This took place after today’s decision of the Council of Ministers, according to which the Ministry of Sport implements the provisions contained in the regulation for the disposition of municipal buildings issued by Royal Decree on the land assigned for the benefit of the Ministry, on its sports facilities and investment for the naming and sponsorship rights of sports facilities affiliated with the Ministry for certain periods of time.
In a statement in this occasion, he said: “The decision of the Council of Ministers is a qualitative leap that contributes to creating greater investment opportunities for the sport of this dear country and to providing a suitable environment for the progress of the sports economy and its effective contribution. to the continuous growth of the domestic product, in order to achieve the goals of the Kingdom’s Vision 2030, which contributes to the growth of this vital and important sector, motivating all segments of society to practice sports and increasing interest in it.
His Highness noted the support provided by wise leadership to all sectors of the state, including the sports sector, in order to achieve the desired goals and occupy its natural position globally.
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