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Inaugural Cultural Investment Conference Kicks Off in Riyadh Under Patronage of the Crown Prince

The two-day Cultural Investment Conference 2025 is being held at the King Fahd Cultural Center in Riyadh. (Saudi Ministry of Culture)
The two-day Cultural Investment Conference 2025 is being held at the King Fahd Cultural Center in Riyadh. (Saudi Ministry of Culture)
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Inaugural Cultural Investment Conference Kicks Off in Riyadh Under Patronage of the Crown Prince

The two-day Cultural Investment Conference 2025 is being held at the King Fahd Cultural Center in Riyadh. (Saudi Ministry of Culture)
The two-day Cultural Investment Conference 2025 is being held at the King Fahd Cultural Center in Riyadh. (Saudi Ministry of Culture)

The inaugural Cultural Investment Conference 2025 kicked off at the King Fahd Cultural Center in Riyadh on Monday under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.

Organized by the Ministry of Culture, the event brought together over 1,500 participants and more than 150 speakers, including high-level decision-makers as well as cultural and investment leaders from the Kingdom and around the world.

In opening remarks, Minister of Culture Prince Bader bin Abdullah bin Farhan announced the imminent launch of the Riyadh University of Arts, which is intended to serve as a cornerstone of creative education and innovation, in partnership with leading international academic and cultural institutions.

He shared the ambitious goal of positioning the university among the world’s top 50 institutions specializing in arts and culture. This effort reflects the wise leadership’s ongoing support and commitment to building national cultural capabilities.

He highlighted the sector's remarkable progress since the launch of Vision 2030, stating that the Saudi cultural sector has undergone a historic transformation. Its contribution to the gross domestic product has risen to 1.6%, the number of employees has increased to 234,000, and the value of financial support flowing to the sector reached approximately $2 billion in 2024. In addition, infrastructure investments have achieved record levels, exceeding SAR81 billion.

Underscoring the strategic role of the private sector, the minister announced that the conference would facilitate the signing of 89 agreements with an estimated total value of SAR5 billion.

The two-day conference will feature over 38 dialogue sessions and workshops. Prominent Saudi and international figures participating include Minister of Investment Khalid Al-Falih, Minister of Economy and Planning Faisal Alibrahim, and global leaders, such as Sotheby's CEO Charles Stewart and Art Basel CEO Noah Horowitz.

Discussions will cover the latest trends in cultural investment, successful international experiences in financing creative industries, strategies to reduce investment risks, and the exploration of emerging markets. Specific topics include the role of artificial intelligence and interactive technologies in cultural financing, the importance of philanthropy in supporting growth, creative entrepreneurship, and global cultural investment funds.

The conference serves as a leading global platform to present culture as an attractive investment opportunity, directly supporting the Vision 2030 goals to diversify the national economy and strengthen Riyadh's position as an international capital of culture and investment.

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Culture

Top Prosecutor: Louvre Heist Probe Still Aims to Recover Jewelry

FILE - People wait for the Louvre museum to open, Thursday, Dec. 18, 2025 in Paris. (AP Photo/Thibault Camus, File)
FILE - People wait for the Louvre museum to open, Thursday, Dec. 18, 2025 in Paris. (AP Photo/Thibault Camus, File)
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Top Prosecutor: Louvre Heist Probe Still Aims to Recover Jewelry

FILE - People wait for the Louvre museum to open, Thursday, Dec. 18, 2025 in Paris. (AP Photo/Thibault Camus, File)
FILE - People wait for the Louvre museum to open, Thursday, Dec. 18, 2025 in Paris. (AP Photo/Thibault Camus, File)

French investigators remain determined to find the imperial jewels stolen from the Louvre in October, a prosecutor has told AFP.

Police believe they have arrested all four thieves who carried out the brazen October 19 robbery, making off with jewelry worth an estimated $102 million from the world-famous museum.

"The interrogations have not produced any new investigative elements," top Paris prosecutor Laure Beccuau said this week, three months after the broad-daylight heist.

But the case remains a top priority, she underlined.

"Our main objective is still to recover the jewelry," she said.

That Sunday morning in October, thieves parked a mover's truck with an extendable ladder below the Louvre's Apollo Gallery housing the French crown jewels.

Two of the thieves climbed up the ladder, broke a window and used angle grinders to cut glass display booths containing the treasures, while the other two waited below, investigators say.

The four then fled on high-powered motor scooters, dropping a diamond-and-emerald crown in their hurry.

But eight other items of jewelry -- including an emerald-and-diamond necklace that Napoleon I gave his second wife, Empress Marie-Louise -- remain at large.

Beccuau said investigators were keeping an open mind as to where the loot might be.

"We don't have any signals indicating that the jewelry is likely to have crossed the border," she said, though she added: "Anything is possible."

Detectives benefitted from contacts with "intermediaries in the art world, including internationally" as they pursued their probe.

"They have ways of receiving warning signals about networks of receivers of stolen goods, including abroad," Beccuau said.

As for anyone coming forward to hand over the jewels, that would be considered to be "active repentance, which could be taken into consideration" later during a trial, she said.

A fifth suspect, a 38-year-old woman who is the partner of one of the men, has been charged with being an accomplice but was released under judicial supervision pending a trial.

Investigators still had no idea if someone had ordered the theft.

"We refuse to have any preconceived notions about what might have led the individuals concerned to commit this theft," the prosecutor said.

But she said detectives and investigating magistrates were resolute.

"We haven't said our last word. It will take as long as it takes," she said.

Culture

Desert X AlUla Unveils Acclaimed Lineup of Saudi and Global Artists in 2026 Edition

Running from January 16 to February 28, the exhibition will feature an exceptional selection of specially commissioned artworks. SPA
Running from January 16 to February 28, the exhibition will feature an exceptional selection of specially commissioned artworks. SPA
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Desert X AlUla Unveils Acclaimed Lineup of Saudi and Global Artists in 2026 Edition

Running from January 16 to February 28, the exhibition will feature an exceptional selection of specially commissioned artworks. SPA
Running from January 16 to February 28, the exhibition will feature an exceptional selection of specially commissioned artworks. SPA

Arts AlUla has announced the lineup of Saudi and international artists participating in the fourth edition of Desert X AlUla, the international open-air art exhibition held in collaboration with Desert X.

Running from January 16 to February 28, the exhibition will feature an exceptional selection of specially commissioned artworks, ranging from large-scale installations and sound pieces that stretch across and beneath the desert landscape, to kinetic works and immersive interactive experiences.

The showcase reflects a deep connection to AlUla’s unique environment, its dramatic natural landscapes, and rich cultural heritage.

Desert X AlUla, the region’s first public art biennial, will feature 11 artists presenting diverse perspectives, materials, and artistic traditions in their large-scale works in its 2026 edition.

The program offers a delightful mix of performances and interactive family activities, alongside dedicated programs that blend sound, movement, storytelling, and play.

Also, the visitor pavilion will host a live music program curated in collaboration with AlUla Music Hub, creating moments where art, nature, and community converge in a shared experience shaped by rhythm and a strong sense of place.

Arts AlUla confirmed that Desert X AlUla 2026 will be open to the public.

Culture

Saudi Heritage Commission Announces Discovery of 20 Rock Engravings in Soudah Peaks Project

The newly identified sites feature inscriptions and rock carvings estimated to be between 4,000 and 5,000 years old. (SPA)
The newly identified sites feature inscriptions and rock carvings estimated to be between 4,000 and 5,000 years old. (SPA)
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Saudi Heritage Commission Announces Discovery of 20 Rock Engravings in Soudah Peaks Project

The newly identified sites feature inscriptions and rock carvings estimated to be between 4,000 and 5,000 years old. (SPA)
The newly identified sites feature inscriptions and rock carvings estimated to be between 4,000 and 5,000 years old. (SPA)

Saudi Arabia’s Heritage Commission, in collaboration with Soudah Development, a Public Investment Fund company, announced on Tuesday the discovery of 20 ancient rock art sites within the Soudah Peaks area.

Spanning more than 636.5 square kilometers across Soudah and parts of Rijal Almaa, the project area is now recognized as home to some of the region’s oldest cultural landmarks. The newly identified sites feature inscriptions and rock carvings estimated to be between 4,000 and 5,000 years old, offering valuable insights into the region’s rich history.

The findings include Thamudic inscriptions, along with vivid depictions of ibex, hyenas, and ostriches, as well as scenes of hunters, dancers, palm trees, and weapons, reflecting the environmental and social practices of the ancient communities that once inhabited the area.

The survey forms part of a memorandum of understanding signed between the Heritage Commission and Soudah Development. Conducted in four scientific phases, the initiative began with data collection and site analysis, concluding with the documentation and classification of high-value archaeological sites in preparation for future development and preservation efforts.

Soudah Development remains committed to protecting and promoting the natural and cultural heritage of the project area. The company continues to work towards creating an integrated cultural and tourism experience that reflects the authenticity and historical richness of the region, in line with its vision to transform Soudah Peaks into a premier luxury mountain destination rooted in heritage.