His Royal Highness (“HRH”) Prince Nawaf Bin Faisal, Chairman of the Sports Federation of Islamic Solidarity signed a memorandum of understanding (“MOU”) with the Managing Director of MEFIC. “His Royal Highness Prince Nawaf Bin Faisal, Chairman of the Sports Federation of Islamic Solidarity signed a memorandum of understanding with MEFIC’s Managing Director to structure and develop SPORT INVESTMENT FUND related to member countries of the Sports Federations of Islamic Solidarity, to participate in the events of the Sports Federation of Islamic Solidarity. (MEFIC) aims through this fund to support the activities, events and tournaments organized by the Member States of the Federation, locally, regionally and in the Islamic countries.”