This was the 11th event that WWE held in Saudi Arabia under a 10-year partnership in support of Saudi Vision 2030, thus marking the first King of the Ring event held outside of the United States. The event was originally scheduled to be held at the same location in May 2023, but plans were changed and it was replaced by Night of Champions. This was the first King of the Ring event since 2015, which was livestreamed exclusively on the WWE Network, the first to livestream on Peacock in the United States, the first to air on traditional PPV since 2002, and the first dedicated event for the Queen of the Ring tournament, which was originally established in 2021 as the Queen's Crown tournament. For the 2024 event, winners of each tournament received a world championship match at SummerSlam.