Saudi Arabia’s EIF and Legends Global Score Big Joint Venture Announcement
Saudi Arabia’s Event Investment Fund (EIF) and Legends Global have announced a joint venture to support the Kingdom’s vision and investment in its fast- growing venue industry. This partnership will become the venue operator for venue projects within the Kingdom of Saudi Arabia for exhibition and convention centres, and entertainment venues to host world-class events in the culture, entertainment, tourism, and indoor sports sectors. This incredible investment supports the goals of Vision 2030, and represents a new era in the design, development, and operation of world-class venues across the Kingdom of Saudi Arabia. Under the joint venture, Legends Global will deliver
Management Services exclusively for the EIF- developed venues as they are delivered in Saudi Arabia. The signing ceremony took place today at the Momentum Development Conference in Riyadh, Saudi Arabia. The first venue to be delivered under the agreement will be an Olympic standard shooting range in Riyadh, followed by a business convention and exhibition centre and an arena in Riyadh. Wahdan Suliman Alkadi, Chief Executive Officer at EIF, said: “This joint venture with Legends Global is a defining moment for Saudi Arabia’s events sector. By combining EIF’s
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