Skip to content
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Watch Online
  • Home
  • International News
  • Saudi Arabia to spend $13.33 bn to improve quality of life
  • International News

Saudi Arabia to spend $13.33 bn to improve quality of life

Admin May 4, 2018

Crown Prince Mohammed bin Salman

Crown Prince Mohammed bin Salman

Saudi Arabia says it will spend 50 billion riyals (13.33 billion dollars) by 2020 on an initiative to promote entertainment, health, sports and education as part of a modernizing drive by Crown Prince Mohammed bin Salman.

At an event in Riyadh, Ahmed al-Khatib, chairman of the General Entertainment Authority (GEA), said the program, called Quality of Life, should generate 300,000 jobs by 2020, most of which will come under the General Sports Authority.

“The initiatives will cost a total of 50 billion riyals, and government spending will be around 60 percent, with 40 per cent from the private sector,” Khatib told Reuters.

“The entire benefit from this big spending will be for the private sector, and this supports the 2030 Vision that strengthens the role of the private sector.”

The kingdom has undergone many changes in recent months, holding concerts and opening cinemas.

The moves in the deeply conservative Muslim kingdom are hailed as proof of progress spearheaded by Prince Mohammed, who has appealed to the young since he ascended to power.

The kingdom’s strict social customs and rapid development created a nation in which community is highly valued but opportunities for public gathering are scarce.

Obesity rates are also high.

Many Saudis revere the harsh life of the country’s Bedouin forebears.

Saudi citizens have no vote and falling oil income means economic horizons may contract in coming years.

As a result, improving the quality of life is seen as important for ensuring political stability.

International human rights groups also urge the kingdom to improve its treatment of human rights advocates, stop executions and cancel its pervasive system of male guardianship.

At the event, Khatib listed a water park, three theme parks, museums and more cinemas as projects in the initiative, which is itself part of a National Transformation Plan that includes hundreds of steps to modernise the economy and society by 2020.

Retired French footballer Thierry Henry, American actress Katie Holmes and British actor Idris Elba attended the event, invited to promote the initiative and Saudi Arabia’s image to an international audience.

Saudi female fencer Lubna al-Omair told the crowd she enjoyed riding her bike and going to museums when she did her master’s abroad.

“One of the things I was worried I would lose (when I moved back) was the sport I had gotten attached to and that had become a part of me,” she said, adding that now she could practice fencing.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ahmed al-Khatib Crown Prince Mohammed bin Salman General Entertainment Authority (GEA) Quality of Life saudi arabia

Post navigation

Previous New minimum wage increase will create jobs, improve economy — NLC
Next Association wants 5% jobs in govt establishments reserved for disabled

Related Stories

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others
  • International News

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

November 4, 2026
Another Nigerian shines on global stage: Meet Nigerian-born UK nominee now elected ICJ judge
  • International News

Another Nigerian shines on global stage: Meet Nigerian-born UK nominee now elected ICJ judge

November 4, 2026
NNPC IPO will likely start with 5% to 10% listing, CEO says
  • International News

NNPC IPO will likely start with 5% to 10% listing, CEO says

November 3, 2026

You may have missed

Dangote Cement scraps London listing, blames market conditions in blow to LSE
  • Business & Economy

Dangote Cement scraps London listing, blames market conditions in blow to LSE

November 10, 2026
Over 28,000 Victims Rescued as NAPTIP Secures 857 Convictions in National Anti-Trafficking Drive irregular migration
  • National News

Over 28,000 Victims Rescued as NAPTIP Secures 857 Convictions in National Anti-Trafficking Drive

November 10, 2026
Nollywood Star Offers N1m Bounty Over YouTube Copyright Claim on New Movie
  • metro

Nollywood Star Offers N1m Bounty Over YouTube Copyright Claim on New Movie

November 10, 2026
Police confirms escape of 2 prison inmates in Kogi, launch manhunt Police
  • metro

Police confirms escape of 2 prison inmates in Kogi, launch manhunt

November 10, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Copyright © All rights reserved. | DarkNews by AF themes.