SAUDI ENTERTAINMENT AND AMUSEMENT EXHIBITION ANNOUNCED INLINE WITH THE KINGDOM’S $64 BILLION INVESTMENT PLAN FOR ITS ENTERTAINMENT SECTOR
KSA, 01 January 2019: Earlier this year, Saudi Arabia announced that it will invest $64 billion into developing the entertainment industry as part of Vision 2030. The social and economic reform program is spearheaded by the Crown Prince Mohammed bin Salman Al Saud. In line with the Kingdom’s zealous plans, dmg events has announced the first ever Saudi Entertainment and Amusement (SEA) exhibition that will take place from 21st – 23rd April 2019 at the Jeddah Center for Forums and Events.
dmg’s leading portfolio of leisure and hospitality exhibitions in the Middle East and Africa bring suppliers, manufacturers and sellers to meet over 100,000 key buyers and decision makers in lucrative marketplaces every year. SEA will be the Kingdom’s first ever trade event dedicated to the entertainment and amusement industry, offering regional and international suppliers an unparalleled platform to display their products to leading industry stakeholders including government authorities and owners, developers and operators of malls, cinemas, theme parks and other entertainment, leisure and tourist attractions.
With the aim to ring a new era of development in the Kingdom, the coming decade will witness a range of iconic developments to establish Saudi Arabia as a hub for leisure and entertainment within the Arabian peninsula as well as internationally. The progressive plan to transition from being an oil-based economy to a more diverse one saw a decade long ban on cinemas being lifted. Featuring the in Kingdom’s entertainment and leisure pipeline are 350 cinemas scheduled to in operation by 2030, a $500 Million entertainment city almost as big as Las Vegas, 16 entertainment complexes, an aquatic center, a $400 million community-based incubator for contemporary art, comedy, theater, and filmmaking, and more.
As the world’s largest oil exporter, Saudi Arabia is hugely dependent on oil. Through Vision 2030, the Crown Prince hopes to bolster the private sector in areas like health care, mining and entertainment. In recent interviews, Ahmed al-Khateeb, Chairman of the General Entertainment Authority has said, “Saudi Arabia needs to build an ‘entire ecosystem’ for arts, tourism and entertainment”.
SEA With all the projects in the pipeline, the event will be a must-visit for all interested in the hottest emerging entertainment market in the Middle East.
Sarkis Kahwaijan, Event Manager – SEA said” The Kingdom is at the cusp of an entertainment and leisure revolution. Saudi Entertainment and Amusement exhibition will provide exhibitors and participants with unique access to buyers as well as assist in establishing contacts and building relationships that will be key for the fast-paced development phase of the country’s entertainment and leisure sector”.
For more information about Saudi Entertainment and Amusement exhibition, visit: https://www.saudientertainmentexpo.com/
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About dmg events
dmg events is a leading organiser of face-to-face events and a publisher of trade magazines.
We aim to keep businesses informed and connect them with relevant communities to create vibrant marketplaces and to accelerate their business across multiple platforms.
dmg events organises more than 80 events across 25 countries, attracting over 350,000 attendees and delegates every year. The company’s portfolio of products includes many industry leading events such as the Big 5 construction shows and the ADIPEC and GASTECH energy events.
Founded in 1989, the company is headquartered in Dubai, UAE, and is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT, www.dmgt.com), one of the largest media companies in the United Kingdom.
Daily Mail and General Trust plc (DMGT) an international portfolio of information, media and events businesses listed on the London Stock Exchange.
DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1.5bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment.
DMGT is also a founding investor and the largest shareholder of Euromoney Institutional Investor PLC and ZPG PLC.