IBOV 172,812.43 ▼ 0.32% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.08▼ 0.30% USD/MXN17.39▼ 0.24% USD/CLP932.44▼ 0.22% USD/COP3,239▼ 0.90% USD/PEN3.40▲ 0.14% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.12% BRENT 91.02 ▲ 2.02% WTI 84.20 ▲ 1.17% IRON ORE 161.91 — — COPPER 6.55 ▲ 4.02% GOLD 4,081 ▲ 1.77% SILVER 59.28 ▲ 4.36% SOY 1,224 ▼ 0.18% CORN 475.00 ▲ 5.67% WHEAT 672.00 ▼ 0.30% COFFEE 321.90 ▼ 3.74% SUGAR 14.95 ▲ 0.88% ORANGE JUICE 147.20 ▼ 0.14% COTTON 80.03 ▲ 3.44% COCOA 5,578 ▲ 1.05% BEEF 222.68 ▼ 1.70% CATTLE 344.00 ▼ 2.27% LITHIUM 69.29 ▲ 3.54% PETR4 41.60 ▲ 1.09% VALE3 72.33 ▲ 0.56% ITUB4 42.40 ▲ 0.24% BBDC4 18.42 ▲ 0.05% ABEV3 15.82 ▲ 0.19% BBAS3 20.51 ▲ 1.69% B3SA3 14.97 ▼ 1.90% WEGE3 42.84 ▼ 0.67% PRIO3 58.60 ▲ 1.58% SUZB3 41.92 ▲ 0.07% RENT3 36.68 ▼ 2.16% AZZA3 17.76 ▼ 2.26% CSAN3 3.78 ▼ 1.05% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 5.77% GMAT3 3.81 ▼ 1.04% PSSA3 53.34 ▼ 1.59% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.66 ▲ 0.66% NATU3 8.69 ▲ 0.70% BRKM5 5.94 — 0.00% RANI3 7.88 ▼ 1.38% CSNA3 5.10 ▲ 0.59% CMIN3 5.47 ▲ 1.48% USIM5 8.30 ▲ 1.72% GGBR4 23.65 ▲ 0.13% ENEV3 25.29 ▼ 1.40% CPFE3 46.29 ▼ 0.06% CMIG4 10.99 ▼ 0.27% EQTL3 38.37 ▼ 2.34% LREN3 13.18 ▼ 0.98% VIVT3 35.52 ▼ 0.42% RAIL3 13.30 ▼ 1.99% KLABIN 17.46 ▼ 0.11% RAIA DROGASIL 18.38 ▼ 1.66% RDOR3 33.31 ▼ 6.04% HAPV3 11.19 ▼ 3.12% FLRY3 16.36 ▼ 1.21% SMTO3 15.40 ▼ 0.06% UGPA3 31.40 ▼ 0.95% VBBR3 33.40 ▼ 2.08% BBSE3 41.04 ▼ 0.02% BPAC11 55.39 ▼ 0.81% CURY3 29.56 ▼ 2.09% AERI3 2.04 ▼ 1.45% VIVARA 21.38 ▼ 2.64% COMPASS 24.35 ▼ 1.02% VAMOS 3.12 ▲ 0.97% SANB11 27.36 ▲ 1.30% ASAI3 8.18 ▲ 0.49% SBSP3 28.39 ▼ 2.04% WALMEX 49.31 ▼ 0.14% GMEXICO 205.00 ▲ 2.08% FEMSA 227.71 ▲ 0.33% CEMEX 21.96 ▲ 0.37% GFNORTE 183.49 ▲ 1.94% BIMBO 59.31 ▼ 0.32% TELEVISA 9.83 ▲ 1.24% AMX 22.70 ▼ 0.18% GAP 379.99 ▲ 0.48% ASUR 272.93 ▼ 0.52% OMA 225.63 ▼ 0.36% KOF 181.42 ▲ 0.34% GRUMA 287.25 ▼ 0.12% KIMBER 38.06 ▼ 0.86% SQM-B 64,134 ▲ 1.60% COPEC 6,374 ▲ 2.80% BSANTANDER 78.71 ▲ 3.44% FALABELLA 5,881 ▲ 0.11% ENELAM 84.85 ▲ 0.88% CENCOSUD 2,015 ▲ 1.00% CMPC 1,082 ▲ 1.48% BANCO CHILE 189.99 ▲ 1.88% LATAM AIR 24.51 ▲ 0.41% YPF 80,550 ▲ 1.70% GGAL 7,985 ▲ 1.78% PAMPA 5,440 ▲ 3.23% TXAR 666.00 ▼ 0.67% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,328 ▲ 1.70% MIRGOR 16,900 ▼ 1.31% COME 43.25 ▲ 0.70% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.68 ▲ 4.05% BANCOLOMBIA 82.48 ▲ 2.05% GRUPO AVAL 4.98 ▲ 0.61% CREDICORP 394.91 ▲ 2.08% SOUTHERN COPPER 184.44 ▲ 5.35% BUENAVENTURA 31.05 ▲ 3.29% MERCADOLIBRE 1,809 ▼ 1.30% NUBANK 14.20 ▲ 1.50% XP 16.62 ▼ 1.10% PAGSEGURO 9.44 ▲ 1.56% STONE 11.12 — 0.00% GLOBANT 32.28 ▼ 0.03% TECNOGLASS 45.61 ▼ 1.08% GAP AIRPORT 217.57 ▲ 0.21% ASUR 272.93 ▼ 0.52% OMA AIRPORT 103.76 ▼ 0.24% AMX ADR 26.06 ▼ 0.15% FEMSA ADR 131.17 ▲ 0.89% CEMEX ADR 12.62 ▲ 1.04% PETROBRAS ADR 18.42 ▲ 1.24% VALE ADR 14.23 ▲ 0.89% ITAU ADR 8.35 ▲ 0.36% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.10 ▲ 0.61% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.50 ▲ 1.47% BTC 66,534 ▲ 2.00% ETH 1,927 ▲ 1.21% SOL 77.97 ▲ 0.23% XRP 1.15 ▲ 3.61% BNB 575.05 ▲ 0.76% ADA 0.17 ▲ 2.72% DOGE 0.07 ▲ 1.62% AVAX 6.62 ▲ 0.67% LINK 8.68 ▲ 1.09% DOT 0.85 ▲ 3.13% LTC 47.72 ▲ 0.81% BCH 225.33 ▲ 2.47% TRX 0.33 ▲ 0.61% XLM 0.19 ▲ 2.61% HBAR 0.07 ▲ 2.80% NEAR 1.95 ▼ 1.50% ATOM 1.49 ▼ 0.14% AAVE 95.99 ▲ 6.92% SELIC 14.25% EMBRAER 83.11 ▼ 0.22% EMBRAER ADR 65.39 ▼ 0.82% JBS 11.85 ▼ 1.54% JBS BDR 60.07 ▼ 1.18% MBRF3 15.21 ▲ 4.75% MBRFY 2.96 ▲ 1.72% INTER 5.56 ▼ 1.16% IBOV 172,812.43 ▼ 0.32% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.08 ▼ 0.30% USD/MXN 17.39 ▼ 0.24% USD/CLP 932.44 ▼ 0.22% USD/COP 3,239 ▼ 0.90% USD/PEN 3.40 ▲ 0.14% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.12% BRENT 91.02 ▲ 2.02% WTI 84.20 ▲ 1.17% IRON ORE 161.91 — — COPPER 6.55 ▲ 4.02% GOLD 4,081 ▲ 1.77% SILVER 59.28 ▲ 4.36% SOY 1,224 ▼ 0.18% CORN 475.00 ▲ 5.67% WHEAT 672.00 ▼ 0.30% COFFEE 321.90 ▼ 3.74% SUGAR 14.95 ▲ 0.88% ORANGE JUICE 147.20 ▼ 0.14% COTTON 80.03 ▲ 3.44% COCOA 5,578 ▲ 1.05% BEEF 222.68 ▼ 1.70% CATTLE 344.00 ▼ 2.27% LITHIUM 69.29 ▲ 3.54% PETR4 41.60 ▲ 1.09% VALE3 72.33 ▲ 0.56% ITUB4 42.40 ▲ 0.24% BBDC4 18.42 ▲ 0.05% ABEV3 15.82 ▲ 0.19% BBAS3 20.51 ▲ 1.69% B3SA3 14.97 ▼ 1.90% WEGE3 42.84 ▼ 0.67% PRIO3 58.60 ▲ 1.58% SUZB3 41.92 ▲ 0.07% RENT3 36.68 ▼ 2.16% AZZA3 17.76 ▼ 2.26% CSAN3 3.78 ▼ 1.05% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 ▲ 5.77% GMAT3 3.81 ▼ 1.04% PSSA3 53.34 ▼ 1.59% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.66 ▲ 0.66% NATU3 8.69 ▲ 0.70% BRKM5 5.94 — 0.00% RANI3 7.88 ▼ 1.38% CSNA3 5.10 ▲ 0.59% CMIN3 5.47 ▲ 1.48% USIM5 8.30 ▲ 1.72% GGBR4 23.65 ▲ 0.13% ENEV3 25.29 ▼ 1.40% CPFE3 46.29 ▼ 0.06% CMIG4 10.99 ▼ 0.27% EQTL3 38.37 ▼ 2.34% LREN3 13.18 ▼ 0.98% VIVT3 35.52 ▼ 0.42% RAIL3 13.30 ▼ 1.99% KLABIN 17.46 ▼ 0.11% RAIA DROGASIL 18.38 ▼ 1.66% RDOR3 33.31 ▼ 6.04% HAPV3 11.19 ▼ 3.12% FLRY3 16.36 ▼ 1.21% SMTO3 15.40 ▼ 0.06% UGPA3 31.40 ▼ 0.95% VBBR3 33.40 ▼ 2.08% BBSE3 41.04 ▼ 0.02% BPAC11 55.39 ▼ 0.81% CURY3 29.56 ▼ 2.09% AERI3 2.04 ▼ 1.45% VIVARA 21.38 ▼ 2.64% COMPASS 24.35 ▼ 1.02% VAMOS 3.12 ▲ 0.97% SANB11 27.36 ▲ 1.30% ASAI3 8.18 ▲ 0.49% SBSP3 28.39 ▼ 2.04% WALMEX 49.31 ▼ 0.14% GMEXICO 205.00 ▲ 2.08% FEMSA 227.71 ▲ 0.33% CEMEX 21.96 ▲ 0.37% GFNORTE 183.49 ▲ 1.94% BIMBO 59.31 ▼ 0.32% TELEVISA 9.83 ▲ 1.24% AMX 22.70 ▼ 0.18% GAP 379.99 ▲ 0.48% ASUR 272.93 ▼ 0.52% OMA 225.63 ▼ 0.36% KOF 181.42 ▲ 0.34% GRUMA 287.25 ▼ 0.12% KIMBER 38.06 ▼ 0.86% SQM-B 64,134 ▲ 1.60% COPEC 6,374 ▲ 2.80% BSANTANDER 78.71 ▲ 3.44% FALABELLA 5,881 ▲ 0.11% ENELAM 84.85 ▲ 0.88% CENCOSUD 2,015 ▲ 1.00% CMPC 1,082 ▲ 1.48% BANCO CHILE 189.99 ▲ 1.88% LATAM AIR 24.51 ▲ 0.41% YPF 80,550 ▲ 1.70% GGAL 7,985 ▲ 1.78% PAMPA 5,440 ▲ 3.23% TXAR 666.00 ▼ 0.67% ALUAR 967.50 ▲ 0.83% TGS 9,625 ▲ 1.32% CEPU 2,328 ▲ 1.70% MIRGOR 16,900 ▼ 1.31% COME 43.25 ▲ 0.70% LOMA NEGRA 3,640 ▲ 1.89% BYMA 293.75 — 0.00% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.68 ▲ 4.05% BANCOLOMBIA 82.48 ▲ 2.05% GRUPO AVAL 4.98 ▲ 0.61% CREDICORP 394.91 ▲ 2.08% SOUTHERN COPPER 184.44 ▲ 5.35% BUENAVENTURA 31.05 ▲ 3.29% MERCADOLIBRE 1,809 ▼ 1.30% NUBANK 14.20 ▲ 1.50% XP 16.62 ▼ 1.10% PAGSEGURO 9.44 ▲ 1.56% STONE 11.12 — 0.00% GLOBANT 32.28 ▼ 0.03% TECNOGLASS 45.61 ▼ 1.08% GAP AIRPORT 217.57 ▲ 0.21% ASUR 272.93 ▼ 0.52% OMA AIRPORT 103.76 ▼ 0.24% AMX ADR 26.06 ▼ 0.15% FEMSA ADR 131.17 ▲ 0.89% CEMEX ADR 12.62 ▲ 1.04% PETROBRAS ADR 18.42 ▲ 1.24% VALE ADR 14.23 ▲ 0.89% ITAU ADR 8.35 ▲ 0.36% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.10 ▲ 0.61% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.50 ▲ 1.47% BTC 66,534 ▲ 2.00% ETH 1,927 ▲ 1.21% SOL 77.97 ▲ 0.23% XRP 1.15 ▲ 3.61% BNB 575.05 ▲ 0.76% ADA 0.17 ▲ 2.72% DOGE 0.07 ▲ 1.62% AVAX 6.62 ▲ 0.67% LINK 8.68 ▲ 1.09% DOT 0.85 ▲ 3.13% LTC 47.72 ▲ 0.81% BCH 225.33 ▲ 2.47% TRX 0.33 ▲ 0.61% XLM 0.19 ▲ 2.61% HBAR 0.07 ▲ 2.80% NEAR 1.95 ▼ 1.50% ATOM 1.49 ▼ 0.14% AAVE 95.99 ▲ 6.92% SELIC 14.25% EMBRAER 83.11 ▼ 0.22% EMBRAER ADR 65.39 ▼ 0.82% JBS 11.85 ▼ 1.54% JBS BDR 60.07 ▼ 1.18% MBRF3 15.21 ▲ 4.75% MBRFY 2.96 ▲ 1.72% INTER 5.56 ▼ 1.16%
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Tuesday, July 21, 2026

Middle East Pacific

Saudi Arabia Eyes 2034 World Cup

By · October 6, 2023 · 2 min read

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Saudi Arabia recently announced its bid to host the 2034 FIFA World Cup.

This news came right after FIFA decided the 2030 games will celebrate the event’s 100th year and span multiple continents.

Asian countries are rallying behind Saudi Arabia. Notably, Qatar and the United Arab Emirates are on board.

Furthermore, the head of the Asian Football Confederation, Shaikh Salman, supports the bid.

Yasser Al Misehal, who leads Saudi Arabia’s Football Federation, said it’s the right time for the nation to host.

He says the bid stems from a love for the sport and a wish to see it grow worldwide.

Saudi Arabia Eyes 2034 World Cup - A new stadium in Saudia Arabia. (Photo Internet reproducdtion)
Saudi Arabia Eyes 2034 World Cup – The King Abdullah Sports City Stadium (Photo Internet reproduction)
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So far, only Australia has also shown interest in hosting. Like Saudi Arabia, Australia is a member of the Asian Football Confederation.

According to FIFA’s deadline, countries have until the end of October to express their interest.

Globally, we see a move to diversify hosting locations. For instance, the 2026 World Cup will be in the U.S., Canada, and Mexico.

In 2030, games will span three continents. Clearly, FIFA aims for global inclusivity.

Locally, Saudi Arabia has invested heavily in sports. It has hosted boxing matches, Formula 1 races, and more.

The idea is to diversify the economy and shift away from oil dependency. The World Cup could solidify this transformation.

Background World Cup 2024

Saudi Arabia presents a contrasting narrative compared to Australia, the only contender.

Australia boasts of a strong sporting culture but has never hosted a World Cup.

Meanwhile, Saudi Arabia aims to break new ground in a region less renowned for soccer.

Asia itself is a hotspot for football’s growth. China’s big investments in the sport are well-known.

Hence, an Asian host like Saudi Arabia might catalyze the sport’s growth in the entire continent.

Australia’s potential hosting also comes with geopolitical implications. Hosting could strengthen Australia’s ties with Asia.

Yet, the Saudi bid could serve as a milestone for Middle Eastern sports and politics.

Saudi Arabia’s human rights record could be a stumbling block, just as Qatar faced scrutiny for the 2022 World Cup.

Nonetheless, FIFA’s decision will reflect broader objectives, including the diversification of host countries and the global growth of soccer.

In summary, the Saudi bid is more than just a sporting event. It’s a statement of national ambition, both within Saudi Arabia and on the global stage.

It offers a case study in sports diplomacy, economics, and regional pride.

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