The Financial Times is spotlighting the fiscal and logistical pressures that come with Saudi’s task of hosting the 2034 World Cup. With eight new stadiums in the pipeline, including a futuristic clifftop venue, the tournament has become somewhat an “infrastructure deadline,” the FT said. With the 2027 Asian Cup and the 2029 Asian Winter Games also on the horizon, the stakes are high as delays in delivering venues and infrastructure could sully the Kingdom’s reputation as a global sporting hub and megatournament host.
More from Enterprise
Saudi banks’ deposits outpace lending in 2Q
Deposits grew 2.7% q-o-q while net loans and advances rose…
Nvidia targets USD 500 bn in third-party financing to fuel AI data center boom
The chipmaker is teaming up with Wall Street giants to…
Debt + money market funds draw inflows as Saudi main-market listings stall
The rotation comes as the CMA proposes rules to make…
Barq hits unicorn status with USD 329.5 mn Series A
The fintech player plans to use the funds to support…