Alpha Jossor Investments and Blockchain Sports Ecosystem Team Up to Develop a $3.3 Billion Sports and Entertainment Complex

Blockchain Sports Ecosystem, a UK-based technology company headed by Dmitry Saksonov, has entered into a Memorandum of Understanding (MoU) with Saudi Arabia’s Alpha Jossor Investments, led by Chairman Abdulrahman Al-Qarni. This strategic collaboration aims to create one of the most advanced sports complexes in the MENA region, with plans to attract $3.3 billion in investments into the sports and entertainment sectors.

The MoU includes the launch of a digital real estate platform for the management, buying, and selling of digital properties. Additionally, a football academy project with a $1.6 billion investment is part of the private development plans.

Faisal Janahi, CEO of Alpha Jossor Investments, emphasized that the partnership aligns with their goal of bringing global expertise to Saudi Arabia and creating sustainable, high-impact investments. He noted that this innovative sports hub will help boost tourism and attract foreign investments, particularly as the region gears up for major global sports events.

Source: WAYA