Saudi Arabia grants $1bn to build Iraq ‘sports city’



Linkedin Twitter

Sports City with flags of Saudi Arabia and Iraq below Image: MJR Group Ltd. / Coliseum

Saudi Arabia’s King Salman bin Abdulaziz has granted $1 billion to Iraq to build a new sports city and open four consulates, according to media reports.

The announcement followed the arrival in Baghdad of a delegation led by Saudi Trade Minister Majid Al Kassabi for the second meeting of the Saudi-Iraqi Co-ordination Council, Abu Dhabi-based The National newspaper reported.

Iraq’s Oil Minister, Thamer Al Ghadhban, said the sports city would be located in Baghdad.

Riyadh has been courting Baghdad in efforts to boost economic and trade ties and fend off Tehran’s influence in the region. In March 2018, then-Iraqi Prime Minister Haider Al-Abadi said that Saudi Arabia will fund the construction of a 100,000 capacity sports stadium in Baghdad, Arabian Business reported.

“[King Salman]…offered Saudi Arabia’s contribution to build a main stadium in Iraq that accommodates 100,000 people. We have welcomed the initiative and it was proposed today to the Cabinet,” Abadi said at the time.

At the time, the Iraqi Cabinet was instructed to set up a task force to build the stadium, which will eclipse the 65,000 capacity stadium as Basra Sports City. The new stadium was reported to be part of an “integrated spots city”, although no details were divulged.

The Iraqi project follows Saudi Arabia launching its own large scale entertainment projects worth Dh86 billion last month.

Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.

Coliseum facilitates a dialogue between stadiums, arenas, clubs, leagues and experts and enables them to learn from each other while establishing relationships. Coliseum’s digital 365Coliseum Business Center is a vast pool of resource for the stadium and arena industry world-wide.

Watch 150 member-exclusive videos with valuable tips for your venue



« Previous News:
» Next News:


More News

China cancels Asian Cup 2023

COVID make mincemeat of China sport calendar

Published: May 17th, 2022

China will no longer host the 2023 Asian Cup finals due to the COVID-19 situation in the country,... » Read more

Villareal CF new stadium

Villarreal CF ambitious venue makeover plans

Published: May 17th, 2022

The LaLiga club Villarreal CF (Spain) presented refurbishment plans of its residence on May 11th... » Read more

NHL Global Series Challenge Germany 2022

2022 NHL Global Series Challenge™ fixtures

Published: May 17th, 2022

The National Hockey League’s (US) San Jose Sharks are headed to Germany for the 2022 NHL Global... » Read more

World Rugby host locations announced

World Rugby ‘game-changer’ strategic plan

Published: May 17th, 2022

The World Rugby has confirmed the locations for the next three women’s and two men’s Rugby... » Read more


Receive global sports venue NEWS twice a week in your inbox