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EIF launches $131m Riyadh entertainment complex

The Events Investment Fund (EIF) has unveiled its first landmark project, the Riyadh Shooting Range and Entertainment Complex, with an investment exceeding $131m.

Spanning 457,000 sqm, the complex will feature family and corporate entertainment as well as a world-class shooting sports venue equipped to host national and international events, including Olympic, World Cup, and Asian Games competitions.

The facility is part of Qiddiya City, Saudi Arabia’s global entertainment and tourism hub. The project is expected to create more than 2,300 jobs and attract over 400,000 visitors annually.

Gulf Economist Staff Writer