Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

Updated 05 April 2018
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Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

JEDDAH: Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh.
Six Flags, the world’s leading international amusement park company, will develop and design the park in Qiddiya, the country's first entertainment, sports and cultural destination set to open in 2022.
The development is part of Saudi Arabia's vision to promote culture and entertainment and attract local and international investors to the sector.
Commenting on the agreement, the Public Investment Fund of the Kingdom of Saudi Arabia, said: “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. The first Six Flags-branded
amusement park in the Kingdom forms another part of the development of the sector which will help to create jobs and opportunities for Saudi young people,”
For his part, Chief Executive of Qiddiya, Michael Reininger said that “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.”
On the agreement, David McKillips, President of Six Flags International Development Company has also commented saying that "Innovation is synonymous with our Six Flags brand, and our international licensing business provides a unique opportunity to continue our strong global growth. We see great potential in the Saudi Arabian market and look forward to collaborating with PIF to create a world-class entertainment destination for Saudi’s young and dynamic population.”


King Salman, crown prince thank interior minister for lowering crime

Interior Minister Prince Abdul Aziz bin Saud
Updated 22 April 2018
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King Salman, crown prince thank interior minister for lowering crime

  • The king praised the Prince Abdul Aziz and the ministry for these 'outstanding achievements"
  • The number of road traffic accidents decreased by 19.7 percent

JEDDAH: King Salman has thanked Interior Minister Prince Abdul Aziz bin Saud for the security services’ work in bringing down the crime rate in the past year, the Saudi Press Agency reported.

In a cable of gratitude on Sunday, King Salman said: “We have read your Highness’ cable ... regarding the positive results of the performance indicators of the Ministry of Interior’s security services for the period from June 25, 2017, to April 18, 2018, compared to the same period in the previous year, which showed a significant improvement in the decline in crime rates in general.

“The rate of intentional homicide dropped by 6.5 percent, honor crimes dropped by 14.5 percent, thefts by 2 percent, and armed robberies by 10.5 percent.

“The number of road traffic accidents decreased by 19.7 percent, the number of fatalities decreased by 19.1 percent, and the number of casualties decreased by 15.9 percent.

“In the area of border security and combating drug trafficking, the performance in seizing smugglers rose by 7.1 percent, in controlling the borders and preventing infiltrations rose by 35.5 percent, and in arresting those who are convicted of illegal narcotics drug crimes by 34.95 percent.

“In tracking and arresting violators of residency and labor laws and border security, the measures currently adopted for joint security field campaigns (the 'A Nation without a Violator' campaign) resulted in seizing 987,007 violations to date.”

King Salman thanked the minister and everyone working in all the ministry’s sectors “for these outstanding achievements and successive accomplishments that reflect the efforts made and the steady improvement in performance levels, which led to a significant and obvious decline in crime rates and a rise in the level of safety.”

Crown Prince Mohammed bin Salman also sent a cable of gratitude to the interior minister for the positive results.

He thanked the prince for the excellent performance of the Interior Ministry’s security services which showed a significant reduction of crime in the fields of premeditated murder, honor, armed robbery, traffic, border security as well as Iqama, labor and border-crossing violators.