News - Saudi Arabia capital Riyadh wins right to host Expo 2030 world fair

The Saudi Arabian capital of Riyadh won the right to host the Expo 2030 world fair, vote results showed on Tuesday, Reuters reported. South Korea's port city of Busan and Rome in Italy were also in the running to host this five-yearly event. Riyadh won 119 votes, Busan 29 and Rome 17, results from 182 members of the Paris-based Bureau International des Expositions (BIE) showed. Saudi Arabia needed two-thirds of the votes to win from the first round. The Italian contestants were scathing in their disappointment. "This huge result for Saudi was unexpected in those proportions," Giampiero Massolo, head of the Italian Expo bid, told reporters. "It is no longer about the merits, but about transactions.” However, South Korean President Yoon Suk Yeol congratulated Saudi Arabia for winning the bid, calling the Gulf state "a key partner," and adding that his nation would share the resources and experience gained to help Riyadh hold a successful event. Riyadh aims to host the event between October 2030 and March 2031. The win is the icing on the cake for de-facto ruler Crown Prince Mohammed bin Salman's ambitious Vision 2030 program, which aims to wean Saudi Arabia off its oil dependency.