Saudi Arabia to invest â¹4 lakh crore in entertainment sector
The head of Saudi Arabia's General Entertainment Authority has said that the kingdom will invest $64 billion ( over â¹4 lakh crore) in developing its entertainment sector over the next decade. The investment is part of the Vision 2030 plan, which was unveiled by Crown Prince Mohammed bin Salman in 2016. Last year, Saudi lifted a ban on commercial cinemas.