Sports Investment Forum 2026 opened in Riyadh, running from 20 to 22 April 2026 at The Ritz-Carlton, Riyadh, as part of the Kingdom's wider drive to expand its sports economy and attract private-sector investment into the sector.
Among the highlights announced at the forum was a private-sector investment opportunity to develop a new sports city in Dammam. The project carries a value of up to SAR 1 billion, equivalent to roughly USD 266–267 million.
The forum brought together investors and industry stakeholders to explore opportunities across the growing sports sector, which has become a key focus area under national economic diversification plans. Officials presented the Dammam Sports City as one of several openings for the private sector to take part in building sports infrastructure across the country.
Why it matters
The expansion of the sports economy supports the Kingdom's goal of creating jobs, boosting local investment, and developing world-class facilities. For residents and communities in the Eastern Province, a new sports city in Dammam could mean expanded venues, training spaces, and sporting activities in the years ahead.
At this stage, no exact fees, prices, application steps, official channels, or validity periods for the Dammam sports-city opportunity have been confirmed. Interested investors and members of the public are advised to wait for further official details as the project develops.
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