The Public Investment Fund (PIF) is set to sponsor the first world heavyweight title fight to be hosted in Saudi Arabia, set for December 7th at the Diriyah Arena in Riyadh as part of the Diriyah Season.
Officially titled the 'Clash on the Dunes presented by thePublic Investment Fund (PIF)', the championship bout will see Anthony Joshuachallenge reigning world heavyweight titleholder Andy Ruiz Jr. Joshua lost hisWBO, WBA, IBF and IBO belts to Ruiz when the pair first met at New York'sMadison Square Garden in June of this year.
His Royal Highness Prince Abdulaziz Bin Turki AlFaisal AlSaud, Chairman of the General Sports Authority, said: "I am delighted towelcome PIF as a sponsor of this iconic event being staged for the first timein the Kingdom. An investment in sport is an investment in people and as thesovereign wealth fund for Saudi Arabia, PIF's mission is perfectly aligned withour own at the GSA, which is making life better and more enjoyable for ourcitizens and the visitors of the Kingdom of Saudi Arabia".
Tapping into the sports and entertainment sectors throughsponsoring this event is a perfect example of the strategic partnerships PIFseeks to develop to enable new sectors, diversify the economy and increase theKingdom's offerings. The historic event is set to attract boxing fans fromacross the globe to Saudi Arabia.
