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Saudi Arabia announces plans for major entertainment complex in Riyadh

Saudi Entertainment Ventures Company complex will include sports facilities, cinemas and a wide variety of F&B offerings.

Saudi Arabia plans to build an 100,000 square-metre entertainment complex in Riyadh, according to the state-run Saudi Press Agency.

According to SPA, the Saudi Entertainment Ventures Company – a wholly owned subsidiary of the Public Investment Fund – plans to build the complex on Riyadh’s Eastern Ring Road at the intersection of King Abdullah Road.

Abdullah bin Nasser Al Dawoud, the chairman of the board of directors of the Saudi Entertainment Ventures Company, said that the first-of-its kind project will include green and open areas for sporting activities, entertainment and live shows.

Additionally, the complex will include a wide variety of local and international restaurants and cafes, as well as cinemas.

The value of the investment was not disclosed.

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