Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
World Cup announcement sends Qatari stocks soaring
AFP, December 7th, 2010 12:45AM

MOST READ
TAGS:  world cup 2022

MOST COMMENTED

Qatar's selection as host of the 2022 World Cup sent the Qatari stock market index soaring on Sunday, the first trading day after FIFA selected the Gulf state as the host. The Qatar 2022 bid called for billions of dollars of investment in stadiums and other sports facilities, hotels, a transportation network and other infrastructure.

The Qatar Exchange index closed up 3.57 percent after opening up more than 7 percent. Real estate firm Barwa closed up 6.19 percent, while National Cement shot up 8.47 percent.

"There are huge sums of money that Qatar has pledged to spend within a set period of time. This helps investors to expect the direction of capital flows during the next 10 years," said Taha Abdel Ghani, general manager of Nama Economic Consulting.

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Xavi: I Want to be Like Pep     
In an interview with Spanish paper El Pais, Barcelona midfielder Xavi reveals that he wants to ...
Report: Odegaard to Sign for Bayern Munich    
Norwegian wonderkid Martin Odegaard turned 16 on Wednesday, and reports in Germany claim that the Stromsgodset ...
Report: Falcao Wants to Stay, United Unsure    
In an interview with the Guardian, Radamel Falcao says he wants to stay at Manchester United, ...
Real Coasts into Club World Cup Final     
Sergio Ramos, Karim Benzema, Gareth Bale and Isco bagged the goals as Real Madrid coasted into ...
Mourinho Hails Fabregas as Blues Cruise into Semis    
Jose Mourinho singled out Cesc Fabregas for praise following the Spanish midfielder's man-of-the-match performance in Chelsea's ...
Howard Amends Book Following Friedel Dispute    
USA No. 1 Tim Howard accepts that Brad Friedel did not try to block his move ...
Saints Lose Fifth Straight     
Southampton lost its fifth-straight game in all competitions on Tuesday as League One side Sheffied United ...
Ander Herrera: I Have Never Fixed Games     
Manchester United midfielder Ander Herrera insists that he has never been involved in game-fixing after he ...
Roma Fury at Fine, Garcia Ban     
AS Roma on Monday was fined 20,000 euros ($25,000) and its coach Rudi Garcia was banned ...
Report: Actual Cost of Suarez's Barca Move: $315 Million     
Luis Suarez's move from Liverpool to Barcelona last summer topped Goal.com's 2014 Goal Transfer List study, ...
>> Section 2 Around the Net Archives