Business of Sport Qatar may change dismantling plans for World Cup stadiums By Pramod Kumar October 17, 2022, 5:07 AM Fifa The dismantling of Stadium 974 (previously called Ras Abu Aboud Stadium) will take nearly 12 months With plans to bid to host more major events, such as the Olympics, Qatar may alter its plans to dismantle its stadiums after the World Cup, the Qatar Tribune reported, citing Mohamed Nabeel Al Atwaan, FM director, Stadium 974 Operations at the Supreme Committee for Delivery and Legacy. The dismantling of Stadium 974 (previously called Ras Abu Aboud Stadium) will take nearly 12 months, the official said, adding there are several international interests for the demountable stadium. The final decision has not been made, and discussions with FIFA and the government are ongoing, with plans to reach a firm decision after the World Cup, Al Atwaan said. The legacy plans may change as Qatar bids for tournaments such as the AFC Asian Cup 2023. Qatar won the bid to host the 2030 Asian Games, so it is not yet decided when the dismantling process will begin, he added. The unique 40,000-seat Stadium 974 was designed and built with 974 recycled shipping containers. The materials produced will then be reused in other construction projects in less-developed countries. The site will be repurposed as a waterfront development, making it the first temporary venue in World Cup history. Stadium 974 will host six group matches and a round of 16 matches, with Mexico and Poland set to play the first game on November 22. The official said that Lusail Stadium, which will host the FIFA World Cup Qatar 2022 final and other matches, will be converted into a non-sporting facility, with several components suitable for the Lusail City master plan.
Infrastructure Etihad Rail train to link Abu Dhabi and Dubai in 30 minutes Authorities from Abu Dhabi and Dubai formally unveiled plans on Thursday for a high-speed passenger rail link that will reduce travel between the two cities to 30 minutes. Spearheaded by Etihad Rail, the train service will reach speeds of up to 350km/h, and “pass through key strategic destinations and tourist attractions”, an Abu Dhabi media […] 8 hours ago
Aviation Saudi budget airline Flynas expects IPO approval soon Saudi low-cost carrier Flynas is likely to get approval soon from the market regulator for its planned listing on the Riyadh stock exchange. Talal Al Maiman, CEO of the airline’s part-owner Kingdom Holding, said in an interview with Al Arabiya TV at the World Economic Forum that Flynas planned to list 30 percent of its […] 10 hours ago
Artificial Intelligence MGX could use Trump deal as springboard to global stage UAE technology investment company MGX emerged on to the global stage this week when it was announced as one of the core backers of Donald Trump’s $500 billion Stargate artificial intelligence programme. Among the myriad announcements made in the opening days of Trump’s second stint as US president, was a $500-billion investment over four years […] 10 hours ago
Economy Turkey cuts interest rate by 250 basis points Turkey’s central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue. The central bank indicated it would continue to ease policy in the months ahead, noting that it anticipated a rise in trend inflation in January, […] 11 hours ago