Events Investment Fund

. . . 2030 . EIF aims to develop a sustainable infrastructure for the culture, tourism, entertainment, and sports sectors across the Kingdom by building venues ready to host world-class events. These venues will include indoor arenas, art galleries, theaters and conference centers, horse-racing tracks and autodromes. The fund will be capitalized to develop unique venues across the Kingdom, which will facilitate the successful delivery of the ambitious national events agenda. The fund will further raise capital by developing partnerships within the private sector and providing high-return investment opportunities to these partners. This will attract foreign direct investment and ensure the financial sustainability of the fund. EIF is aligned with the Saudi Vision 2030 for economic diversification. It will support the growth of tourism and will also drive wide-reaching social benefits by enriching...