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article policy schedule Oct 2, 2025 visibility 3 link 1 artist

saudi arabia deutsche bank ink cultural partnership 1234754701

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.

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article policy schedule Oct 2, 2025 visibility 4 link 1 artist

saudi arabia deutsche bank ink cultural partnership 1234754701

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 developments include a partnership with Deutsche Bank for training and cultural exchanges, the immediate establishment of the Riyadh University of Arts (opening 2026 with film, performing arts, and theater programs), and a memorandum of understanding between the Ministry of Culture and the Royal Commission for AlUla to boost cultural infrastructure in the AlUla oasis.

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article policy schedule Nov 6, 2025 visibility 3 link 1 artist

Louvre’s €666m plans for new entrance ‘financially unsound’—and security should come first—auditor says

A report from the Cour des comptes, France's state auditing body, has deemed the Louvre's €666 million plan for a new entrance and subterranean complex around the Mona Lisa as "financially unsound." The report, released on November 6 by chairman Pierre Moscovici, criticizes the museum's management under director Laurence des Cars, highlighting severe delays in security upgrades—only 4% of an €83 million infrastructure budget has been spent since 2018. The audit follows an audacious heist of French crown jewels on October 19, which the report says was enabled by inadequate security. It urges the Louvre to prioritize a €450 million infrastructure plan over the grand renovation project, which has already seen a 45% cost overrun from its initial €450 million estimate.

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