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
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
By Mahdi Darius Nazemroaya There is no question that there is a lot of corruption inside Fédération Internationale de Football Association (FIFA). Bribes and behind the scene deals have been going on for decades. The sport federation is responsible for the most watched and popular sport in the world and is part of a lucrative business … Continue reading
Qatar’s plan of hosting the 2022 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. According to U.K. bookmaker William Hill, the odds on Qatar losing the rights to the most-watched sporting event in the world were slashed to 5-4 from 5-1 on … Continue reading
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