Saudi Arabia's Public Investment Fund will become the first naming partner of the official WTA world rankings, after signing a "multi-year" contract.
The WTA has announced that Riyadh, Saudi Arabia will be hosting the next three editions of the WTA Finals.
Novak Djokovic and Rafael Nadal will be the star attractions at a new six-man tennis event set to be hosted in Saudi Arabia in October.
Saudi Arabia's ambassador to the United States was disappointed to hear Martina Navratilova and Chris Evert's concerns around hosting the WTA Finals in Riyadh.