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GTI Global Network > News > International
News
Saudi entertainment set to be valued at $1.17bn

The kingdom is seeking to create a wide range of massive leisure, entertainment and amusement complexes across the country in an endeavour to keep its own tourists at home, bring tourists in from other countries and reduce its dependence upon oil revenues. The value placed upon its vision, says Arab News this week, will see the sector grow by 47.65 per cent per year. It was quoting the US-based Research and Markets study that said that the sector in KSA was worth $23.77m in 2020. “The entertainment industry of Saudi Arabia is growing massively. Saudi Arabia has been putting its best effort to build a unique and world-class entertainment hub that includes innovative rides, cultural or historical attractions, and mega sporting events,” the report said. ”(2021/07/12)

 

 
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