Saudi Arabia’s leisure sector is about for one more main leap because the Common Leisure Authority (GEA) introduced SR4bn ($1.07bn) price of recent funding and improvement agreements on the Pleasure Discussion board 2025, one of many world’s largest leisure trade occasions.
The 2-day discussion board, held at Boulevard Metropolis in Riyadh, was inaugurated by Turki Alalshikh, Chairman of the Common Leisure Authority, who highlighted the Kingdom’s fast transformation beneath Saudi Imaginative and prescient 2030 and its rise as a worldwide hub for tourism, tradition, and stay occasions.
Saudi leisure development
In his opening remarks, Alalshikh credited the sector’s progress to the help of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.
He mentioned Saudi Arabia’s leisure achievements have been a direct consequence of the management’s imaginative and prescient to diversify the economic system and enrich high quality of life.
Alalshikh mentioned: “Though the Imaginative and prescient 2030 journey that started in 2016 has been comparatively quick, it has been wealthy with achievements which have reworked the Kingdom into a number one international vacation spot for main worldwide occasions and one of many world’s most engaging tourism hubs”.
SR4bn of leisure initiatives
The GEA chairman confirmed that greater than SR4bn ($1.07bn) in funding and improvement agreements have been signed for brand new initiatives and occasions to launch in 2026.
The offers kind a part of Saudi Arabia’s wider technique to develop world-class leisure infrastructure and experiences, supporting the nation’s rising tourism economic system.
Alalshikh additionally revealed that the primary part of the Qiddiya venture, together with Six Flags Qiddiya — one of many flagship initiatives led by the Crown Prince — is about to open later this 12 months.
Tourism and tradition
Alalshikh praised the Ministry of Tourism for its collaboration with the GEA, noting that this partnership helped make Saudi Arabia the second-highest nation within the area for tourism income final 12 months.
He additionally counseled the Ministry of Tradition for its continued position in supporting inventive occasions and initiatives, which have helped construct momentum throughout the Kingdom’s quickly increasing leisure and leisure ecosystem.
Pleasure Discussion board 2025: international hub for leisure leaders
The Pleasure Discussion board 2025 gathered worldwide leaders, buyers, and innovators from throughout the leisure trade to debate development alternatives, partnerships, and the Kingdom’s rising position as a worldwide centre for stay experiences and mega-events.
The discussion board builds on the GEA’s purpose to make Saudi Arabia one of many world’s main locations for leisure, tourism, and cultural alternate, aligned with the long-term targets of Imaginative and prescient 2030.
