public domestic infrastructure. The pursuit of short-term cash has sacrificed long-term...
Following U.S. President Donald Trump’s statement that he expects his first meeting with President Vladimir Putin to take place in Saudi Arabia,...
By Dr. Diana Galeeva Germany will hold federal elections on Feb. 23. Last week, during a discussion at Oxford University, a well-informed speaker...
The negotiations between the U.S. and Russian delegations in Saudi Arabia's capital, Riyadh, have concluded. That's according to The Guardian,...
U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met in Saudi Arabia on Tuesday ahead of negotiations aimed at ending...
RIYADH: AstroLabs, the Gulf’s leading business expansion platform, has launched the “Saudi IT Project Insider,” to bridge global IT firms to the...