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Saudi Investment Fund Signs Agreement with International Company to Develop Qiddiya Park

Khatib addressing the Saudi Future of Entertainment Conference held in Los Angeles on Wednesday (Asharq Al-Awsat)
Khatib addressing the Saudi Future of Entertainment Conference held in Los Angeles on Wednesday (Asharq Al-Awsat)
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Saudi Investment Fund Signs Agreement with International Company to Develop Qiddiya Park

Khatib addressing the Saudi Future of Entertainment Conference held in Los Angeles on Wednesday (Asharq Al-Awsat)
Khatib addressing the Saudi Future of Entertainment Conference held in Los Angeles on Wednesday (Asharq Al-Awsat)

Saudi Arabia’s Public Investment Fund (PIF) signed an agreement with Six Flags – the world’s leading international amusement park company - to develop and design an amusement park in the Qiddiya area, which is set to open in 2022.

The General Entertainment Authority also signed five agreements with US corporations and companies, including National Geographic and IMG, on the sidelines of the Saudi Future of Entertainment Conference held in Los Angeles on Wednesday.

The development of the Qiddiya Park falls within the Kingdom’s Vision 2030, which aims to enhance the culture and entertainment sector and build a world-class entertainment environment in the Kingdom by attracting local and international investors and partnering with international entertainment companies.

“Qiddiya, a key project within the Kingdom’s entertainment sector, will play an important role in the development of the Kingdom of Saudi Arabia’s economy and the realization of the ambitions of Vision 2030,” a statement issued by the Saudi Public Investment Fund said.

“The first Six Flags-branded amusement park in the Kingdom forms another part of the development of the sector which will help create jobs and opportunities for Saudi young people,” the statement added.

Michael Reininger, Chief Executive of Qiddiya, commented on the signing of the agreement, saying: “By partnering with a global leader in this sector, we know that we are going to deliver something exceptional that will enrich the daily lives of those living here. With nearly two-thirds of the Saudi population under the age of 35, there is a huge appetite in the Kingdom for amusement parks such as this one, as well as the other sporting and cultural facilities that Qiddiya will offer.”

The President of Six Flags International Development Company, David McKillips, underlined “great potential in the Saudi Arabian market”, noting that he looked forward to “collaborating with PIF to create a world-class entertainment destination for Saudi’s young and dynamic population.”

“Saudis spend more than $20 billion on foreign tourism and recreation each year and the next goal is to make them spend the money inside Saudi Arabia by nationalizing the entertainment sector,” said Ahmad al-Khatib, head of the Saudi General Authority for Entertainment.

Khatib described the Kingdom as a “country of opportunities,” pointing out that 2,200 events were held in 2017, compared to 500 events before 2016.

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Gulf

Saudi Arabia Condemns RSF Attacks on Civilians and Aid Convoys in Sudan

An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
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Saudi Arabia Condemns RSF Attacks on Civilians and Aid Convoys in Sudan

An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)

Saudi Arabia strongly condemned on Saturday the Rapid Support Forces’ attack against a humanitarian aid convoy in Sudan’s Kordofan.

A Foreign Ministry statement said the Kingdom expressed its strong condemnation of the attack against Al-Kuweik Military Hospital, a humanitarian aid convoy affiliated with the World Food Program, and a vehicle transporting displaced civilians.

“These acts are unjustifiable under any circumstances and are flagrant violations of all humanitarian norms and relevant international agreements,” it stressed.

“The Kingdom called on the RSF to immediately cease these violations and to fulfill their moral and humanitarian obligations by ensuring the safe and unhindered delivery of humanitarian assistance to those in need, in accordance with international humanitarian law and the Jeddah Declaration signed on May 11, 2023,” it added.

The Kingdom reiterated its firm position in support of Sudan’s unity, security, and stability, the need to preserve its legitimate institutions.

It voiced its rejection of “foreign interference and the continued actions of certain parties in supplying illicit weapons, mercenaries, and foreign fighters, despite their stated support for a political solution,” saying such “conduct is a primary factor in prolonging the conflict and exacerbating the suffering of the Sudanese people.”

A drone attack by the RSF hit a vehicle carrying displaced families in central Sudan Saturday, killing at least 24 people, including eight children, a doctors’ group said, a day after a World Food Program aid convoy was targeted.

The attack occurred close to the city of Rahad in North Kordofan province, said the Sudan Doctors Network, which tracks the country’s ongoing war. The vehicle was transporting displaced people who fled fighting in the Dubeiker area, the group said in a statement. Among the dead children were two infants.

Gulf

OIC Condemns Terrorist Bombing of Mosque in Islamabad

A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
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OIC Condemns Terrorist Bombing of Mosque in Islamabad

A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)

The Organization of Islamic Cooperation (OIC) General Secretariat strongly condemned on Saturday the terrorist bombing that targeted a mosque in Islamabad.

The secretariat stressed its categorical rejection of terrorism in all its forms, especially those targeting places of worship.

It underlined its firm stance in condemning these criminal acts, which are contrary to human values and religious principles.

The OIC offered its sincere condolences to the government and people of Pakistan and to the families of the victims.

It also reiterated its full solidarity with Pakistan in its efforts to combat terrorism and boost its security and stability.

At least 30 people killed in a suicide bombing at a Muslim mosque during Friday prayers.

Gulf

Bahrain, France Sign Defense Cooperation Agreement

Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
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Bahrain, France Sign Defense Cooperation Agreement

Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)

Bahrain and France signed on Friday a joint defense cooperation agreement during talks between King Hamad bin Isa Al Khalifa met with President Emmanuel Macron in Paris.

The French presidency said the agreement consolidates cooperation in the field of defense, training and exchange of strategic information.

“This agreement will ⁠also open ‌up ‍new ‍opportunities for industrial ‍cooperation in defense, and strengthen solidarity between our two countries in a ⁠global and regional geopolitical context marked by increasing tensions,” it added.

The agreement was signed by Bahrain’s National Security Adviser and Secretary General of the Supreme Defense Council Sheikh Nasser bin Hamad Al Khalifa and France’s Minister Delegate to the Minister of the Armed Forces and Veterans Alice Rufo.

Macron highlighted the depth of the historical relations between Bahrain and France, as well as the progress achieved across various domains in support of common interests, reported Bahrain’s state news agency (BNA).

For his part, King Hamad commended the French president’s keenness to strengthen relations between the two countries.

The talks also addressed means to bolster bilateral relations across all sectors to achieve shared interests.

Both sides commended the efforts of the Joint Bahraini-French High Committee. They highlighted the positive outcomes achieved in advancing cooperation and underlined the importance of continuing the committee’s work to expand cooperation across various domains.

The talks addressed regional and international developments, and efforts aimed at resolving conflicts through dialogue and diplomatic solutions and reducing tensions.