Multi-Billion-Dollar Art Districts to Be Developed as Part of Diriyah Project in Saudi Arabia

The announcement was made during the second edition of the “Bashayer - Delivering our Future” annual event. (SPA)
The announcement was made during the second edition of the “Bashayer - Delivering our Future” annual event. (SPA)
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Multi-Billion-Dollar Art Districts to Be Developed as Part of Diriyah Project in Saudi Arabia

The announcement was made during the second edition of the “Bashayer - Delivering our Future” annual event. (SPA)
The announcement was made during the second edition of the “Bashayer - Delivering our Future” annual event. (SPA)

Diriyah Company announced on Wednesday the details of two high-profile multi-billion-dollar educational and arts districts to be developed as part of the $63.2 billion Diriyah project on the outskirts of Riyadh.

The announcement was made during the second edition of its annual international event “Bashayer - Delivering our Future”, which gathered global investors, hospitality companies, construction firms, infrastructure experts and sports, arts, culture, tourism and retail sector representatives, Diriyah Company said in a statement.

The two new districts, the Qurain Cultural District and the Northern District, are proof of the accelerating growth and development of Diriyah, one of the world’s biggest and most unique urban development projects spanning an area of 14 square kilometers.

The Qurain Cultural District is set to become a vibrant global hub where culture meets modern urban living. It will offer a diverse range of arts, retail, office, and residential spaces for people to live, work, shop local brands, and enjoy local dining experiences.

Its cultural offerings will include a cinema, museums, and several academies focused on writing, traditional Najdi architecture and mud building, Arabic music, culinary arts, performing arts, and theater. It will also include two world-class hotels and branded residences: the Ritz-Carlton Diriyah, with 195 rooms and 165 residences, and the Address Diriyah, offering 204 rooms and 60 serviced apartments.

The district will feature 19 mixed-use buildings, including office, retail, and residences, 10 of which have various boutique office options, and a wide range of retail space and dining venues.

The development of the Qurain Cultural District will proceed under a SAR5.8 billion ($1.55 billion) contract.

Development work in the Northern District began following the announcement of a partnership contract worth SAR7.8 billion ($2 billion) in July 2024.

The Northern District, said the release, will transform Diriyah into a global hub for scholars, students, and visionaries. It will feature the King Salman Foundation, museums, a university, a library, and a lively public square. It will also host the newly announced Capella Diriyah, a 100-room luxury hotel that represents Capella Hotels and Resorts' first venture in the Middle East.

Work on the Northern District is already under way after a SAR7.8 billion ($2 billion) joint venture contract was awarded to China State Construction Engineering Cooperation Limited and El Seif Engineering Contracting Co. Ltd.

Commenting on the new high-profile districts, Diriyah Company Group CEO Jerry Inzerillo said: “Qurain Cultural District and Northern District are two of the most important and significant areas of the Diriyah masterplan, and demonstrate the range and diversity of what Diriyah has to offer.”

“They will both become global centers of excellence, of knowledge, learning and creativity as Diriyah once more becomes a gathering place for the world. We are delighted to share details of these major developments at Bashayer and share once more the unique range of investment opportunities and partnerships the Diriyah Company has to offer the world,” he added.

The Diriyah project is one of Saudi Arabia’s five giga-projects supported by the Public Investment Fund, the world's fifth-largest sovereign wealth fund. It aims to provide homes for 100,000 residents, create 178,000 jobs, attract 50 million visitors annually, and contribute $18.6 billion to Saudi Arabia’s GDP.



Madrasat Addeera Empowers AlUla Youth Through Traditional Crafts

The school focuses on empowering girls, teaching craft skills rooted in ancestral trades and presenting them in modern ways that create sustainable and creative opportunities - SPA
The school focuses on empowering girls, teaching craft skills rooted in ancestral trades and presenting them in modern ways that create sustainable and creative opportunities - SPA
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Madrasat Addeera Empowers AlUla Youth Through Traditional Crafts

The school focuses on empowering girls, teaching craft skills rooted in ancestral trades and presenting them in modern ways that create sustainable and creative opportunities - SPA
The school focuses on empowering girls, teaching craft skills rooted in ancestral trades and presenting them in modern ways that create sustainable and creative opportunities - SPA

Madrasat Addeera in AlUla Governorate offers specialized training programs and workshops to develop the skills of local youth in traditional crafts and arts, preserving cultural heritage while connecting it to contemporary life.

The school focuses on empowering girls, teaching craft skills rooted in ancestral trades and presenting them in modern ways that create sustainable and creative opportunities, SPA reported.

Throughout the year, the school contributes to the cultural vibrancy of the governorate by taking part in festivals and exhibitions. Through its workshops, visitors can explore traditional industries such as pottery, weaving, carpets, and natural products.

According to SPA, Madrasat Addeera's programs go beyond training, transforming craft skills into sustainable income, with handcrafted items sold locally and online, all entirely Saudi-made and inspired by AlUla’s culture and environment.

Since its establishment as the first girls’ school in AlUla and as the region’s first center for arts and design, the school has become a hub for nurturing talent, rediscovering heritage crafts, and attracting both local and global expertise.


British Treasury to Cover Bayeux Tapestry for Estimated £800 Million

This photo provided by Bayeux townhall shows a technician inspecting the famed Bayeux tapestry in Bayeux, Normandy, in 8th January, 2020. (Ville de Bayeux via AP/File photo)
This photo provided by Bayeux townhall shows a technician inspecting the famed Bayeux tapestry in Bayeux, Normandy, in 8th January, 2020. (Ville de Bayeux via AP/File photo)
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British Treasury to Cover Bayeux Tapestry for Estimated £800 Million

This photo provided by Bayeux townhall shows a technician inspecting the famed Bayeux tapestry in Bayeux, Normandy, in 8th January, 2020. (Ville de Bayeux via AP/File photo)
This photo provided by Bayeux townhall shows a technician inspecting the famed Bayeux tapestry in Bayeux, Normandy, in 8th January, 2020. (Ville de Bayeux via AP/File photo)

The British Treasury is set to insure the Bayeux Tapestry against damage for an estimated £800 million while it is on loan to the British Museum next year, reported the BBC.

The 70m-long embroidery depicting the Battle of Hastings in 1066 will travel from France to London as part of a deal between the two nations' governments.

The artifact's transit and its time in storage and on display will be covered under the Government Indemnity Scheme (GIS). Indemnity insurance covers situations like loss or damage.

The Treasury said without the long-standing scheme, “public museums and galleries would face a substantial commercial insurance premium, which would be significantly less cost effective.”

There are concerns about the move, as some French art experts have suggested the nearly 1,000-year-old work was in far too a delicate state to be transported - something French officials have denied.

It is understood the Treasury has received an initial valuation for covering the Bayeux Tapestry that has been provisionally approved. The loan will not be formally confirmed until it receives the final valuation.

That final valuation is estimated to be around £800 million.

The Bayeux Tapestry will be displayed in the Sainsbury Exhibitions Gallery of the British Museum from next September until July 2027 while its current home, the Bayeux Museum, undergoes renovations.

Comprising 58 scenes, 626 characters and 202 horses, the huge masterpiece charts a contested time in Anglo-French relations when William The Conqueror took the English throne from Harold Godwinson, becoming the first Norman king of England.

The government's indemnity scheme allows art and cultural objects to be shown publicly in the UK which "might not have been otherwise because the cost of insurance would have been too high".

The scheme - first set up in 1980 - has facilitated numerous high-value loans, including Vincent van Gogh's 1888 work "The Bedroom" to the National Gallery.

In exchange for the Bayeux Tapestry, the British Museum will loan items to France, including the 7th Century Anglo-Saxon artifacts discovered at the Sutton Hoo burial site in Suffolk and the 12th Century Lewis chess pieces.


Kolkata’s Iconic Trams Face Final Stop as Modernization Rolls in

Passengers sit inside a decorated tram during the 152nd anniversary celebrations of trams in Kolkata, India, February 24, 2025. (Reuters)
Passengers sit inside a decorated tram during the 152nd anniversary celebrations of trams in Kolkata, India, February 24, 2025. (Reuters)
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Kolkata’s Iconic Trams Face Final Stop as Modernization Rolls in

Passengers sit inside a decorated tram during the 152nd anniversary celebrations of trams in Kolkata, India, February 24, 2025. (Reuters)
Passengers sit inside a decorated tram during the 152nd anniversary celebrations of trams in Kolkata, India, February 24, 2025. (Reuters)

For more than a century, trams have rumbled past Kolkata's crumbling colonial facades, with their chiming bells contributing to the city's soundtrack as they ferried generations of ​commuters.

Now, Asia's oldest tram network is on the brink of disappearing as authorities consider pulling the plug on a mode of transport that has become more nostalgia than necessity.

The West Bengal government plans to shut down the 152-year-old system, keeping only a short heritage route. The decision has sparked a court battle as residents and heritage advocates fight to keep ‌the trams ‌rolling.

"As children, we would take the ‌trams ⁠for ​fun, ‌but as I grew older it became a necessity," said Abha Maity, 44, recalling rides to school and college. "I can’t imagine Kolkata without them."

Once a highlight of the city's streets, the wobbly trams now struggle for space amid traffic jams - competing with buses and yellow taxis - as Kolkata builds modern infrastructure and seeks faster transport.

Kolkata introduced ⁠horse-drawn trams in 1873 and electrified them in 1902. At its peak, the ‌network boasted more than 340 trams and ‍covered the entire city. Today, ‍only two routes remain, with a fleet of about 10.

"When ‍I joined, more than 340 trams were running. Now it's down to seven or eight," said Bacchu Sidda, a conductor for 36 years who still checks his duty roster pinned on a board ​at the last functioning depot in Gariahat.

The government began selling depots and scrapping cars years ago, prompting a citizens' ⁠group called Calcutta Tram Users Association (CTUA) to take the fight to court. CTUA has campaigned since 2016 to save what remains of the system.

"I love my trams more than myself," said Deep Das, 19, a journalism student and CTUA member. "If they disappear, it will be like a part of my body has left me."

Despite resistance, authorities are pouring billions into upgrading Kolkata's infrastructure, focusing on metro expansion, wider roads and new highways to ease congestion.

For now, the fate of Kolkata's aging trams awaits a ‌court review, as they continue carrying some passengers who view them as living memories of the city's past.