KSA Macroeconomic Assessment of Population Disparities in Various Regions of the Country : Ken Research

Story Outline Saudi Arabia’s population is concentrated in urban areas like Riyadh, Jeddah, Mecca, and Medina, leading to regional disparities. Urban areas drive GDP growth and offer job opportunities, while less populated regions face economic challenges. GDP per capita, employment rates, and economic sectors vary significantly across regions. Vision 2030, The ambitious program aims to… Read More »

Macroeconomic Assessment Of The Kingdom Of Saudi Arabia In 2023 : Ken Research

Story Outline Saudi Arabia heavily relies on oil revenues, making it vulnerable to global oil market fluctuations. Vision 2030 aims to diversify the economy and reduce this dependency. Economic Diversification and Vision 2030: Vision 2030 is a long-term economic blueprint focusing on tourism, renewable energy, and non-oil sectors to achieve sustainable growth and job creation.… Read More »

Saudi Arabia Entertainment Industry Future Outlook: Ken Research

VR Gaming centers, trampoline parks, bowling alleys, and family entertainment centers are expected to see greater footfall as these destinations will be spread across major cities across Saudi Arabia. The percentage of household expenditure spent on leisure and entertainment is expected to rise from 2.9% in 2019 to 6% by 2025, which is forecasted to… Read More »

Saudi Arabia Amusement Park Market Outlook: Ken Research

The Saudi Amusement Park industry can be dated to 1986, when Atallah Theme Park was opened in 1986 across 45,000 square meters, followed by a renewal in 2008 and renovation and grand opening in 2010. Al Shallal theme park began construction in 1999 and became operational in 2004. The park is the topmost grossing theme park… Read More »

Saudi Arabia Movie Theater Market Research Report: Ken Research

How Is Saudi Arabia Movie Theater Industry Positioned? The Saudi Kingdom after a 35-year hiatus, brought back film exhibition in the country in line with its vision to make Saudi Arabia an entertainment hub in the middle east.  SEVEN, a subsidiary of the country’s sovereign wealth fund PIF entered into a joint venture with AMC… Read More »

Saudi Arabia’s Government’s Major Focus on Entertainment Sector including Movie Theaters, FEC’s, recreation centers and amusement parks driving Leisure and Entertainment Sector during 2014-2019: Ken Research

The Movie Theater market saw large investments, from international, regional and local movie theater companies, in the period 2018-2019 with 7 companies receiving operating licenses from GCAM, of which 3 companies set up more than 110 screens across 11 locations at the end of 2019. Financial Assistance:  Saudi Entertainment Ventures, SEVEN, has been promoting investment in… Read More »