All articles tagged with #qiddiya
France and Saudi Arabia struck a €6 billion plan to build three amusement parks near Paris (one manga-themed) near Cergy-Pontoise, led by Qiddiya, expected to create about 22,000 jobs and form part of a broader package of deals in energy, AI, aviation, transport and defense signed during MBS’s visit to Paris.
Saudi Arabia will invest six billion euros ($7 billion) to build three mega theme parks on the outskirts of Paris (Cergy-Pontoise), financed by the Qiddiya entertainment group. Macron called the announcement extraordinary and said the projects would create about 22,000 jobs, with a scale unmatched since Disneyland Paris; one park is rumored to be Dragon Ball-themed.
Qiddiya, a Saudi Arabian mega-city project backed by the Public Investment Fund, has acquired full ownership of RTS, the organizer of the Evolution Championship Series (EVO), aiming to strengthen its position in the esports industry and support EVO's growth. The financial details were not disclosed, and the move follows Qiddiya's previous investment and partnership with EVO, amidst ongoing discussions about the implications of Saudi-backed investments in entertainment.