Riyadh – Sharikat Mubasher: Inter, the Italian professional football club, announced its official acquisition of the Saudi Arabian Ministry of Investment (MISA) commercial license.

The Milan-based club is formalizing its commitment to strategic expansion in Saudi Arabia with the acquisition of the MISA license, which is essential for any foreign company wishing to operate commercially in the country, according to a press release.

The commercial license was announced during a ceremony in Riyadh attended by Vice President Javier Zanetti, CEO Corporate Alessandro Antonello, and Chief Revenue Officer Luca Danovaro.

The club will benefit from the support of the Saudi Arabian Ministry of Investment (MISA) to further extend its brand presence in the Middle East and grow its fanbase.

At the same time, Inter will bring its expertise, values, and experience as a top-level football club to the country, supporting Saudi Arabia's national plan for 2030 (Vision 2030).

Through promoting talent and sports culture, the Nerazzurri Club aims to contribute positively to the country's future ambitions.

Through strategic partnerships, Inter will champion Italian values, tradition and style beyond sport, bringing to Saudi Arabia the entire Inter ecosystem with a project that will highlight the fusion of design, entertainment, wellness, and Inter’s historical legacy.

Commenting on this, Alessandro Antonello, CEO of Corporate FC Internazionale Milano said: “We’re extremely proud to be the first international football club to obtain the MISA license, which will allow us to collaborate with local businesses to bring our experience and expertise in sports development to the country, contributing to achieving the targets set out in Vision 2030. Through this license, the club is committed to creating value for Saudi Arabia by supporting the development of its sporting sector and promoting the involvement of local businesses as part of our global network.”