Saudi Arabia's King Salman has launched construction of an "entertainment city" near Riyadh, part of a series of multi-billion dollar projects aimed at helping the oil-dependent kingdom diversify its economy. The project is part of a sweeping reform and investment programme dubbed "Vision 2030", the brainchild of Crown Prince Mohammed bin Salman, who also attended the launch ceremony at the site on Saturday evening. In February, Saudi Arabia's General Entertainment Authority said it would stage more than 5,000 festivals and concerts in 2018, double last year's figure, and pump $64 billion (53 billion euros) into the sector in the coming decade.
from Yahoo News - Latest News & Headlines https://ift.tt/2HEjCbw
via Latest News
Comments
Post a Comment