Saudi Arabia has taken another step towards establishing itself as a global sporting destination after the Saudi Arabian Cricket Federation (SACF) and the Pakistan Cricket Board (PCB) signed a strategic memorandum of understanding (MoU) to develop an international cricket stadium in Jeddah.
African Export-import Bank (Afreximbank) has extended a $36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Uganda.