Sunday, 20 April 2025

Federation of Saudi Chambers Establishes First of Its Kind Platform for Entertainment Sector

اقرأ المزيد

The Federation of Saudi Chambers, represented by the National Entertainment Committee, announced that the implementation of a project to build a unique digital platform for entertainment has begun. The platform will connect private companies with each other to facilitate the provision of their services for entertainment events under one roof, enabling them to access investment opportunities and link them together to create a connected and vibrant community.
The chairman of the National Entertainment Committee at the Council of Saudi Chambers, Alwaleed bin Khaled Al-Baltan, said that the digital platform project for the entertainment ecosystem is the first of its kind among the national committees within the federation, adding that the establishment of the platform is part of the private sector’s efforts to keep up with the rapid developments in the entertainment sector — in line with the Saudi Vision 2030 — the growing volume of investments, and the continuous increase in the number of visitors and tourists to the Kingdom.
The size of the entertainment market in the Kingdom stands around SAR8.7 billion, with expectations to reach SAR14.4 billion by 2028, achieving an annual growth rate of 10.4%.

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