The head of Asia Rugby said the UAE, Saudi Arabia and Qatar are preparing a joint bid to host the 2035 or 2039 Rugby World Cup.
Qais Al Dhalai believes a joint Gulf bid would stage “the most successful event in the history of rugby” and that rugby should follow football's example of hosting the World Cup in multiple countries.
“As our leaders in the Gulf believe, nothing is impossible,” Al Dhalai told The Times newspaper. “I foresee this as something that might happen in 2035."
For the bid to be successful, World Rugby would need to ratify a multi-country bid for what would be only the second World Cup staged in Asia after Japan hosted the tournament in 2019.
The game's governing body would also most likely need to change its rules on allowing UAE, Saudi Arabia and Qatar to play at the World Cup as hosts. None of the three prospective hosts have ever participated at a Rugby World Cup. At 48, the UAE are the highest-ranked side of the three. Qatar are 87th while Saudi Arabia are unranked.
Every World Cup host has played at the Rugby World Cup since the first edition in 1987.
Al Dhalai, who is also vice president of the UAE Rugby Federation, has urged World Rugby to "think outside the box", saying the infrastructure and stadia are already in place in the three Gulf countries. Qatar successfully hosted the 2022 Fifa World Cup; Saudi Arabia will host it in 2034 and the UAE has for many years staged international sporting events.
“I don’t want to underestimate other bids, and I believe South Africa and other European countries might be interested as well, but if World Rugby worked hard on this with a solid plan it might happen in 2035," Al Dhalai told The Times newspaper.
“I’m in favour of a multi-city hosting model, not a single host. That’s proven to work in soccer. They have done it since 2002 when Japan and Korea hosted, and are doing it again in Mexico, USA and Canada in 2026, and then again with Spain, Morocco and Portugal in 2030. Why not rugby?
“A multi-host could be a successful story and a new model for rugby. UAE, Qatar, Saudi Arabia. Why not? The stadiums are ready there. It will be the most successful event in the history of rugby.”
Australia will host the next men’s World Cup in 2027, which will for the first time be expanded to 24 teams from 20, then will take the women’s tournament in 2029, with the United States following with men’s and women’s competitions in 2031 and 2033. The bidding process for the 2035 World Cup will start in the next two years.
Another issue for World Rugby to consider is moving the World Cup from the summer to winter to combat the extreme heat of the Gulf countries.
That would mean a major re-think of the rugby calendar, particularly in the northern hemisphere, as the Six Nations would start barely a month after the World Cup final if it remained in its usual February-March slot.
Al Dhalai believes any misgivings World Rugby has over awarding a Middle East World Cup can be overcome by the vast sums that could be unlocked by sponsorship and the backing of sovereign wealth funds and big corporations in the Gulf.
In 2009, the World Cup Sevens was held in Dubai, with a combined Arabian Gulf team represented by amateur players.
A new purpose built stadium for the event was built on Al Ain Road and following the years-long success of the Dubai Sevens, the International Rugby Board decided to pick the Arabian Gulf RFU as the host union.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Retail gloom
Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.
It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.
The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.
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