Saudi Arabia launches multi-billion dollar entertainment resort

29 Apr by Vitaliy Dadalyan

Saudi Arabia launches multi-billion dollar entertainment resort

Saudi Arabia launches multi-billion dollar entertainment resort

Saudi King Salman and Crown Prince Mohammed bin Salman attended the ground-breaking ceremony on Saturday of a vast entertainment resort that is at the heart of an ambitious strategy to open the economy and ease social restrictions. Little more than a week after Saudi Arabia opened its first cinema after a nearly four-decade ban, the author of the reforms, Prince Mohammed, and his father attended the lavish launch ceremony, which featured a live orchestra, fireworks and a vocal performance praising both leaders. “Today, we invite investors, creators, and operators from around the world to explore what a one-of-a-kind project like Qiddiya has to offer,” CEO Michael Reininger told government officials, foreign dignitaries and businessmen gathered in a temporary open-air auditorium.

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Source:: https://finance.yahoo.com/news/saudi-arabia-launches-multi-billion-dollar-entertainment-resort-025424166–sector.html