With Sadio Mané, N’Golo Kanté and Karim Benzema in its football clubs, Saudi Arabia, the world’s leading exporter of crude oil, is cultivating its “soft power” through sport and confirming that it wants to diversify its economic activities. , beyond the exploitation of oil. The country’s sovereign wealth fund announced this Sunday, August 6, the creation of an investment company specializing in sport.
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Saudi Arabia sets up company to fund major sporting events
