Saudi PIF unit SEVEN to construct $266m entertainment hub in Tabuk
Saudi PIF unit SEVEN to construct $266m entertainment hub in Tabuk
Saudi PIF unit SEVEN to construct $266m entertainment hub in TabukKey Takeaways
AIThe Saudi Entertainment Ventures Company (SEVEN) has publicized the development of an entertainment hub in Tabuk, with a total value of over one billion riyals ($266 million), Saudi Press Agency reported on Friday. Upon its completion, the project will have 72,500 square meters of construction space, which will be occupied with entertainment attractions, sprees, cafes, and eateries.
SEVEN Board Chairman Abdullah bin Nasser Al-Daoud said the project, which was revealed during the Municipal Investment Forum (Foras) in Riyadh, purposes to boost the entertainment scene in the city. The project, which is situated on King Faisal International Road, consists of an integrated open village across from a colored glass canopy stimulated by local arts.
In the center of the site will be a water tower inspired by Tabuk's agricultural heritage. The project will also highlight an indoor adventure hub, which offers an experience that blends entertainment and education in partnership with Warner Bros.
Go-karting, an indoor golf course, a bowling alley, and a cinema will be open to people of all ages. SEVEN, a wholly possessed subsidiary of the Public Investment Fund, plans to capitalize over 50 billion riyals to develop 21 entertainment hubs across Saudi Arabia.
