Saudi Arabia bets 2034 World Cup will bring foreign investment, reduce reliance on debt Hosting the 2034 World Cup will give fresh impetus to Saudi Arabia’s economic diversification plans as tournament-linked construction and developments open new investment opportunities. Saudi Arabia
Saudi Arabia wins bid to host 2034 FIFA World Cup: What we know Saudi Arabia has poured billions into developing sporting infrastructure and buying up top global football talent as part of its Vision 2030 diversification strategy. Saudi Arabia
Saudi Dania Akeel’s Baja Cup win inspires Arab women in motorsports The Jeddah-born driver is the first Saudi woman to win that cup and among an increasing number of Arab women drivers to achieve success in the traditionally male-dominated sport in recent years. Saudi Arabia
After Ronaldo, Neymar scores $54 million penthouse in Dubai The Brazilian soccer player is the latest athlete to acquire property in the UAE’s largest city. United Arab Emirates
Saudi Public Investment Fund reports $11 billion loss for 2022 Saudi Arabia's sovereign wealth fund reports its assets have risen from $676 billion to about $778 billion in 2022 in a rare gesture of transparency for the Gulf. Saudi Arabia
Congress grills PGA Tour on relationship with Saudi Arabia’s LIV Golf US Senator Richard Blumenthal, who led the hearing on the deal between the Saudi Public Investment Fund and the US golf circuit, told Al-Monitor that many questions remain unanswered. Gulf
Qatar Investment Authority buys 5% of NBA's Washington Wizards owner It is the first investment by a sovereign wealth fund in a US sport and the latest move by a Gulf state to increase its influence in sports. Qatar
Saudi Arabia to launch new sports investment group: report The Financial Times report follows the merger between the Saudi-funded LIV Golf and the PGA Tour, but challenges remain as the kingdom eyes investment in golf, tennis and possibly American football. Gulf
Analysis After Saudi golf merger, will Qatar’s entry into NBA change US sports? The Qatari Investment Authority’s bid to purchase stakes in Washington’s professional basketball and hockey teams could boost Qatar’s image and influence in the United States and coincides with similar moves by Saudi Arabia. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Qatari royal could be overpaying by $3.16B for Manchester United The sale has reportedly been delayed because of disagreements between the six siblings of the Glazer family, the current owners of the British soccer club. Qatar
Bayern Munich, Qatar Airways end sponsorship deal after fan pressure Fans of the German soccer champions have long-criticized the deal over concerns of Qatar's alleged human rights violations. Qatar
Doha, Dubai ranked world’s top two cities for competitive job markets The United Arab Emirates was the only country to have two cities on the top 10 list with both Dubai and the country’s capital Abu Dhabi at fifth. Qatar
Qatar to buy stake in Washington Wizards, Capitals: reports The move follows the National Basketball Association allowing sovereign wealth funds to invest in teams and Saudi Arabia’s Public Investment Fund merging its LIV Golf league with the PGA Tour, demonstrating Gulf investors' interest in US sports. Gulf
N’golo Kante transfers to Saudi’s Al-Ittihad, soccer club confirms The 32-year-old Frenchman’s contract at Stamford Bridge expires at the end of June and he will join the Saudi side after on a three-year contract. Saudi Arabia
US Justice Department investigating Saudi LIV Golf-PGA Tour merger: reports The revelation follows action taken by some members of Congress in response to the Saudi sovereign wealth fund-backed golf league’s deal with the US-based PGA Tour. Gulf
Saudi soccer team secures N’Golo Kante move from Chelsea The transfer would mark an increasing Saudi influence in the world of sport, with Al-Ittihad recently buying French superstar Karim Benzema from Real Madrid. Saudi Arabia
