Dammam Sports City Project Signed with SAR 1B Investment During SIF 2026

Major Agreements Signed During SIF 2026

During the Sports Investment Forum 2026 (SIF 2026), significant strides were made in sports infrastructure and investment in Saudi Arabia. Among the most notable agreements was the signing of the Dammam Sports City project, a monumental venture worth SAR 1 billion.

Investment Details

The deal was formalized between the Sharqia Development Authority (SDA) and Dammam Valley Co., marking a key step toward enhancing the region's sports and recreational facilities. This investment reflects the ongoing commitment of the Saudi government and private sector to support sports initiatives that will foster community engagement and promote healthy lifestyles.

Plans for Future Events

In addition to the Dammam Sports City project, the SDA announced plans for a variety of sports events scheduled for 2026 in the Dammam metropolitan area. The anticipated investment for these events is pegged at SAR 15 million, underscoring the area's potential as a sports hub in the region.

Promotion of Shooting Sports

Another significant agreement was reached between the Events Investment Fund and the Saudi Shooting Federation. This partnership aims to promote shooting sports within the Kingdom, focusing on enhancing both the technical and operational aspects of shooting-related projects. By securing funding and comprehensive support, this initiative is set to refine the sport’s infrastructure and boost participation rates.

Conclusion

The agreements signed during the SIF 2026 reflect a robust commitment to developing sports in Saudi Arabia, positioning Dammam as a pivotal player in the region’s sporting landscape. With substantial investments and strategic partnerships, the future of sports in Dammam looks promising.