Over $270 million generated during Riyadh Season

Over $270 million generated during Riyadh Season
Riyadh Season was an “exceptional success.” (GEA)
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Updated 19 December 2019

Over $270 million generated during Riyadh Season

Over $270 million generated during Riyadh Season
  • 10.3 million visitors to the capital for the festival

RIYADH: The Riyadh Season of events has generated more than SR1 billion ($270 million) for the Saudi General Entertainment Authority (GEA), its chairman has revealed.

Turki Al Sheikh said the figure represented initial income from the season, while indirect revenues over the festival period made via the Saudi payments system, Mada, exceeded SR4 billion.

He added that Riyadh Season had attracted 10.3 million visitors to the capital and its surrounding area and had given rise to 34,700 jobs along with 17,300 indirect posts.

Al Sheikh noted that following the “exceptional success” of Riyadh Season, the challenge would be to match it again in the upcoming Sharqiah and Jeddah seasons. 

Riyadh Season is one of 11 Saudi Seasons that aim to promote Saudi Arabia as a tourism hub, as well as enhance the quality of life for the people of the Kingdom. It began on Oct. 11, 2019 with a concert by K-Pop superstars BTS at King Fahd International Stadium. 


Visit to Uzbekistan by high-level Saudi delegation set to begin

Visit to Uzbekistan by high-level Saudi delegation set to begin
Updated 23 January 2021

Visit to Uzbekistan by high-level Saudi delegation set to begin

Visit to Uzbekistan by high-level Saudi delegation set to begin
  • Aim is to enhance bilateral relations
  • A number of joint projects will be launched during the trip

RIYADH: A high-level Saudi delegation begin an official visit to Uzbekistan on Saturday, with the aim of strengthening bilateral relations, the Saudi Press Agency (SPA) reported on Friday.
The delegation, led by Minister of Investment Khalid Al-Falih, will include officials from a large number of government agencies, in addition to representatives from the private sector and senior Saudi businessmen.
The agenda for the visit includes the unveiling of a number of joint projects, the signing of a memorandum of understanding, and the launch of renewable-energy projects led by Saudi companies, as well as meetings between officials and businessmen from both countries.
Uzbekistan’s “business environment is witnessing an increase in investment opportunities in the fields of energy, food industries, building materials, mining, electronics, information technology, agriculture and others,” according to the SPA report.