The Fort Worth Press - Women's tennis signs 'multi-year partnership' with Saudi investment fund

USD -
AED 3.672499
AFN 65.000087
ALL 81.533073
AMD 358.401722
ANG 1.789785
AOA 916.999726
ARS 1541.749099
AUD 1.417699
AWG 1.8
AZN 1.752097
BAM 1.754262
BBD 2.010754
BDT 123.994851
BGN 1.747831
BHD 0.376995
BIF 2999.094065
BMD 1
BND 1.280239
BOB 12.025456
BRL 5.346599
BSD 0.998309
BTN 95.006951
BWP 13.810517
BYN 2.942546
BYR 19600
BZD 2.007794
CAD 1.398285
CDF 2314.497551
CHF 0.828115
CLF 0.02501
CLP 987.539595
CNY 6.66605
CNH 6.65968
COP 3169.13
CRC 453.954273
CUC 1
CUP 23.960319
CVE 98.902577
CZK 21.85645
DJF 177.776183
DKK 6.704465
DOP 61.334505
DZD 135.247012
EGP 56.0272
ERN 15
ETB 163.677738
EUR 0.89707
FJD 2.23975
FKP 0.751792
GBP 0.750605
GEL 2.567504
GGP 0.751792
GHS 11.635281
GIP 0.751792
GMD 73.494587
GNF 8835.888903
GTQ 7.629042
GYD 209.205434
HKD 7.845285
HNL 26.802228
HRK 6.76901
HTG 130.803902
HUF 329.167504
IDR 18131
ILS 3.123155
IMP 0.751792
INR 95.16825
IQD 1513.526119
IRR 1864649.999524
ISK 121.810261
JEP 0.751792
JMD 158.350301
JOD 0.709026
JPY 157.763499
KES 129.959984
KGS 87.448598
KHR 4079.381097
KMF 442.000251
KPW 899.999961
KRW 1335.034984
KWD 0.31089
KYD 0.832018
KZT 454.497345
LAK 22469.582065
LBP 89401.597474
LKR 331.94455
LRD 169.711646
LSL 16.642972
LTL 2.95274
LVL 0.60489
LYD 6.423981
MAD 9.821192
MDL 17.970463
MGA 4535.934522
MKD 55.229912
MMK 2099.638249
MNT 3597.631144
MOP 8.067326
MRU 40.444177
MUR 47.559967
MVR 15.460429
MWK 1731.104723
MXN 18.67361
MYR 4.064598
MZN 63.898173
NAD 16.643047
NGN 1346.040203
NIO 36.73971
NOK 9.25272
NPR 152.022209
NZD 1.77922
OMR 0.384496
PAB 0.998309
PEN 3.443763
PGK 4.475938
PHP 63.791501
PKR 276.21656
PLN 3.947725
PYG 5843.547208
QAR 3.639535
RON 4.798899
RSD 105.426018
RUB 80.501832
RWF 1478.109555
SAR 3.750664
SBD 8.064705
SCR 13.991301
SDG 601.497117
SEK 9.908915
SGD 1.280415
SHP 0.750582
SLE 22.950211
SLL 20969.504398
SOS 570.559796
SRD 37.615495
STD 20697.981008
STN 21.976051
SVC 8.735469
SYP 13001.999685
SZL 16.638487
THB 33.73401
TJS 9.194224
TMT 3.51
TND 2.995112
TOP 2.40776
TRY 49.835099
TTD 6.776484
TWD 32.523032
TZS 2644.422956
UAH 45.526629
UGX 4347.533602
UYU 40.163236
UZS 11994.959121
VES 887.00815
VND 25834.5
VUV 119.133003
WST 2.76699
XAF 588.439418
XAG 0.018798
XAU 0.000247575309
XCD 2.70255
XCG 1.799297
XDR 0.707052
XOF 588.439418
XPF 106.970674
YER 236.174992
ZAR 16.622395
ZMK 9001.199001
ZMW 20.141626
ZWL 321.999592
SSP 5745.303054
MXV 2.105694
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Women's tennis signs 'multi-year partnership' with Saudi investment fund
Women's tennis signs 'multi-year partnership' with Saudi investment fund / Photo: © GETTY IMAGES NORTH AMERICA/AFP

Women's tennis signs 'multi-year partnership' with Saudi investment fund

The women's tennis tour (WTA) on Monday announced "a multi-year partnership" with the Saudi Arabian sovereign wealth fund (PIF), emulating a deal made by the men's tour (ATP) in February.

Text size:

The WTA said in a statement that it shared with PIF an "ambition to grow women's professional tennis and inspire more women and girls around the world to take up the game."

"We look forward to sharing the journey of our talented players across the season, as we continue to grow the sport, creating more fans of tennis and inspiring more young people to take up the game," said Marina Storti, CEO of WTA Ventures, in the joint statement.

PIF will become the "first-ever naming partner of the WTA Rankings".

"Through our partnership with WTA, PIF will continue to be a catalyst for the growth of women's sport," said Mohamed Alsayyad of PIF in the statement. "This partnership aligns with our ambition to elevate the game and bring positive growth to the sport around the world."

The partnership between the WTA and PIF follows the recent announcement that the season-ending WTA Finals, featuring the eight top singles players and doubles pairings, will be held in Riyadh for the next three years, starting this year.

Much like its forays into golf and football, the Saudi tennis push has met some resistance, with legends Martina Navratilova and Chris Evert denouncing Riyadh's record on women's rights in an op-ed published by The Washington Post in January.

The article was headlined: "We did not help build women's tennis for it to be exploited by Saudi Arabia".

Conservative Saudi Arabia's bid to become a sports powerhouse is part of a larger attempt to soften its austere image.

That rebranding is central to the success of its Vision 2030 economic and social reform agenda, designed to prepare the world's biggest crude exporter for a prosperous post-oil future.

Last year, the kingdom hosted its first ATP Tour event with the Next Gen Finals.

It has also hosted exhibition matches pitting Novak Djokovic against Carlos Alcaraz and Aryna Sabalenka against Ons Jabeur.

In early January, Saudi Arabia appointed Rafael Nadal as ambassador of the Saudi Tennis Federation.

The country, which hosts a Formula 1 and MotoGP Grand Prix, as well as the Dakar rally-raid, has recruited a large number of top football players to its national league in recent years.

The Kingdom has also hosted a series of headline-grabbing boxing matches including the heavyweight unification bout between Oleksandr Usyk and Tyson Fury last Saturday.

X.Silva--TFWP