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  • 20-12-22

    Saudi Ministry of Culture, ROSHN ink MoU to additionally grow cultural industry

    (MENAFN) In an effort to sustain and additionally improve Saudi Arabia’s cultural industry, the nation’s Ministry of Culture has inked a memorandum of understanding with national property developer ROSHN Real Estate.

    Via planned cooperation, the ministry seeks to additionally improve the nation’s cultural system and surge the rate of effectiveness and impact of the industry overall, according to Deputy Minister of Culture Hamid Fayez.

    The deal involves strategic sponsorship that comes along with the actions and cultural sponsorship plans started by the Ministry of Culture, as said in a press announcement.

    Additionally, ROSHN chief executive David Grover stated that the MoU also cements the firm's attempts to sustain and additionally improve the nation’s ancient heritage.

    Under the recent MoU, the Public Investment Fund-possessed developer is preparing an amount of global cultural programs in addition to events for the next year to enrich the lives of citizens through Saudi Arabia, the press release also mentioned.

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