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16 Nov 2023

Middle Eastern Money Is Reshaping Global Sports Landscape

With their significant oil revenues, Saudi Arabia, Qatar, and the United Arab Emirates are investing heavily in global sports, from soccer to tennis. Evidence spans from Qatar hosting the men's soccer World Cup to potentially Saudi Arabia doing the same in 2034. Despite concerns over the nations' political issues, analysts expect this trend to amplify over the next two decades. [Source](https://www.semafor.com/newsletter/11/11/2023/semafor-flagship-weekend?utm_source=nowshare&utm_medium=flagship&utm_campaign=flagshipnumbered2#d)