Saudi official: Entertainment sector could create 200,000 jobs, billions in profit

People are seen at Riyadh Park mall during the opening of a cinema, in Riyadh, Saudi Arabia April 30, 2018. (REUTERS)
Updated 02 March 2019

Saudi official: Entertainment sector could create 200,000 jobs, billions in profit

  • The GEA would build new partnerships with private companies, and create seven new entertainment venues in Jeddah, Dammam, Riyadh and the Eastern Province

JEDDAH: The CEO of the General Entertainment Authority (GEA), Amr bin Ahmed Banaja, has claimed that Jeddah is a fertile region for private sphere investment in the leisure and entertainment industries.

“The GEA has sought to provide the necessary infrastructure for developing new entertainment and sports activities,” he told guests at the Jeddah Chamber of Commerce and Industry’s 75th anniversary celebration, stressing that potential entertainment revenues in the city could reach SR 30 billion ($8 billion) and create up to 200,000 jobs by 2030.

He reminded the audience that the GEA was a legislative body, however, and not an executive authority. It would be up to the private sector to create the opportunities for growth.

But, Banaja added, the GEA would build new partnerships with private companies, and create seven new entertainment venues in Jeddah, Dammam, Riyadh and the Eastern Province, to give the companies a platform from which to prosper and expand.


Third Saudi aid plane arrives in Beirut

KSRelief aircraft contains medical supplies, ventilators and other relief goods for blast victims. (Photo/Supplied)
Updated 09 August 2020

Third Saudi aid plane arrives in Beirut

  • KSRelief teams are also active in treating blast victims

RIYADH: A third King Salman Humanitarian Aid and Relief Center (KSRelief) plane loaded with aid arrived in Beirut on Saturday as part of a relief air bridge that was set up to help the people in wake of the Beirut blasts.

The air bridge was established on the directives of King Salman to provide urgent humanitarian aid to Lebanon.
KSRelief Adviser Dr. Ali bin Hamed Al-Ghamdi said the third plane is loaded with ventilators, hospital and medical equipment, as well as various medicines and disinfectants. It also contains food, tents, mattresses, blankets and cooking supplies.
So far, 200 tons of aid from the Kingdom have been flown to Lebanon with specialized teams to follow up and supervise the distribution operations.
KSRelief teams are also active in Lebanon in treating victims of the blast.
Earlier, two Saudi aircraft carrying more than 120 tons of medicines, equipment, and emergency supplies were dispatched to Beirut.
KSRelief Supervisor General Dr. Abdullah Al-Rabeeah said in a statement that the assistance highlights the pivotal role of the Kingdom of Saudi Arabia in providing humanitarian assistance to all people in need around the world with complete impartiality.

The Saudi aid will help alleviate the sufferings of Lebanese people.

Maj. Gen. Mohammad Khair, Chief of the High Relief, Commission in Lebanon

The twin blasts devastated large areas of the Lebanese capital and destroyed vital infrastructure, including grain storage silos and port facilities.
Lebanon, already reeling from an economic and currency collapse, now faces the threat of food shortages and a major hit to exports and imports.
Countries around the world have rushed to help Lebanon in the wake of the port explosion on Aug. 4.
The secretary-general of the High Relief Commission in Lebanon, Maj. Gen. Mohammad Khair, thanked the Kingdom for the urgent humanitarian aid provided through KSRelief.
In a press statement, he praised the historical relations between the two countries, noting the Saudi aid will help alleviate the suffering of Lebanese people.
Residents in the Kingdom can also help Lebanon by making donations through KSRelief’s website.