Saudi Arabia has unveiled plans for a performing arts centre in Qiddiya City, the massive sports and entertainment-focused project on the outskirts of Riyadh.
Aiming to welcome more than 800,000 visits annually, Qiddiya Performing Arts Centre will be home to more than 260 indoor and outdoor performances annually, across three theatres, totalling 3,000 seats. Each theatre promises an immersive experience by blending physical and digital elements, Qiddiya Investment Company said.
Striking architectural features include a cantilevered amphitheatre offering expansive views of Qiddiya City plateau and a 500-seat suspended venue.
The centre will use technologies like virtual reality, augmented reality and AI to showcase new productions. There will also be rooftop gardens, art galleries and plenty of green spaces.
Besides the performing arts centre, Qiddiya City will include a gaming and esports district aimed at becoming a global centre for competitions.
The 500,000-square-metre centre aims to host up to 25 esports teams at any time, as well as the regional headquarters of more than 30 video game companies. It plans to welcome 10 million visitors annually by 2030.
Plans are also underway for a speed park, golf courses, a water theme park and Six Flags Qiddiya.
Authorities announced in December that contracts worth 10 billion Saudi riyals ($2.66 billion) had been awarded so far.
"Qiddiya City embodies our commitment not only to entertainment and sports but also to the preservation and elevation of Saudi culture," said Abdullah Aldawood, managing director of Qiddiya Investment Company. "The introduction of the Qiddiya Performing Arts Centre heralds a new era of artistic expression and community engagement."
Part of the kingdom's Vision 2030 economic diversification agenda, Qiddiya City will include 60,000 buildings covering an area of 360 square kilometres and is expected to eventually have more than 600,000 residents. It is expected to create more than 325,000 jobs, yielding a nominal gross domestic product of 135 billion riyals ($36 billion) a year.
The project is also hoping to attract about 48 million visits per year.
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
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