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Cultural Development Fund Highlights Economic Value of Saudi Culture in Davos

The Cultural Development Fund (CDF) logo
The Cultural Development Fund (CDF) logo
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Cultural Development Fund Highlights Economic Value of Saudi Culture in Davos

The Cultural Development Fund (CDF) logo
The Cultural Development Fund (CDF) logo

The Cultural Development Fund (CDF) is participating in the Saudi House pavilion initiative, led by the Ministry of Economy and Planning, during the Annual Meeting of the World Economic Forum 2026, held in Davos, Switzerland, from January 19 to 23.

Through this participation, CDF aims to showcase the economic value of Saudi culture, highlight its role in diversifying the national economy and enhancing quality of life, attract international investment in the cultural sector, and spotlight Saudi cultural entrepreneurship.

According to a statement from the fund, the CDF’s participation includes a networking breakfast bringing together global economic leaders and investors from various countries, with the aim of raising awareness of Saudi culture as an economic force and a key pillar of Saudi Vision 2030.

The event will also provide a platform for exchanging perspectives and opportunities with international investors and financial institutions, while offering a closer look at the enablers of the Saudi cultural sector and its investment opportunities.

As part of the event, the CDF will host a panel discussion titled “Investing in Culture as an Economic Engine” that will feature CEO of the Cultural Development Fund Majed bin Abdulmohsen Al-Hugail, alongside Deputy Minister of Cultural Strategies and Policies at the Ministry of Culture Albara Al-Auhali.

The discussion will address the economic value of culture globally and locally, highlighting the CDF’s role in providing financial solutions that support cultural enterprises and enable their contribution to GDP growth and quality of life. The session will also explore cultural policies and their impact on strengthening the sector’s economic and investment potential.

Within the NextOn dialogue series organized by the Saudi House in Davos, the Cultural Development Fund will enable supported cultural projects to share their success stories and highlight their role in enhancing cultural production and increasing its economic value.

Participating entrepreneurs include Co-Founder of AlMashtal Creative Incubator Princess Noura bint Saud bin Naif, and CEO of Arabian Housing and Building company (AHB) Khalid Henaidy, who will speak about the role of entrepreneurship in shaping the future of the Kingdom’s cultural economy.

‏This participation underscores the CDF’s role as a center of excellence and financial enabler for the cultural sector in the Kingdom, and forms part of its efforts to strengthen the presence of Saudi cultural dynamism on the global stage. It aligns with the CDF’s objectives to maximize the cultural sector’s economic and social impact, increase its contribution to GDP, quality of life, and advance the goals of Saudi Vision 2030.

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Culture

Paris’ Louvre and Other Top Museums to Close on Saturday Over Concern about Protest Violence

Visitors wait outside as protesters block the entrance to the Louvre Museum to express their support for the high school students' movement in Paris, France, 19 October 2026, two days after demonstrations and riots took place alongside nationwide cost-of-living protests. (EPA)
Visitors wait outside as protesters block the entrance to the Louvre Museum to express their support for the high school students' movement in Paris, France, 19 October 2026, two days after demonstrations and riots took place alongside nationwide cost-of-living protests. (EPA)
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Paris’ Louvre and Other Top Museums to Close on Saturday Over Concern about Protest Violence

Visitors wait outside as protesters block the entrance to the Louvre Museum to express their support for the high school students' movement in Paris, France, 19 October 2026, two days after demonstrations and riots took place alongside nationwide cost-of-living protests. (EPA)
Visitors wait outside as protesters block the entrance to the Louvre Museum to express their support for the high school students' movement in Paris, France, 19 October 2026, two days after demonstrations and riots took place alongside nationwide cost-of-living protests. (EPA)

The Louvre and several other major Paris museums will be closed on Saturday over concerns about potential violence during planned protests, France’s culture ministry said.

In a statement to The Associated Press, the ministry said the Orsay and Picasso museums were also among those that will close.

Protests last Saturday devolved into mayhem, with rioters setting fires, smashing shop windows, looting and clashing with police. The ministry called on all institutions under its authority to adopt any necessary measures to ensure “visitor safety, staff protection and the preservation of artworks,” according to the statement.

Others are taking the same tack. After two days when admission was invite-only, Art Basel Paris opened to the public on Friday — but only for the day, with the threat of unrest prompting organizers on Thursday to cancel the weekend program.

Paris’ Grand Palais is hosting 211 international galleries and their exhibitions for Art Basel, considered one of the world’s most prestigious contemporary art fairs.

“It’s kind of like the art Olympics,” New York-based artist Drake Carr, who is showing his work with Mariposa Gallery, said in an interview.

However, timing proved unfortunate, with the French capital gripped by social tension. The clashes and widespread looting over the weekend marked France’s most violent unrest in years.

A protest on Thursday afternoon in Paris was peaceful, and Art Basel's organizers announced the decision to close for the weekend around the same time. The protest planned for Saturday is expected to be much larger.

"This decision has not been taken lightly, and the safety of everyone involved in the fair remains our utmost priority," organizers said in a statement. Its website posted a similar announcement and said weekend ticketholders would be contacted.

Saloni Doshi, an art collector who travelled to Paris from India for the fair, grew worried last Saturday as she saw the fires and panicked people, and she received phone calls from friends asking whether Paris was safe. She agreed with the organizers' rationale to close.

“It's hard that something like this has to happen, but state activities and people's freedom have to continue,” she told the AP. “I cannot imagine that a bunch of elite, privileged people getting inconvenienced because of this should have a voice.”

Antoine Donzeaud and Elisa Rigoulet, the owners of the gallery exo exo, felt the same.

“We understand this decision, which we consider reasonable and consistent with the urgency of the social demands currently unfolding in France,” they said in a text message.

Culture

Twice a Year, a Golden Sunbeam Illuminates a 3,000-Year-Old Pharaonic Temple

Tourists crowd to film the sun as it sends a beam of light into the Great Temple of Ramses II's dark inner chamber in Abu Simbel, 870 kilometers (540 miles) south of Cairo, Egypt, Thursday, Oct. 22, 2026, a rare 3,200-year-old astronomical ceremony that happens twice a year. (AP)
Tourists crowd to film the sun as it sends a beam of light into the Great Temple of Ramses II's dark inner chamber in Abu Simbel, 870 kilometers (540 miles) south of Cairo, Egypt, Thursday, Oct. 22, 2026, a rare 3,200-year-old astronomical ceremony that happens twice a year. (AP)
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Twice a Year, a Golden Sunbeam Illuminates a 3,000-Year-Old Pharaonic Temple

Tourists crowd to film the sun as it sends a beam of light into the Great Temple of Ramses II's dark inner chamber in Abu Simbel, 870 kilometers (540 miles) south of Cairo, Egypt, Thursday, Oct. 22, 2026, a rare 3,200-year-old astronomical ceremony that happens twice a year. (AP)
Tourists crowd to film the sun as it sends a beam of light into the Great Temple of Ramses II's dark inner chamber in Abu Simbel, 870 kilometers (540 miles) south of Cairo, Egypt, Thursday, Oct. 22, 2026, a rare 3,200-year-old astronomical ceremony that happens twice a year. (AP)

Hundreds of tourists from around the world and locals gathered at dawn Thursday at a temple in southern Egypt, with some sleeping outside it overnight to witness a solar phenomenon that has taken place here for millennia.

Twice a year, on Oct. 22 and Feb. 22 — dates believed to mark the ascension of Ramesses II to the throne and his birthday — the sun sends a beam of light into the Great Temple of Ramses II’s dark inner chamber to illuminate the statues of the pharaoh and two gods beside him.

The illumination, a result of the temple's alignment with the sun, lasts about 20 minutes.

“Today is a very special day, as you can see. It’s a celebration and a historic holiday," Hisham Khela, a local tour guide for Italian tourists, told The Associated Press.

Egyptology enthusiasts and other visitors stood in a messy single-file line with phone cameras in hand, some with selfie sticks and most with bags under their eyes from waking up so early. Although huge crowds turned up, they looked tiny beside the giant statues lining the temple, which overlooks the Nile.

To mark the phenomenon, colorfully dressed performers scattered in front of the temple smiled and danced in unison to meditative chimes, the percussion of the tabla and the distinct sound of mizmars, an ancient Egyptian trumpet.

Inside the temple, visitors huddled tightly in near-total darkness in front of the statues of Ramesses II and the gods Amun-Ra and Ra-Horakhty, lit by a beam of sunlight that traveled about 60 meters (200 feet) into the temple, according to the National Research Institute of Astronomy and Geophysics.

For first-timers, ancient history created modern memories.

Janice Souudi, who traveled from Atlanta, Georgia, said it was her first time in Egypt, and she said it won’t be her last.

“I came here today for the huge temple statues and how well preserved they are. But I was most impressed with the colors of the carvings and hieroglyphics and imagery," she said. "Beautiful, stunning, worth it!”

In the 1960s, archaeologists carried out a massive project to dismantle and relocate the temple, moving it out of the path of rising waters created by the Aswan High Dam.

Engineers took care to preserve the temple’s alignment with the sun, so that more than 3,000 years after it was built, the light still finds its way inside.

Culture

AlUla's Dadan Excavations Explore Ancient Civilizations in 2026–2027 Archaeology Season

The work aims to study historical sites and uncover evidence that sheds light on the development of ancient civilizations in northwestern Arabia. (SPA)
The work aims to study historical sites and uncover evidence that sheds light on the development of ancient civilizations in northwestern Arabia. (SPA)
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AlUla's Dadan Excavations Explore Ancient Civilizations in 2026–2027 Archaeology Season

The work aims to study historical sites and uncover evidence that sheds light on the development of ancient civilizations in northwestern Arabia. (SPA)
The work aims to study historical sites and uncover evidence that sheds light on the development of ancient civilizations in northwestern Arabia. (SPA)

Archaeological excavations and research are continuing at Dadan in AlUla as part of the 2026–2027 archaeology season, launched by the Royal Commission for AlUla in AlUla and Khaybar.

The work aims to study historical sites and uncover evidence that sheds light on the development of ancient civilizations in northwestern Arabia.

Photographs taken by the Saudi Press Agency (SPA) have documented ongoing excavations at Dadan, focusing on funerary and residential areas as part of the second phase of the archaeological project. Building on five years of research, the work aims to trace the development of the ancient city and provide further insights into patterns of human settlement and daily life.

This season's work includes specialized archaeological studies and digital documentation of historical sites and findings.

Saudi specialists and university students are also participating in fieldwork and research, gaining practical experience and developing their skills in excavation, documentation, and archaeological analysis.

In Khaybar, research projects are exploring the relationship between people and the ancient oasis across different historical periods.

The projects involve studying ancient environments, sediment records, and natural resources, while other studies trace human activity in Khaybar from the Neolithic period through the Islamic eras.

The work is part of the Royal Commission for AlUla's efforts to support scientific research, preserve cultural heritage, and develop national expertise in archaeology and documentation. Together, these efforts aim to expand knowledge of the region's history and successive civilizations.