logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. FIFA confirms Saudi Arabia as 2034 World Cup host

FIFA confirms Saudi Arabia as 2034 World Cup host

NOHA.GAD
Dec 12, 2024
The 211 FIFA Member Associations appointed Saudi Arabia as the host of FIFA World Cup 2034

Riyadh - Sharikat Mubasher: In a groundbreaking announcement that sent ripples through the global sports community, FIFA officially appointed Saudi Arabia as the host of World Cup 2034, a decision marking a significant milestone in the Kingdom's ambitious efforts to reshape its international image and elevate its status on the world stage.

All 211 FIFA Member Associations held a virtual Extraordinary FIFA Congress where they appointed Morocco, Portugal and Spain to host the FIFA World Cup 2030 and selected Saudi Arabia as the host of World Cup 2034.

According to FIFA, the appointment by acclamation of the hosts of the 2030 and 2034 editions of the FIFA World Cup concluded a thorough bidding process initiated in October 2023 following the unanimous proposal made by the FIFA Council and supported by all confederations.

Commenting on this historical announcement, FIFA President Gianni Infantino said: “The 2034 FIFA World Cup, the first of the new century, so to say, of World Cups, will be a spectacular event. What Saudi Arabia has put forward in their bid is absolutely incredible.”

“It's unique, Saudi Arabia, a country that's opening up to the world since a few years with an organization process which is fully on track and the FIFA World Cup will definitely be a catalyst there for social improvements and social change,” Infantino added.

Hosting the 2034 FIFA World Cup reflects the Kingdom’s efforts to establish its leading position as a global sports hub, demonstrating its progressive approach toward paving the way for a bright future in football.

Saudi Arabia officially submitted its bid in July under the slogan "Growing. Together", unveiling its ambitious plans to host the world’s first 48-team FIFA World Cup. The bid proposes matches across 15 stadiums in five host cities: Riyadh, Jeddah, Khobar, Abha, and NEOM, in addition to 10 other host locations across the Kingdom.

Tags

Saudi Arabia
FIFA World Cup 2034
FIFA
Football
FIFA World Cup 2030
Share

Attract clients with your ad

Start Now

Trending

Applied AI closes pre-Series B round to accelerate global expansion
MUBASHER
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
MUBASHER.SA
NEOPAY partners with Nymbl to enable Nymbl QX
MUBASHER
EdfaPay launches SoftPOS services after SAMA approval
MUBASHER.SA
Rawajeh Group acquires stake in Khwarizmi Holding
Riyadh - Sharikat Mubasher: Rawajeh Group, a leading real estate developer in Saudi Arabia, signed an investment agreement to acquire a stake in Khwarizmi Holding.This strategic partnership aims to promote growth and maximize sustainable value in the Saudi market, according to a recent statement by Rawajeh Group.The investment aligns with Rawajeh Group’s expansion strategy that focuses on investing in companies with mature corporate structures, clear operational capabilities, and a long-term vision for growth.    Khwarizmi Holding adopts an investment model that focuses on building long-term value by diversifying investment tools, including venture capital (VC), private equity (PE), and global real estate funds. This aligns with Rawajeh Group’s approach towards investing in entities capable of achieving balanced and sustainable growth.Aqeel Alrajhi, CEO of Rawajeh Group, stated that the investment reflects the group’s confidence in Khwarizmi Holding’s robust business model and its ability to manage specialized investments in private markets efficiently.For his part, Ibrahim Almojel, Founding Partner at Khwarizmi Holding, affirmed that the partnership will help the company accelerate the execution of its investment strategy that focuses on building specialized platforms in private markets and developing diverse investment products that meet the expectations of institutional investors.Moreover, this collaboration reflects the shared vision of both entities to build an investment ecosystem that is based on integration and added value.

Related News

Private Equities News
Calendar Icon
Jan 22, 2026
Applied AI closes pre-Series B round to accelerate global expansion
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
NEOPAY partners with Nymbl to enable Nymbl QX
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Rawajeh Group acquires stake in Khwarizmi Holding
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Trango Tech expands mobile app services across GCC
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Riyadh Air enters air freight with Riyadh Cargo
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
AviLease to add SAR 11 bn to Saudi GDP by 2030
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher