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Press Dossier   By Date  01/10/2025
Saudi Arabia set for 4.6% GDP growth in 2026 — pre-budget statement
Saudi Arabia is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities.
Saudi Film Fund rebrands as Riviera Content, unveils $8.7m film investments
The Saudi Film Fund has rebranded as Riviera Content and announced two new film investments valued at more than SR32.5 million ($8.7 million),
Investment Ministry, Cultural Fund sign deal to attract international companies
The Ministry of Investment has signed a memorandum of understanding with the Cultural Development Fund to explore areas of cooperation in cultural investment and attract international companies to the Saudi cultural sector.
Colnaghi launches first Middle East gallery in Riyadh with $2.7m investment
Colnaghi, one of the world’s oldest art galleries, has signed an agreement with Sarat Investment Holding to open its first gallery in the Middle East.
Saudi fund leads investors in $55bn buyout of games maker Electronic Arts
Saudi Arabia’s Public Investment Fund is leading a consortium of investors, including Jared Kushner’s Affinity Partners and private equity firm Silver Lake, to acquire Electronic Arts, the popular video game developer, in an unprecedented $55 billion deal.
China’s Ori Group establishes Saudi regional HQ with $540m investment
China’s Ori Group, a leading firm in culture and creativity, announced the opening of its regional headquarters in Saudi Arabia, investing over SR2 billion ($540 million).
KSA signs air transport agreements with 17 countries
The Kingdom of Saudi Arabia signed a series of bilateral agreements and memoranda of understanding with 17 countries during the 42nd General Assembly of the UN International Civil Aviation Organization, the SPA reported on Tuesday.
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