Saudi Arabia’s leisure sector is ready for one more main leap because the Common Leisure Authority (GEA) introduced SR4bn ($1.07bn) value of recent funding and growth agreements on the Pleasure Discussion board 2025, one of many world’s largest leisure trade occasions.
The 2-day discussion board, held at Boulevard Metropolis in Riyadh, was inaugurated by Turki Alalshikh, Chairman of the Common Leisure Authority, who highlighted the Kingdom’s speedy transformation beneath Saudi Imaginative and prescient 2030 and its rise as a world hub for tourism, tradition, and dwell occasions.
Saudi leisure progress
In his opening remarks, Alalshikh credited the sector’s progress to the help of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.
He mentioned Saudi Arabia’s leisure achievements had been a direct consequence of the management’s imaginative and prescient to diversify the financial system and enrich high quality of life.
Alalshikh mentioned: “Though the Imaginative and prescient 2030 journey that started in 2016 has been comparatively quick, it has been wealthy with achievements which have remodeled the Kingdom into a number one world vacation spot for main worldwide occasions and one of many world’s most tasty tourism hubs”.
SR4bn of leisure initiatives
The GEA chairman confirmed that greater than SR4bn ($1.07bn) in funding and growth agreements have been signed for brand new initiatives and occasions to launch in 2026.
The offers kind a part of Saudi Arabia’s wider technique to develop world-class leisure infrastructure and experiences, supporting the nation’s rising tourism financial system.
Alalshikh additionally revealed that the primary section of the Qiddiya undertaking, together with Six Flags Qiddiya — one of many flagship initiatives led by the Crown Prince — is ready to open later this 12 months.
Tourism and tradition
Alalshikh praised the Ministry of Tourism for its collaboration with the GEA, noting that this partnership helped make Saudi Arabia the second-highest nation within the area for tourism income final 12 months.
He additionally counseled the Ministry of Tradition for its continued position in supporting artistic occasions and initiatives, which have helped construct momentum throughout the Kingdom’s quickly increasing leisure and leisure ecosystem.
Pleasure Discussion board 2025: world hub for leisure leaders
The Pleasure Discussion board 2025 gathered worldwide leaders, buyers, and innovators from throughout the leisure trade to debate progress alternatives, partnerships, and the Kingdom’s rising position as a world centre for dwell experiences and mega-events.
The discussion board builds on the GEA’s objective to make Saudi Arabia one of many world’s main locations for leisure, tourism, and cultural change, aligned with the long-term aims of Imaginative and prescient 2030.
