AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)

PARIS: The Saudi capital Riyadh on Tuesday won the right to host the 2030 World Expo, easily defeating rival bids from Italy and South Korea as well as overcoming objections from rights activists.

Needing only one round of voting and securing the necessary two-thirds majority of member states at the general assembly of organisers Bureau International des Expositions (BIE) in Paris, Riyadh won 119 votes, South Korea’s Busan 29 and Italian capital Rome 17, the BIE said.

Hosting the Expo is of immense importance for Saudi Arabia, whose bid was spearheaded by Saudi Crown Prince Mohammed bin Salman, known as MBS, as he seeks to secure the world’s top events to showcase the kingdom across the globe.

The kingdom is also set to host the 2034 football World Cup after emerging as the only bidder for the event.

The date of 2030 is hugely symbolic for Saudi, coinciding with the key milestone in the Vision 2030 programme of MBS to diversify Saudi Arabia economically and culturally.

The Riyadh Expo is set to take place from October 2030 to March 2031 on the theme “The Era of Change: Together for a Foresighted Tomorrow”, according to the Saudi bid.

But many rights groups had expressed dismay over Saudi Arabia winning the bid, arguing that MBS’s glitzy reform drives hide a reality where dissidents are imprisoned and executions rampant.

Concern over Saudi’s rights record under MBS has always been symbolised by the 2018 murder of dissident journalist Jamal Khashoggi in the Saudi consulate in Istanbul.

But Saudi Foreign Minister Prince Faisal bin Farhan in his final presentation pledged an “unwavering commitment to collaborate with all nations to deliver an Expo built by the world for the world”.

“As we work diligently to grow and transform our economy we believe the kingdom’s progress, regional development and the health of the global economy will advance in lockstep,” he said.

Comments

Comments are closed.