Saudi Arabia Weighs World Cup 2030 Bid With Egypt, Greece

(Bloomberg) -- Saudi Arabia is considering making a joint bid to host the 2030 FIFA World Cup along with Egypt and Greece, according to Tourism Minister Ahmed Al Khateeb.

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“We are considering a bid with Greece and Egypt and we wish that it will be a winning bid,” Al Khateeb said in an interview in Riyadh. “Definitely the three countries would invest heavily in infrastructure and would definitely be ready. And I know by then Saudi Arabia would have state of the art stadiums and fanzones built.”

A Saudi bid to host the World Cup would add to the list of sporting events the world’s largest oil exporter is hosting as it looks to open up its economy to tourists and diversify away from a reliance on energy sales. It’s already secured the Asian Winter Games in 2029, an annual Formula 1 race, and several high profile boxing matches.

Saudi Arabia’s de facto ruler, Crown Prince Mohammed Bin Salman, attended the opening ceremony of the World Cup in Qatar last week alongside FIFA President Gianni Infantino, days after canceling a trip to major oil customer Japan. London’s Times newspaper said in September the kingdom would potentially make a joint bid with Egypt and Greece according to unnamed source.

--With assistance from Sarah Halls.

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