Saudi Entertainment Ventures Company to Launch First Entertainment Complex in Riyadhhttps://english.aawsat.com/home/article/1529516/saudi-entertainment-ventures-company-launch-first-entertainment-complex-riyadh
Saudi Entertainment Ventures Company to Launch First Entertainment Complex in Riyadh
A general view of Riyadh. (SPA)
The Saudi Entertainment Ventures Company, a wholly owned subsidiary of the Public Investment Fund, announced Wednesday that Riyadh will witness the launch of its first entertainment destination, reported the Saudi Press Agency.
The first entertainment complex, covering an area of 100,000 square meters, will be located on the Eastern Ring Road at the intersection with King Abdullah Road.
The complex was designed according to latest modern methods and will include a variety of entertainment facilities selected to suit the aspirations of citizens and visitors.
The Chairman of the Board of Directors of Saudi Entertainment Ventures Company, Abdullah bin Nasser Al-Dawoud said that entertainment complex projects will feature open areas equipped for sports activities, entertainment and live shows.
They will include a wide variety of local and international restaurants and cafes, as well as cinemas that are designed to meet international standards.
The Public Investment Fund estimated that the projects will serve more than 50 million visitors a year, provide more than 22,000 direct jobs and contribute 8 billion riyals to the Gross Domestic Product (GDP) by 2030.
Saudi Arabia, Egypt Warn Against Policies that Take Region to the Abysshttps://english.aawsat.com/gulf/5071527-saudi-arabia-egypt-warn-against-policies-take-region-abyss
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Egyptian President Abdel Fattah al-Sisi meet in Cairo on Tuesday. (AFP/Handout/SPA)
Saudi Arabia, Egypt Warn Against Policies that Take Region to the Abyss
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Egyptian President Abdel Fattah al-Sisi meet in Cairo on Tuesday. (AFP/Handout/SPA)
Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, and Egyptian President Abdel Fattah al-Sisi warned on Tuesday against policies that take the region to the edge of the abyss.
Meeting in Cairo, they demanded that steps be taken to reach a ceasefire in Gaza and Lebanon and for the humanitarian situation be addressed there.
A statement by the Egyptian presidency said the leaders discussed regional developments, starting with the conflicts in Gaza and Lebanon. They agreed on the dangerousness of the situation in the region, urging a de-escalation.
They called for respecting the sovereignty, security and stability of Lebanon and stressed the need for the establishment of a sovereign Palestinian state in line with international resolutions.
This is the only way that sustainable peace and security can be achieved in the region, they added.
They warned that attempts to “erase” the Palestinian cause will only prolong conflicts in the region.
Crown Prince Mohammed and Sisi also reviewed developments in the Red Sea, Sudan, Libya and Syria.
Egyptian President Abdel Fattah al-Sisi bids farewell to Prince Mohammed bin Salman, Saudi Crown Prince and Prime Minister, ahead of his departure from Cairo. (AFP/Handout/SPA)
Crown Prince Mohammed had arrived in Cairo on Tuesday on an official visit.
He held bilateral talks with Sisi ahead of expanded discussions that included Saudi and Egyptian delegations.
The leaders presided over the signing of the formation of the Saudi-Egyptian Higher Coordination Council that they will both chair.
Sisi underscored the depth of the strategic relationship between Saudi Arabia and Egypt, especially amid the threats facing the region.
He stressed the importance of maintaining joint coordination and cooperation to overcome the current instability in the region and Islamic world.
For his part, Crown Prince Mohammed conveyed to Sisi the greetings of Custodian of the Two Holy Mosques King Salman bin Abdulaziz, underlining the importance Saudi Arabia places on bolstering ties with Egypt.
Upon his departure, he sent a cable to Sisi to express his gratitude to the warm reception.
“The visit and the talks that we held underscored the strength of relations between our countries and a joint desire to bolster cooperation in all fields,” he said.
The visit also demonstrated a keenness on maintaining coordination and consultations on issues of common interest under the leadership of Custodian of the Two Holy Mosques and Sisi, he added.
