Under the patronage of the Crown Prince, the start of the Cultural Investment Conference 2025 in Riyadh
Under the patronage of His Royal Highness Prince Muhammad bin Salman bin Abdulaziz Al Saud The Crown Prince and Prime Minister -may God protect him -started today, Monday, the work of the Cultural Investment Conference 2025 at the King Fahd Cultural Center in Riyadh, which was organized by The Ministry of Culture. And creators in partnership with the most prominent international academic and cultural institutions, noting that the establishment of the new cultural university comes as an extension to support the rational leadership of the sector, and that the goal is for the university to be among the list of the best 50 international universities specialized in arts and culture, based on the Kingdom’s keenness to build Cultural capabilities , which is one of the pillars of its plan to develop its cultural sectors. "We are happy to start the work of the first copy of the Cultural Investment Conference, which discusses the future of cultural investment, its prospects and development capabilities"Noting that the Saudi cultural sector witnessed since the launch of the Kingdom’s 2030 vision, a historical shift that has jumped by its contribution to the local product to 1.6%, and the number of workers in it increased to 234 thousand, and the value of the money flowing to it reached nearly two billion dollars in 2024, while its infrastructure investments reached historical levels exceeding 81 billion riyals. Strategic on the journey of developing the Saudi cultural sector, pointing out that the conference contributes to strengthening this basic partnership, and will witness the signing of 89 agreements with a value of approximately 5 billion riyals. Deputy Minister of Culture, Mr. Hamid bin Muhammad Fayez, His Excellency the Assistant Minister of Culture, Professor Rakan bin Ibrahim Al -Touq, and the CEO of Dar "Sotheby’s" Charles Stewart, and Chairman of the Board of Directors "Christiez" Guast Serotti and CEO of"Art Basel" Nawa Horovitz, and the non -executive president"Sony Pictures Entertainment" Tony Vinchikuerra, founder "Eagles Pictures" Tariq bin Ammar, and the head of the body "Hetoric England" Dean of the Oreel College at Oxford University, Lord Neil Menduza, founder and Chairman of the Board of Directors "Genesis" John Stodesksky. Investors. It looks forward to the future of cultural investment, and enhances its role in building a sustainable creative economy; In line with the targets of Vision 2030 related to diversifying the national economy, consolidating the cultural identity, and enhancing the Kingdom’s position influencing the international scene. Cultural in stimulating global economic growth, as well as highlighting the contribution of cultural investment in empowering national talents, promoting justice and inclusion, and expanding the scope of cultural influence outside the national borders through cultural diplomacy. And its growing position in the global cultural and economic scene.
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