World Cup 2034 in Saudi Arabia: Major Transformations and New Horizons
Hanaa Khaleoui - Beth
The Kingdom of Saudi Arabia is preparing to host one of the largest global sporting events, the 2034 World Cup. This event represents an exceptional opportunity for Saudi Arabia not only to strengthen its position as a global sports destination but also to achieve a comprehensive transformation across various sectors. Saudi Arabia is undergoing significant changes in preparation for the 2034 World Cup. Undoubtedly, this event is not just a sports event; its impact will extend to multiple other fields, and its influence will last for many years, not just the specific year of the tournament. This will contribute to increased investment opportunities, enhanced tourism, diversification of national income sources, increased cultural and social interaction between nations, and most importantly, strengthening Saudi Arabia’s position as a global sports hub.
Media: From Infrastructure to Digital Broadcasting
There will be significant support for the development of local media to cover the event in a distinguished and competitive manner. This will involve enhancing technological infrastructure and developing human resources, including journalists, reporters, and program hosts. As a result, there will be a growing demand for digital content and social media coverage of the tournament, which will improve the role of digital media and increase interaction with the audience.
Tourism: A Leap Toward the Future
It is expected that the tourism sector will attract millions of visitors, and these visitors are anticipated to spend billions of dollars before and during the sports event, which will significantly grow the tourism sector. Additionally, hosting a global sporting event like the World Cup will help promote Saudi Arabia as a distinguished tourist destination, attracting more tourists even after the tournament. The tourism infrastructure, such as airports, public transport, and entertainment facilities, will be improved and developed to ensure an excellent experience for visitors. These improvements will remain after the event, benefiting the tourism sector in the long term.
Culture: Strengthening Identity and Unifying Peoples
Hosting the 2034 World Cup will provide an opportunity to showcase Saudi culture to the world and enhance cultural and social values within Saudi society. Since Saudi Arabia will host millions of visitors, this will create new opportunities for cultural exchange and interaction between different nations. This interaction will help develop Saudi society by stimulating cultural and social dialogue, encouraging positive values, attracting international attention to Saudi culture, and supporting its position on the global stage.
Real Estate: Growth and Prosperity
As the tournament approaches, there will be an increase in demand for real estate in host cities like Riyadh, Jeddah, Khobar, Abha, and Neom. This will lead to a rise in property prices in these areas, highlighting the role of the tournament in reshaping the real estate market. International investors will show more interest in the Saudi real estate market, which will lead to new investments and the development of residential and commercial projects targeting visitors and fans.
Economy: Unmissable Opportunities
Investing in infrastructure and services will create thousands of new jobs across various sectors, including construction, tourism, hospitality, transport, and security. These opportunities will reduce unemployment rates and boost the local economy. Local businesses will have significant opportunities to participate in World Cup-related projects, whether through providing logistical services, supplying materials and products, or participating in organizing events and activities. This will foster growth for local businesses. The GDP is expected to increase by 1-2% during the year of the tournament, and Saudi Arabia can achieve even higher growth due to its large and diverse economy.
Hosting the 2034 World Cup will enhance international confidence in the Saudi economy, attracting more investments and solidifying the Kingdom's position as an important economic destination. Overall, hosting the 2034 World Cup will have significant positive impacts on the Saudi economy through increased investments, job creation, and economic diversification.
Towards a Bright Future
The 2034 World Cup in Saudi Arabia is not just a sports event; it is a gateway to a world of economic, cultural, and social opportunities. It is an opportunity to showcase Saudi Arabia’s position on the global stage, strengthen cultural ties between nations, and create an environment conducive to innovation and growth. Thanks to this event, Saudi Arabia will contribute to building new bridges of cooperation and understanding, offering an unforgettable experience for millions of visitors from around the world. What we invest in today will bear fruit over the years, and the 2034 World Cup in Saudi Arabia will stand as a testament to the progress and creativity we can achieve together.
