Growth of the sports industry in Qatar and the GCC to be faster than elsewhere
It is expected that the sports industry in Qatar and the GCC will grow faster than elsewhere. A recent survey conducted by PwC painted a picture of the industry in Qatar, United Arab Emirates, Saudi Arabia and Bahrain.
The sports industry in the Middle East is expected to grow by 8.7% over the next three to five years while the global sports industry is expected to grow by 3% in the same time. The growth is related to the strong support by the governments in the region in a bid to diversify economies and can be attributed to the maturity of the countries.
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