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asteroider

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23/02/18

11:13

Post #: 31284556
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Originally posted by simgrund ↑

Saudi Arabia to invest $64bn in entertainment

6 hours ago BBC Middle East

Saudi Arabia says it will invest $64bn (£46bn) in developing its entertainment industry over the next decade.
The head of the General Entertainment Authority said 5,000 events were planned this year alone, including those by Maroon 5 and Cirque du Soleil.
Construction of the country's first opera house has also begun in Riyadh.
The investment is part of a social and economic reform programme, known as Vision 2030, unveiled two years ago Crown Prince Mohammed bin Salman.
The 32 year old wants to diversify the economy and reduce the kingdom's reliance on oil, including by increasing household spending on culture and entertainment.
In December, the government lifted a ban on commercial cinemas.
--------------------------------
Can only wish them well.
I like the programme's title: Vision 2030.
Hope it is set in concrete.

Cheers,

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Not going to have much luck attracting foreign earnings unless people can have a drink on a night out?

Last edited by asteroider: 23/02/18
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