Skip to content Skip to Search
Skip navigation

World Expo delegation visits Riyadh to assess 2030 bid

By Pramod Kumar
SPA
The BIE delegation met with finance minister Mohammed Al-Jadaan and reviewed the details of the kingdom’s financial support for the exhibition

A delegation from the Bureau International des Expositions (BIE) enquiry mission held the first workshop to assess Saudi Arabia’s bid to host the World Expo 2030 in Riyadh as part of the BIE’s procedures to select the hosting country.

The workshop discussed the kingdom’s Expo 2030 bid and the added value of hosting the high-profile global exhibition in Riyadh, state-owned SPA reported.

During the workshop, Fahd Al-Rasheed, CEO of the Royal Commission for Riyadh City, said that Riyadh has the potential to host an “exceptional version” of the World Expo.

The delegation also met with finance minister Mohammed Al-Jadaan and reviewed the details of the kingdom’s plan to financially support the expo.

Al-Jadaan stated that the kingdom had witnessed economic and financial reforms in line with the Saudi Vision 2030 programme.

South Korea’s Busan and Ukraine’s Odesa are also bidding to host the 2030 event, according to BIE.

Dubai hosted the 2020 World Expo, which was delayed a year as a result of the pandemic.

Latest articles

Architecture, Building, Cityscape

Rising freight costs impact Emirates Steel Arkan profit

Emirates Steel Arkan reported a net profit of AED128 million ($35 million) in the first quarter of 2024, down 16 percent year on year, due to elevated freight costs on the back of regional geopolitical challenges. Revenue at the Abu Dhabi-headquartered company for the three months to March 2023 fell 12.5 percent to AED2.1 billion […]

A declaration of intent to begin Cepa talks was signed by UAE minister of state for foreign trade Dr Thani bin Ahmed Al Zeyoudi and New Zealand trade minister Todd McClay

UAE and NZ in talks to build on non-oil trade

The UAE has agreed to start negotiations on a comprehensive economic partnership agreement (Cepa) with New Zealand as part of plans to boost the Gulf state’s foreign trade to AED4 trillion ($1.1 trillion) by 2031.  A joint declaration of intent confirming the agreement has been signed by Dr Thani bin Ahmed Al Zeyoudi and Todd […]

A FlyDubai Boeing 737 Max. The airline's CEO says Boeing is 'fantastic' but he has sent inspectors to the manufacturer's facilities

Boeing’s ‘negative issues’ are top concern for FlyDubai CEO

Escalating regional tensions and recent floods in Dubai have “not especially” affected FlyDubai’s operations, but the low-cost airline’s chief executive said he was closely monitoring US plane maker Boeing’s response to a string of safety scandals.  “We are definitely very concerned about the delays and all the negative issues that are in the pipeline or […]

A KFC outlet in a Dubai mall. It accounts for about two-thirds of Americana's sales, but has been hit by boycotts

Americana profit tumbles as Gaza boycotts hit sales

Americana Restaurants International’s revenue and profit fell again in the first quarter of this year as Mena diners continue to shun western brands in protest at the conflict in Gaza. Americana, which runs 2,456 fast-food outlets across the region, reported a 16.3 percent reduction in revenues year on year, to $493.5 million.  Net profit fell […]