The new MoUs represent a significant step toward shaping Saudi Arabia’s cultural future, while also opening more doors for global participation. By working hand in hand, the Ministry of Investment and the Cultural Development Fund aim to create opportunities that will attract world-class cultural companies to the Kingdom. The idea is not only to bring in international expertise but also to make Saudi Arabia’s cultural scene more competitive and impactful, with a stronger role in boosting the national economy.
At the same time, the Cultural Development Fund continues its mission to act as a platform for financial support and innovation. This cooperation lays the groundwork for a healthier investment climate in culture, fully in line with Vision 2030 a plan that envisions culture not just as entertainment, but as a true driver of growth and a vital part of everyday life.
In a similar vein, the Ministry of Culture has partnered with the Royal Commission for Riyadh City (RCRC) to enhance the cultural atmosphere of the capital. Together, they plan to launch artistic and cultural projects that align perfectly with Riyadh’s long-term development vision. These efforts include ensuring that culture is integrated into the city’s growth plans, strengthening connections between the cultural and development sectors, and attracting new investments to support the industry’s growth.
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