Prime Highlights:
- Saudi Arabia’s Event Investment Fund (EIF) teams up with Legends Global to grow the Kingdom’s events and entertainment sector and support Vision 2030.
- The partnership will create a new generation of world-class venues for culture, tourism, sports, and entertainment.
Key Facts:
- Legends Global will manage all EIF venues across Saudi Arabia, including convention centres, entertainment hubs, and indoor sports facilities.
- The joint venture aims to make Saudi Arabia a leading destination for world-class events, business, and cultural experiences.
Background:
Saudi Arabia’s Event Investment Fund (EIF) has teamed up with international company Legends Global to grow the Kingdom’s events and entertainment sector and support Vision 2030.
Legends Global will manage all EIF venues in Saudi Arabia, including convention centres, entertainment spaces, and indoor sports facilities. The partnership aims to create a new generation of world-class venues for culture, tourism, sports, and entertainment.
The agreement was officially signed during the Momentum Development Conference in Riyadh. The first projects under the partnership include an Olympic-standard shooting range, a major convention and exhibition centre, and a multi-purpose arena.
Wahdan Suliman Alkadi, CEO of EIF, said, “Partnering with Legends Global is a milestone for Saudi Arabia’s events industry. Combining EIF’s vision with Legends’ operational expertise will set new standards in venue quality and guest experience, while also creating opportunities for local talent and supporting economic growth.”
Dan Levy, CEO of Legends Global, added, “This collaboration allows us to help shape the future of Saudi Arabia’s events industry. Our experience working worldwide will bring the best practices to Saudi Arabia, attract visitors, promote cultural exchange, and support economic growth in line with Vision 2030,” said Dan Levy, CEO of Legends Global.
Harvey Lister AM, President and CEO for Asia Pacific and the Middle East at Legends Global, added that combining local culture with global expertise will create a lively network of venues, drawing international artists, sports events, and business conferences alongside local programs.
The partnership will improve how people in Saudi Arabia experience entertainment, business, and cultural events, making the Kingdom a top destination for world-class venues.
