Joshua, 31, holds the WBA, WBO, and IBF belts, while Fury, 32, is the WBC champion.
In a video posted to Twitter, Fury said: 'I have got some massive news. I have just got off the phone with Prince Khalid of Saudi Arabia and he told me this fight is 100 percent on, August 14.
'All eyes of the world will be on the Kingdom of Saudi Arabia. 'I cannot wait, I repeat, cannot wait to smash Anthony Joshua on the biggest stage of all time.
'This is going to be the biggest sporting event ever to grace the planet Earth. Do not miss it.'
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