Saudi Arabia to invest $64bn in entertainment

Saudi Women with Abaya
Saudi Arabia to host first ever Arab Fashion Week

23 February, 2018

His org is "proud to be one of the drivers of transformation in the Kingdom, through its clear goal to build a world-class entertainment industry that will put the Kingdom of Saudi Arabia on the global tourism and entertainment map".

The investment is part of a social and economic reform programme, known as Vision 2030, unveiled two years ago Crown Prince Mohammed bin Salman.

Listed as an worldwide fashion week alongside Paris and Milan, the twice-yearly Arab Fashion Week offers exclusively see-now-buy-now collections and pre-collections.

The AFC launched its regional office in Riyadh with the appointment of H.H. Princess Noura Bint Faisal Al Saud as Honorary President.

Earlier this month, it was reported that Saudi authorities also plan to take a 60% stake in the privately held pan-Arab media giant MBC. "Today, change will happen and everything related to entertainment will be done here", he said.

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However, in the administration of Prince Mohamad Bin Salman, women have been given various facilities, and as a beginning, women were given licenses to drive cars and were also allowed to watch football matches.

The Saudi Arabian government has announced that Saudi women can start and run business, without the consent of the men in their families.

The Arab Fashion Council (AFC), representing the 22 Arabic countries' members of the Arab League, has established a multi-year partnership with the British Fashion Council (BFC).

Dubai will continue to host its own parallel Arab Fashion Week, with the sixth edition slotted for May 9 to May 12.

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