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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Saudi Arabia to Invest $64 bn in Entertainment 

General Entertainment Authority chief Ahmad al-Khatib. Photo by Saleh Bashir

Saudi Arabia is to invest $64 billion in its entertainment sector over the coming decade, General Entertainment Authority chief Ahmad bin Aqeel al-Khatib said Thursday.

The authority said earlier this week that more than 5,000 events are planned for 2018.

"We are already building the infrastructure," Khatib said at a press conference in Riyadh, adding that ground had been broken for an opera house.

"You will see a real change by 2020," he added.

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