Amended Contractors Classification Law regulations set criteria for dividing major projects    Saudi Arabia emerges global leader in charitable and relief work with over SR528 billion in aid    20,882 violators of residency, border security, and labor laws arrested in a week    Saudi Arabia to head Arab Experts Group on Counter-Terrorism    Over 47,000 transport violations detected during 340,000 TGA inspections in August    Israel orders Gaza City evacuation, bombs high-rise towers    Modi welcomes Trump's remarks on India-US ties despite tariff tensions    British lawmakers urge boycott of Israeli President Herzog's visit    Saudi Arabia condemns Israeli calls for Palestinian displacement, backs Egypt's stance    Saudi Arabia's digital sector grows to 389,000 workers with record female participation    Riyadh Metro adjusts start time to 5:30 AM to serve commuters and students    Mike Tyson and Floyd Mayweather Jr. set to meet in exhibition boxing match in 2026    Gamers frustrated as Hollow Knight: Silksong crashes stores on launch    'My mother was my shelter and storm': Arundhati Roy on her fierce new memoir    HONOR to participate in Global Symposium for Regulators 2025 in Saudi Arabia    Restored Big Ben tower up for architecture award    NVIDIA GeForce RTX 50 Series laptops redefine learning, creating and gaming    Al Ahli secure Flamengo starlet Matheus Gonçalves in long-term deal through 2027    Al Hilal sign Turkish defender Yusuf Akcicek on €22m deal until 2029    Al Qadsiah sign German midfielder Julian Weigl to strengthen defensive midfield    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Commonwealth Games in doubt after host Victoria pulls out over budget blowouts
Published in The Saudi Gazette on 18 - 07 - 2023

The 2026 Commonwealth Games are in doubt after the Australian state of Victoria canceled its plans to host due to budget blowouts.
The Commonwealth Games Federation (CGF) struggled to find a host before Victoria volunteered in April 2022.
But the premier said the projected cost had now tripled and become "well and truly too much" for the state to bear.
CGF called the decision "hugely disappointing" and said it is "committed to finding a solution".
The Commonwealth Games have only ever been canceled during World War Two.
Victorian Premier Daniel Andrews on Tuesday said Victoria had been "happy to help out" when approached to host last year, but "not at any price".
Organizers had originally estimated the event -- hosted across cities including Geelong, Bendigo and Ballarat -- would cost A$2.6 billion (£1.4bn; $1.8bn) and the state government had billed it as a boost for the regions.
But now the 12-day tournament was expected to cost more than A$6 billion, Mr Andrews said, adding that the new figure was "more than twice the estimated economic benefit" it would bring to Victoria.
"I've made a lot of difficult calls, a lot of very difficult decisions in this job. This is not one of them," he told a press conference.
"That is all cost and no benefit."
The government will still complete the stadium upgrades it had promised ahead of the games, while using the money it is now saving on housing and tourism initiatives.
Andrew said the government had considered "every option" including moving the games to Melbourne, before informing CGF of their decision.
"Amicable and productive" meetings had occurred in London overnight, he added.
But in a statement on Tuesday, the governing body said they were blindsided by the decision.
"We are disappointed that we were only given eight hours' notice and that no consideration was given to discussing the situation to jointly find solutions," it said in a statement.
CGF said the estimate of A$6 billion is double the figure they were advised of at a board meeting last month, and that the increase in costs was due to the "unique regional delivery model" that Victoria chose for the games.
The government had made decisions to include more sports and changed plans for venues, often against the advice of the CGF and its Australian arm, all of which added "considerable expense", it said.
Victorian Opposition Leader John Pesutto said the decision is a "massive humiliation" for the state, and "hugely damaging" for its reputation as a global events leader.
The chief executive of Commonwealth Games Australia agreed, saying the cited cost blowout was a "gross exaggeration" and that it would try to find another Australian host for the 2026 games.
Australia has held the Commonwealth Games five times - including on the Gold Coast in 2018 and in the Victorian capital of Melbourne in 2006 - but all of the country's states on Tuesday ruled out picking up the event.
Organizers have had great difficulty finding viable tournament hosts in recent years.
The South African city of Durban was originally set to stage the 2022 games, but were stripped of hosting rights in 2017 after running into money troubles and missing key deadlines. Birmingham agreed to host nine months later.
CGF had originally hoped to name a host for the 2026 games in 2019, but several hopeful bidders withdrew from the process due to cost concerns, leaving it unable to lock in Victoria as the hosts until 2022. — BBC


Clic here to read the story from its source.