Saudi Arabia to invest USD 64 billion in entertainment in next decade

General Entertainment Authority chief Ahmad bin Aqeel al-Khatib said the money will come from both the government and the private sector.

By PTI | Updated: Feb 22, 2018, 02.28 PM IST

Saudi Arabia is to invest USD 64 billion in its entertainment sector over the coming decade, an official said. (Representative Image)

RIYADH: Saudi Arabia is to invest USD 64 billion in its entertainment sector over the coming decade, an official said today, as the kingdom pursues a programme of social and economic reforms.

General Entertainment Authority chief Ahmad bin Aqeel al-Khatib said the money will come from both the government and the private sector.

Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.