Inter Milan granted investment license in Saudi Arabia

16/10/2024 Argaam
Ceremony of granting investment license to Inter Milan

Ceremony of granting investment license to Inter Milan

The Saudi Ministry of Investment granted today, Oct. 17, Italian club Inter Milan an investment license to set up its regional headquarters (HQs) in the Kingdom, becoming the first international club to set foot in Riyadh, Asharq Bloomberg reported, citing the club as saying.

 

The club will benefit from the support of the Ministry of Investment to expand its brand presence in the Middle East and develop its fan base.

 

According to Argaam’s data, a total of 517 international firms received licenses to set up HQs in Riyadh by the end of the first half of 2024, exceeding the target of 500 companies by 2030.

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