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FINANCIAL NEWS
UAE’s GDP gains USD40m from IPL 2014
26 Apr 2015
(MENAFN) The United Arab Emirates Growth Domestic Product (GDP) gained a total sum of about USD40 million from the twenty Indian Premier League (IPL) cricket games played in the gulf country, Arabian Business reported.
The twenty matches were played in the first six months of 2014; they accumulated a total attendance of more than 250k, according to the Indo-Asian News service’s report, which collected the data from the Board of Control for Cricket in India (BCCI).
“BCCI’s wish was to play as much as possible of the 2014 Pepsi IPL season at home. Once it was clear that we needed to shift the first 20 matches out of India, the Emirates Cricket Board and the three stadiums in the UAE worked tirelessly to relocate these matches to the UAE,” BCCI secretary said.
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