PIF’s Seven begins operations on USD266m entertainment location in Tabuk
(MENAFN) The Saudi Entertainment Ventures, also recognized as Seven, has begun the building of its SR1 billion (USD266 million) entertainment location in Tabuk, the totally possessed subsidiary of the Public Investment Fund showed on Tuesday.
The destination is going to alter the entertainment landscape of the Tabuk area with a massive range of attractions and understandings, according to an announcement released at the Municipal Investment Forum being hosted in Riyadh by the Ministry of Municipal and Rural Affairs.
“We are excited to be bringing our exciting new entertainment experiences to the people of Tabuk,” as stated by Seven Chairman Abdullah AlDawood.
Adding “Our entertainment destination gates will support the local economy, create job opportunities for the city’s people, and enrich the lives of those living in and visiting Tabuk.”
Fakher AlShawaf, Group chief executive, of Albawani Holding, asserted that “We are thrilled to be part of Seven’s entertainment project in Tabuk. Our commitment to Seven is to deliver world-class entertainment facilities. The entertainment sector is growing rapidly in the Kingdom, and we aspire to support it to become a social and economic catalyst.”
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