عربي English Türkçe اردو فارسى
Logo
Latest News
Varieties

GEA Signs Agreements with World's Largest Entertainment Firms

GEA Signs Agreements with World's Largest Entertainment Firms
TT
20
TT

GEA Signs Agreements with World's Largest Entertainment Firms

GEA Signs Agreements with World's Largest Entertainment Firms

The Saudi General Entertainment Authority (GEA) signed a number of agreements with the largest entertainment companies during a conference held in Los Angeles on Wednesday under the title "The Future of Entertainment in the Kingdom of Saudi Arabia", as part of Crown Prince Mohammed bin Salman's visit to the US.

The first agreement was concluded between MBC Group and Cirque du Soleil, which will make a show for the first time in the Kingdom during the National Day events to be organized by GEA, the Saudi Press Agency reported on Thursday.

The second agreement represents a long-term partnership with Feld Entertainment which will produce global events in the Kingdom of Saudi Arabia, SPA said.

According to the state-run agency, the third agreement was signed with National Geographic which will collaborate with GEA and KBW Ventures to build different cities by VR.

The fourth agreement was struck with IMG, the leader in the field of events, sports, media, and fashion, SPA said.

GEA’s Chairman of the Board of Directors Ahmed al-Khatib stressed that the agreements fall in line with the importance of the entertainment sector in Saudi Arabia and investment opportunities in it.

Most Viewed

 
Varieties

Spain Foreign Tourist Numbers Break Record in Early 2025

FILE PHOTO: Tourists tour along the Puente Nuevo (New Bridge) on a hot summer day in Ronda, Spain July 4, 2023. REUTERS/Jon Nazca/File Photo
FILE PHOTO: Tourists tour along the Puente Nuevo (New Bridge) on a hot summer day in Ronda, Spain July 4, 2023. REUTERS/Jon Nazca/File Photo
TT
20
TT

Spain Foreign Tourist Numbers Break Record in Early 2025

FILE PHOTO: Tourists tour along the Puente Nuevo (New Bridge) on a hot summer day in Ronda, Spain July 4, 2023. REUTERS/Jon Nazca/File Photo
FILE PHOTO: Tourists tour along the Puente Nuevo (New Bridge) on a hot summer day in Ronda, Spain July 4, 2023. REUTERS/Jon Nazca/File Photo

Spain welcomed a record 17 million foreign tourists in the first three months of 2025 as the buoyant sector drives an economy outshining European peers, official data showed on Monday.

The 17.1 million foreign tourists arriving in Spain from January to March was a 5.7-percent increase on the same period in 2024, the National Statistics Institute said.

Britain, France and Germany supplied the most holidaymakers to the world's second most-visited country, which last year hosted a record 94 million foreign tourists seeking its sun, beaches and culture, AFP reported.

Spending by foreign tourists also climbed 7.2 percent to 23.5 billion euros ($26.7 billion), the tourism ministry said in a statement, a welcome development for the government which wants visitors to splash more cash during their stay.

The tourist sector was one of the drivers of Spain's standout growth of 3.2 percent in 2024, well above the EU figure of one percent.

But the bonanza has sparked a growing backlash among locals who complain that an unsustainable influx of foreign visitors is driving up rents, saturating infrastructure and changing the fabric of neighborhoods.

Spain aims to "diversify" destinations, make the sector less dependent on key seasons and "share out the benefits" across the country, Tourism Minister Jordi Hereu said in a statement.