EMerging Equity
World Cup
Russia, Qatar May Lose Rights To Host World Cup If Evidence Of Bribery Found
Russia and Qatar could be stripped of their rights to host the World Cup if evidence of bribery in the bidding process is found, said Domenico Scala, the independent chairman of FIFA’s audit and compliance committee, during an interview published on Sunday by Swiss newspaper Sonntagszeitung. Both countries have denied any wrongdoing in their bidding processes and Scala … Continue reading
Red Card For FDI In Qatar?
By Sam Doo Within the tumultuous geopolitics of the Middle East, Qatar stands as an oasis of relative calm. Thanks to a stable government, vast oil reserves, and favorable investment climate, FDI has been pouring into the country. In 2010, Qatar reached another milestone in announcing itself to the world by securing the right to … Continue reading
Russia: Losing The 2018 World Cup Could Have A Positive Impact On The Economy
Russia’s plan of hosting the 2018 FIFA World Cup could be in jeopardy after the president of soccer’s international governing body, Joseph “Sepp” Blatter, announced on Tuesday that he would resign. “Bank of America Merrill Lynch’s Vladimir Osakovskiy estimated that the total cost of the event would pump around $50 billion in to the economy,” Business Insider reports. The … Continue reading
Qatar Reforms Budget Policy, Pushes Back Fiscal Year End
Qatar’s emir, Sheikh Tamim bin Hamad Al -Thani, issued a law Tuesday on the financial system of the State that will push back the end of fiscal year 2014/2015 for the General State budget to December 31 from March 31, the official Qatar News Agency reports. The new financial system law will also give additional power to the … Continue reading
Qatar At A Crossroads: Reform Labour Laws Or Risk Revived Calls For Relocating The World Cup
By James M. Dorsey Qatar, caught in a Catch-22 between a requirement to quickly reform its labour system in a bid to convince human rights and trade union activists that it is serious and the need domestically to proceed slowly, risks losing goodwill it has built in recent years that could further fuel demands to … Continue reading
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