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Saudi Cultural Development Fund Debuts at Davos to Showcase Culture as Economic Engine

Saudi Cultural Development Fund Debuts at Davos to Showcase Culture as Economic Engine
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Saudi Cultural Development Fund Debuts at Davos to Showcase Culture as Economic Engine

Saudi Cultural Development Fund Debuts at Davos to Showcase Culture as Economic Engine

The Cultural Development Fund (CDF) successfully concluded its participation at the 2026 Annual Meeting of the World Economic Forum, held from January 19 to 23 in Davos, Switzerland, marking a historic and groundbreaking presence for Saudi culture at the world’s premier economic event.

Hosted at the Saudi House, the CDF engaged over 200 international experts, including leading economists and investors, through a series of dynamic activities such as a networking breakfast, panel discussion, and beneficiary talks on the NextOn platform. The CDF emphasized culture not only as a form of artistic and creative expression, but also as a vital economic driver and a strategic pillar for national development, SPA reported.

Reinforcing this vision, CDF CEO Majed Al-Hugail highlighted in a Davos panel Saudi Arabia's belief in culture as a pivotal force for economic diversification and quality of life. By 2030, he stated, the cultural sector is set to contribute $48 billion to GDP, create more than 346,000 jobs, and attract 22 million visitors.

The CDF also underscored the critical role of financing in empowering entrepreneurship and amplifying the economic potential of the cultural sector. Notable participants in the NextOn talk series included Co-Founder of AlMashtal Creative Incubator Princess Noura bint Saud bin Naif, who addressed “Culture as Economic Infrastructure: Unlocking Human Capital Through the Creative Industries.” Additionally, CEO of the Arabian Housing & Building (AHB) Company Eng. Khalid Alhenaidy contributed insights during a session titled “The Value in Cultural Assets.”

Looking ahead, the CDF organized six strategic side meetings aimed at exploring new opportunities and fostering collaborations to accelerate the development of the Saudi cultural sector and attract global investment. It also distributed 150 copies of the comprehensive investment report, Saudi Cultural Market Outlook 2025: Vision, Impact, and Opportunities, developed in partnership with the Ministry of Culture, the Ministry of Investment, and the Invest Saudi initiative.

Furthermore, the CDF showcased Saudi creativity by exporting 60 cultural products from Samuda, a fashion-sector beneficiary brand, highlighting the growing economic significance of the Saudi fashion market.

This milestone reflects the CDF’s commitment to serving as a center of excellence and financial enabler for the Kingdom’s cultural sector. It underscores ongoing efforts to elevate Saudi culture on the global stage, maximizing its economic and social impact in alignment with the ambitious objectives of Saudi Vision 2030.

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Culture

Workshop Held to Develop Cultural Heritage Documentation, Digital Archiving Guide in Saudi Arabia

The workshop brought together representatives from relevant cultural entities, along with stakeholders, experts, and practitioners. SPA
The workshop brought together representatives from relevant cultural entities, along with stakeholders, experts, and practitioners. SPA
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Workshop Held to Develop Cultural Heritage Documentation, Digital Archiving Guide in Saudi Arabia

The workshop brought together representatives from relevant cultural entities, along with stakeholders, experts, and practitioners. SPA
The workshop brought together representatives from relevant cultural entities, along with stakeholders, experts, and practitioners. SPA

The Saudi Ministry of Culture organized a specialized workshop to review and develop the third edition of the Cultural Heritage Documentation and Digital Archiving Guide in the Kingdom.

The workshop brought together representatives from relevant cultural entities, along with stakeholders, experts, and practitioners, as part of the center’s efforts to standardize methodologies for documenting and archiving cultural heritage and to enhance institutional practices for managing national cultural memory.

The workshop forms part of the Ministry of Culture’s ongoing efforts to establish national standard frameworks for the management and digital documentation of cultural heritage, strengthen integration among entities, and equip practitioners with the necessary tools and methodologies.

These efforts reinforce the role of the Saudi cultural memory center in preserving the Kingdom’s cultural memory and support the objectives of the National Culture Strategy under Saudi Vision 2030.

Culture

Makkah Quran Museum Displays Rare ‘Blue Quran’ Manuscript

The Blue Quran is regarded as one of the rarest and most luxurious mushafs in Islamic civilization. (SPA)
The Blue Quran is regarded as one of the rarest and most luxurious mushafs in Islamic civilization. (SPA)
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Makkah Quran Museum Displays Rare ‘Blue Quran’ Manuscript

The Blue Quran is regarded as one of the rarest and most luxurious mushafs in Islamic civilization. (SPA)
The Blue Quran is regarded as one of the rarest and most luxurious mushafs in Islamic civilization. (SPA)

The Holy Quran Museum in the Hira Cultural District in Makkah is displaying a rare folio from the famed “Al-Muṣḥaf Al-Azraq” (Blue Quran), featuring verses from Surah Al-Baqarah, from the end of verse 37 to the beginning of verse 42, reported the Saudi Press Agency on Monday.

The exhibit highlights the richness of Islamic Quranic heritage and its ancient artistic legacy.

The Blue Quran is regarded as one of the rarest and most luxurious mushafs in Islamic civilization. It was written in pure gold ink in early Kufic script on a deep blue background, reflecting a distinctive artistic style that underscores early Muslims’ reverence for the Quranic text and their dedication to the aesthetics of its calligraphy.

Dating back to the 9th century, the manuscript holds exceptional historical and scholarly value. It stands as a testament to the development of Arabic calligraphy and illumination during the early Islamic period.

Surviving pages of the Blue Quran are extremely rare and are now dispersed among a limited number of museums and private collections worldwide.

The display forms part of the museum’s efforts to introduce visitors to the history of the mushaf and the artistic stages of its transcription, offering access to extraordinary examples of Quranic manuscripts.

The initiative aims to deepen cultural awareness and enrich the experience of visitors to the Hira Cultural District from within the Kingdom and abroad.

The Holy Quran Museum serves as a cultural and educational landmark, highlighting the history of the Quran and its journey since the revelation. It houses rare manuscripts and historic copies of the Quran, alongside interactive exhibits and modern technologies that reflect Muslims’ enduring devotion to the Quran throughout the centuries, in a location closely associated with the dawn of the Islamic message.

Culture

Riyadh Art Unveils Tuwaiq Sculpture 2026

The exhibition site on Tahlia Street was strategically chosen for its historical legacy of innovation to provide a conceptual framework for the works. SPA
The exhibition site on Tahlia Street was strategically chosen for its historical legacy of innovation to provide a conceptual framework for the works. SPA
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Riyadh Art Unveils Tuwaiq Sculpture 2026

The exhibition site on Tahlia Street was strategically chosen for its historical legacy of innovation to provide a conceptual framework for the works. SPA
The exhibition site on Tahlia Street was strategically chosen for its historical legacy of innovation to provide a conceptual framework for the works. SPA

The Royal Commission for Riyadh City, via its Riyadh Art program, has launched the Tuwaiq Sculpture 2026 exhibition on Prince Mohammed bin Abdulaziz Street (Tahlia).

Open to the public from February 9 to 22, the exhibition showcases 25 new artworks themed "Traces of What Will Be," exploring transformation and urban renewal.

The sculptures were crafted during a live phase from January 10 to February 5, during which artists from 18 countries used local stone and recycled metals, allowing the public to witness the creative process firsthand.

The exhibition site on Tahlia Street was strategically chosen for its historical legacy of innovation to provide a conceptual framework for the works.

Overseen by a panel of international experts, the exhibition serves as an interactive cultural platform featuring workshops and panel discussions to foster community engagement.

All 2026 pieces will join Riyadh Art's permanent collection, which has hosted over 170 artists since 2019 and already installed more than 60 sculptures across the city to integrate contemporary art into Riyadh's urban fabric.