Browsing: Investment

Jeddah, December 04, 2025, SPA — The Cultural Development Fund has announced its sponsorship of the Red Sea Souk during the fifth edition of the Red Sea International Film Festival, held at Culture Square in Historic Jeddah from December 4 to 13. Participating under the theme “Investing in the Future of Filmmaking,” the fund aims to attract local and international investment into Saudi Arabia’s film sector and stimulate the launch and expansion of cinematic projects across the whole film industry value chain. The fund’s participation includes a main pavilion in the Red Sea Souk area from December 6 to 10. The so

Jizan, November 18, 2025, SPA — Under the patronage of Minister of Municipalities and Housing Majed Al-Hogail, the Jazan Municipality signed an investment contract with Alawaly Real Estate at the Cityscape Global 2025 exhibition in Riyadh. The contract involves the establishment of a water city in Jazan covering 113,000 square meters, with an investment value of SAR200 million. This initiative aims to enhance tourism and investment in the region, aligning with Saudi Vision 2030 to develop infrastructure and increase investment opportunities across various sectors. Located on the Jazan waterfront, the project is one of the largest enter