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article policy schedule Feb 23, 2026 visibility 20 link 4 artists

saudi arabia scales back

Saudi Arabia is significantly scaling back its ambitious "Vision 2030" cultural and infrastructure spending due to falling oil prices and massive budget overruns. Major international projects, including a $200 million investment deal with the Metropolitan Opera in New York and funding for the Centre Pompidou’s refurbishment, are currently in limbo or facing payment delays. Reports of unpaid invoices to art service firms and the halting of "gigaprojects" like Neom suggest a period of financial retrenchment for the kingdom.

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article policy schedule Oct 2, 2025 visibility 13 link 2 artists

saudi arabia deutsche bank ink cultural partnership

Saudi Arabia announced over 5 billion Saudi riyals ($1.3 billion) in new cultural funds and agreements at the first Cultural Investment Conference in Riyadh, held under Crown Prince Mohammed bin Salman. Key initiatives include a partnership with Deutsche Bank for training and cultural exchanges, and the immediate establishment of the Riyadh University of Arts, set to open in 2026 with courses in film, performing arts, and theater. The Ministry of Culture also signed a memorandum of understanding with the Royal Commission for AlUla to boost cultural infrastructure in the AlUla oasis.

newspaper ARTnews open_in_new Read original

article policy schedule May 15, 2025 visibility 16 link 1 artist

Smithsonian's National Museum of Asian Art and Saudi Arabia strike deal to collaborate on exhibitions, conservation and more

The Smithsonian's National Museum of Asian Art (NMAA) has signed a partnership agreement with Saudi Arabia's Royal Commission for AlUla (RCU) to collaborate on exhibitions, conservation, research, and staff exchanges. The deal, signed on May 14 by NMAA director Chase Robinson and RCU CEO Abeer AlAkel, focuses on the ancient site of Dadan, a capital of the Lihyanite and Dadanite civilizations. The partnership covers joint conservation and research projects, exhibition loans, and professional development over four years.

newspaper The Art Newspaper open_in_new Read original