Saudi Arabia to host more than 100 cultural initiatives, engagements and events before the end of 2021 to highlight its creative dynamism
RIYAD from Saudi Arabia, October 29, 2021 / PRNewswire / – During the Future Investment Initiative (FII) in Riyadh today, Deputy Minister of Culture, His Excellency Hamed ben Mohammed Fayez, highlighted an impressive list of over 100 cultural initiatives, engagements and events taking place in the Kingdom before the end of the year.
The dynamic and varied program includes many events led by the 25 cultural institutions that the Ministry of Culture has launched since its establishment three years ago.
During the panel presentation, HE Fayez said that Saudi culture is being discovered and energized on an unprecedented scale and pace, that the Kingdom’s ambitions present many opportunities for the local and international private sector, and that Saudi Arabia already actively contributes to the global creative industry.
“It is an exciting time for culture in Saudi Arabia. In the coming weeks alone, we will be hosting our first major international film festival, our first art biennial and international festivals like Fashion Futures and MDLBeast, ”said SE Fayez. “These events stem from the Kingdom’s constant progress in nurturing creativity and creating a Kingdom’s cultural economy.”
In other signs of rapid progress and renewed ambition, the ministry has developed a strategy that will open up new opportunities for cultural investment through PPP or joint ventures, strengthen the infrastructure around the creative industries, and facilitate regulation. to enable businesses to thrive. Coupled with growing demand for culture across the Kingdom, the changing Saudi cultural landscape has already caught the attention of international investors.
HE Fayez was quick to point out that the ministry’s role was not limited to promoting creative industries within the Kingdom, but also to increasing and improving the quality of cultural exchanges with its global peers.
“I am deeply proud that the Kingdom has succeeded in campaigning for culture and the creative industries to be officially part of the conversation at the G20,” HE Fayez said during his roundtable. “It started during the Saudi presidency last year and has continued, which means that we have ensured that culture has a permanent place in G20 considerations and is part of the global economic agenda.”
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SOURCE Ministry of Culture of Saudi Arabia