Saudi Arabian oil giant Aramco is to sponsor major events organised by cricket’s world governing body, the company said Friday, as the conservative kingdom took another big step into the global sports industry.
Saudi Aramco, one of the world’s richest companies, will sponsor the International Cricket Council’s upcoming men’s and women’s T20 World Cups and next year’s one-day World Cup in India under a partnership deal.
Aramco, which scored record profits as oil prices surged following Russia’s invasion of Ukraine, will also sponsor the World Test Championship final in Britain and player-of-the-match awards at all major tournaments.
