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As Entertainment Industry Develops, A ‘Great Opportunity’ for Cinema Business Awaits in Saudi Arabia
With Deputy Crown Prince Mohammed bin Salman’s recent visit to the United States that included meetings with several top entertainment industry executives in Silicon Valley, it is quite possible that entertainment options in Saudi Arabia could be dramatically greater in a decade. But what will that look like? The Vision 2030 document states that the Kingdom’s leaders “consider culture […]
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Concluding Trip to Silicon Valley, Deputy Crown Prince Mohammed bin Salman and Delegation Ink MOU with Microsoft
Saudi Deputy Crown Prince Mohammed bin Salman met with Satya Narayana Nadella, chief executive officer of Microsoft, at the company’s Silicon Valley offices in San Francisco on Tuesday and signed two deals with the IT giant, according to reports. The first MOU between Saudi Arabia and Microsoft “will train young Saudis and will support Saudi Arabia […]
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Back in a Business Suit, Deputy Crown Prince Mohammed bin Salman and Delegation Sign Agreements with Six Flags, Cisco Systems
Saudi Arabia has signed partnership agreements with theme park company Six Flags Entertainment and Cisco Systems during a visit by Deputy Crown Prince Mohammed bin Salman and his accompanying delegation to Silicon Valley this week as Saudi Arabia looks to boost its business and commercial ties with the United States. The prince was shown wearing a gray […]
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Deputy Crown Prince Mohammed bin Salman Meets with President Obama, Receives Praise for “Vision 2030”
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman met with President Obama on Friday at the White House to discuss regional and economic issues with the President, Vice President and other members of Obama’s cabinet. The President “commended” Prince Mohammed’s “Vision 2030” plans to reform Saudi Arabia’s economy and society, according to a readout. “The […]
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Uber Scores the Largest Single Investment Ever Made in a Private Company from Saudi Arabia’s Public Investment Fund; Snags $3.5b
In what is being called the largest single cash investment ever made into a private company, Saudi Arabia’s Public Investment Fund (PIF) has invested $3.5 billion for 5% of the on-demand car service Uber. The investment is the first of likely many more investments into technology as Saudi Arabia looks to act on its ‘Vision 2030’ […]
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Report: $7.9 Billion Bid for KAFD by Saudi Arabia’s Public Investment Fund
Saudi Arabia’s Public Investment Fund (PIF) is reported to be prepared to make an offer for the King Abdullah Financial District (KAFD), situated between downtown Riyadh and the city’s King Khalid International Airport. The offer, reported by Bloomberg citing unnamed sources, is 30 billion riyals ($7.9 billion) — the amount already spent on KAFD by the Saudi Public […]
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Graphic: Saudi Arabia Reshuffles Government Leaders, Modifies Ministries
Saudi Arabia’s King Salman issued a Royal Order on Saturday, May 7th, 2016 making changes to the government structure and key leaders. The Royal Order follows the recently released ‘Vision 2030’ economic and development plan to transform the Saudi economy and society into the 21st Century. The full text of the changes as issued by […]
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Commentary: Saudi Arabia’s Vision 2030, Don’t Miss the Point
While Saudi Arabia’s Vision 2030 was formally endorsed by the Saudi Council of Ministers and published on April 25, 2016, anticipation about the plan had been building for months. McKinsey & Company’s 165-page Moving Saudi Arabia’s Economy Beyond Oil in December 2015 confirmed the depth of the analysis underway within the Saudi government while Deputy […]
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Full Text: Saudi Arabia’s ‘Vision 2030’ National Transformation Program
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, who is chair of the Council of Economic Development Authority (CEDA) and Minister of Defense presented the much-anticipated ‘Vision 2030’ framework of new policies to be pursued by the Saudi government. Here’s the full text of his presentation, as well as the Vision 2030 roadmap itself. The […]
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Saudi Film Festival Features Highlights Growing Enthusiasm for Independent Filmmakers
Close to 400 enthusiastic film fans filled a hall for the opening ceremony of the 3rd annual Saudi Film Festival at a culture and arts centre in the Gulf coast city of Dammam on Thursday night. 112 candidates are participating with 70 films nominated for the awards. 24 of the filmmakers are Saudi women and […]
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MUST-READS
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The Fun Starts Now: Saudi Government Launches $3 Billion Investment Drive In Entertainment Sector
Last year it set up the General Authority for Entertainment, which is responsible for developing the entertainment sector. In February this year the country's first ever Comic-Con event was held in Jeddah. More recently, the government has said women would be welcome at the King Fahd stadium in Riyadh to attend national day celebrations – the first time this has happened.
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Saudi Arabia creating $2.7B entertainment investment company
Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the deeply conservative kingdom loosens the reins on fun.
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Saudi Entertainment sector helps boost economy, social cohesion: Report
The entertainment sector, the report also said, is among the top job-generating and skill-supporting sector. It has also played a role in instilling the concept of volunteering, and in linking job seekers to businessmen, thus contributing to helping realize the Saudi Vision 2030, the report said.
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Saudi Arabia to establish world-class orchestra for entertainment
The orchestra proposal, if given green light, will eventually lead to establishing a large instrumental ensemble accompanying musicians who will be able to perform in the Kingdom.
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Saudi entertainment chief, Ahmed Al Khatib, sees cinemas returning
In a Reuters interview, Ahmed Al Khatib, chairman of the General Entertainment Authority (GEA), said conservatives who criticised the reforms were gradually learning that most Saudis, a majority of whom are under 30, wanted these changes.
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Saudi entertainment chief sees cinemas returning, eventually
The kingdom had some cinemas in the 1970s but the clerical establishment persuaded the authorities to close them, reflecting rising Islamist influence throughout the Arab region at the time.
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Sport, culture and entertainment: Driving tricky Saudi change
Saudi Arabia’s powerful deputy crown prince, Mohammed bin Salman, has put sports, culture and entertainment, at the cutting edge of his effort to culturally and socially take his conservative kingdom into the 21st century.
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Saudi Arabia to build entertainment city near Riyadh
Saudi Arabia has announced plans to build a 334sq km "entertainment city" south of the capital Riyadh that will feature sports, cultural and recreational facilities, including a safari and a Six Flags theme park.
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Entertainment in Saudi Arabia, its past and present
Entertainment in the Saudi kingdom has a history which extends across four decades or more. Movies were played by sports clubs in most Saudi cities and music concerts have also been common.
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Animation in Saudi Arabia: Shifting the Entertainment Agenda
Today, Nejer has a million Twitter followers, the fourth most subscribed YouTube channel in Saudi Arabia, and a successful animation production company, Myrkott Studio, which he founded in collaboration with other Saudi artists.
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