The decision to move the tournament out of Sri Lanka was taken due to the ongoing political turmoil in the island nation.
"The Asian Cricket Council (ACC) is eagerly looking forward to conducting its much-awaited Asia Cup tournament from August 27 th to September 11 th , 2022, as scheduled," a Asian Cricket Council statement said.
"However, considering the prevailing situation in Sri Lanka, the ACC after extensive deliberation has unanimously concluded that it would be appropriate to relocate the tournament from Sri Lanka to the UAE," it added.
Sri Lanka is going through one of its worst crisis with supplies of food and fuel drying up. The country has still been able to host bilateral cricket, with Australia and Pakistan making the trip over, but with the Asia Cup being a multi-team tournament, the challenges of hosting it in the midst of economic turmoil were considered a tough task.
BCCi secretary and ACC President Jay Shah said that every effort was made to host the Asia Cup in Sri Lanka and the decision to shift the venue to the UAE was taken after much deliberation.
"Every effort was made to host the Asia Cup in Sri Lanka and the decision to shift the venue to the UAE was taken after much deliberation. The UAE will be the new venue while Sri Lanka will continue to retain hosting rights. This edition of the Asia Cup is extremely important as it will help Asian nations prepare for the ICC World Cup, and I thank the SLC and the Emirates Cricket Board for their understanding and cooperation," said Shah.
The six-team Asia Cup will be played in the T20 format this year as a precursor to the T20 World Cup in Australia. The UAE also hosted the previous edition of the tournament, in the ODI format in 2018, an event that was won by India.
"We were really looking forward to hosting our Asian neighbours in Sri Lanka for the much-anticipated Asia Cup," SLC President Shammi Silva said.
"While I fully stand by the ACC's decision to shift the Asia Cup to UAE considering the current context and magnitude of the event, Sri Lanka cricket will work closely with the ACC and the Emirates Cricket Board to ensure that we still have an exciting edition of the Asia Cup," he added.
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