The Saudi bet on cultural investment: Where strategy meets story

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As Saudi Arabia prepares to mark the 10th anniversary of the launch of Vision 2030 next April, few areas better capture the pace and philosophy of its transformation than the cultural sector. Once seen as peripheral to national development, culture is now recognized as a strategic asset, central to economic planning, diplomacy and national self-understanding.

The inaugural Cultural Investment Conference, scheduled for Sept. 29-30 at the newly renovated King Fahad Cultural Center in Riyadh, formalizes this shift. Held under the patronage of Crown Prince Mohammed bin Salman, the conference brings together arts practitioners, government officials, policymakers, investors, diplomats, international institutions and public intellectuals around a shared recognition: that culture is investable and that the investment begins with how a nation tells its story and empowers others to do the same.