Saudi Arabia is expanding its economy through the growing Saudi entertainment industry, aiming to reduce its reliance on oil. This strategic move supports job creation, tourism, and real estate development across the Kingdom.
Recently, more Saudi citizens have embraced local leisure activities. About 33% plan to spend more on outside-the-home experiences. This surge highlights the rising value and influence of the Kingdom’s entertainment sector in daily life.
In addition, business activity is increasing. The Kingdom saw a 20% rise in new registrations for arts and entertainment. Amusement parks also grew by 26%, and innovative entertainment activities expanded by 30%. These figures reflect strong momentum in the Saudi entertainment industry.
Notably, tourism is another key factor. Major events and attractions now draw both domestic and international visitors. As a result, hotel occupancy and airline bookings continue to climb. Tourists also spend more time and money in Saudi cities.
Saudi Arabia’s entertainment sector also drives expansion in hospitality and retail. Shopping centers and multi-use projects see more visitors. At the same time, restaurants, hotels, and local transport services enjoy stronger demand.
Younger Saudis play a vital role. Most are under 35 and regularly spend on local experiences. This generation values events, shows, and culture more than material items. Their preferences drive change within the Saudi entertainment industry.
Moreover, government forecasts are optimistic. Authorities expect the industry to create 450,000 jobs and contribute 4.2% to the national GDP. This prediction shows the growing influence of the Saudi entertainment industry on the overall economy.
Real estate trends support this shift. Developers now include entertainment zones in new projects. Locations like Qiddiya and AlUla create demand for hotels, dining, and lifestyle-based real estate. These developments raise land values and attract more investment.
Additionally, the sector attracts global partners. Saudi Arabia’s sovereign wealth fund supports large projects and strategic deals. Foreign companies now see the Saudi entertainment industry as a strong entry point into the market.
Cinema also continues to grow. The Kingdom now has over 600 screens. Box office revenues have doubled, thanks to more local productions and international releases.
Looking forward, Saudi Arabia plans to invest in virtual reality parks, esports, and immersive experiences. These efforts aim to build a strong, self-sustaining Saudi entertainment industry that supports culture, innovation, and economic resilience.