Saudi Arabia to invest $64bn in entertainment

Source: BBC News

Saudi Arabia says it will invest $64bn (£46bn) in developing its entertainment industry over the next decade.

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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.

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