Home » Blog » Other Services

Saudi Arabia invests $ 800 million in the Eastern Province Other Services

27 Apr 2019| Posted by Morris | In Other Services

The Saudi entertainment company plans to invest $ 800 million in entertainment projects launched at an official ceremony in the presence of Prince Ahmed bin Fahd bin Salman, Deputy Governor of the Eastern Province. The event includes the establishment of six cinemas in the region, Is the largest in Saudi Arabia is built on an area of ​​one million square meters, will be observed Dammam Besalta Cinema and Entertainment Center, will also share the news center and two showrooms Cinema Entertainment City Games, a cinema and entertainment center, Al-Ahsa, the city dug sub cinema.

Prince Ahmed bin Fahad bin Salman, Deputy Governor of the Eastern Region launches a package of entertainment projects in the region (Photo by Sadiq Al Ahmad)
Prince Ahmed Bin Fahad Bin Salman, Deputy Governor of the Eastern Province, launched the package of entertainment projects in the Eastern Province, which the company announced as new infrastructure projects for the leisure sector in the region and will make it the first leisure destination in the Gulf. The company plans to attract five million visitors a year from Saudi Arabia and the Gulf States via the Has completed six projects and six cinemas in the first phase of the company's projects in the Eastern Province.

Saudi Entertainment Enterprises Company, a public investment fund owned by the Public Investment Fund (PIF), has announced the first entertainment theme park in its largest theme park in Al-Aziziyah Beach in Al Khobar. The entertainment package follows the success of Sharqiyah Season, The region has witnessed about 2 million visitors and implemented 100 activities Entertainment, sports, cultural and artistic different.

Abdullah Al-Daoud, chairman of the Saudi Entertainment Projects Company, said the company would inject projects worth SR 3 billion into 10 projects in the region, including six cinemas and three entertainment centers targeting the Saudi family and a large amusement park.

Da'ud Recreational Parks will offer a new leisure experience for residents of the region and for the whole family, and will enhance the entertainment sector in the region. The project is expected to be completed in 3202.

Al-Dawood pointed out that the volume of the company's investments in the entertainment sector in Saudi Arabia amounts to $ 4.3 billion (Rls 5.21 billion) and has been announced through the Public Investment Fund.

Al Dawood expected the opening of three cinemas before the end of this year, and the other three will be in the three entertainment complexes, through the operator AMC, which will build and operate 05 cinemas in Saudi Arabia.

Blog Categories

Start Free Trial

Get Access to 1 Million Global Tenders

No credit card required