Saudi Arabian Government Set to Invest Almost $3 billion in Entertainment

In a bid to start diversifying its economy, the Saudi Arabian government has set up a Public Investment Fund (PIF) of $2.7 billion to energize the nation’s fledgling entertainment sector. The Arab nation is said to be very conscious of its dependence on oil—particularly as prices are depressed at the moment—and intends to “expand the scope […]

Saudi Arabian Government Set to Invest Almost $3 billion in Entertainment Read More »