Turki Al Sheikh, Chairman of the Saudi General Entertainment Authority, declared that the Cassette 90’s concert will be held during the Riyadh season soon.
He wrote on his personal account on Facebook: “I am happy with the success achieved by the Cassette 90’s concert, which brought back our beautiful memories with a wonderful gathering of stars.”
«As a result of this success and in appreciation of these stars, it was decided to hold the concert again on a larger scale during the Riyadh season».
The Cassette 90’s concert, which was held under the auspices of the General Authority for Entertainment, included prominent stars of the nineties, including Hamid Al Shaeri, Ihab Tawfiq, Muhammad Mohi, Mustafa Qamar, Hisham Abbas, Simon, Khaled Ajaj and Hossam Hosni.
Sources familiar with the matter revealed that the concert cost one billion Saudi riyals because the General Authority for Entertainment paid for the travel expenses and hotel accommodations in the most opulent establishments.
Saudi Crown Prince Mohammed bin Salman (MBS) had earlier spent one billion dollars on entertainment events throughout the Kingdom during the past two months.
The sources pointed out that popular singers and dance groups from European countries received huge amounts of money to hold concerts in the Kingdom and to promote it as a touristic destination.
Long known for its ultra-conservative mores, the kingdom has embarked on a wide-ranging program of social and economic reforms driven by its crown prince.
The country that has been better known as the birthplace of Islam than a rave capital has gone through a tremendous makeover since MBS took control of the everyday running of the kingdom in 2017. Soundstorm is an eye-catching symbol of that change.
In 2016, Saudi Arabia established the General Entertainment Authority in tandem with Vision 2030 – the crown prince’s plan to diversify its economy beyond oil, which accounts for more than half of the government’s revenue.
Among its goals was to almost double household spending on cultural and entertainment activities within the kingdom. Riyadh is now seeing more than $64 billion in entertainment investment, with a significant proportion of that going to the live music industry.
The Kingdom also hosted several international sports events and financed others, such as LIV Golf, which is 93% owned by the Saudi Public Investment Fund.
MBS earlier declared the Red Sea Global with an archipelago of more than 50 untouched islands.
He also bought shares valued at about half a billion dollars each in Facebook Inc. US:FB, Walt Disney Co.
He has also bought 8% stake in world’s biggest cruise operator Carnival for $370 million, while he is looking to expand its investments in Hollywood, with a reported bid to buy $12.5 billion Warner Music.
MBS also bought a $500-million yacht in 2015 and was also reported to be the mystery buyer of a $450-million Leonardo da Vinci painting in 2017.
MBS’s Vision 2030 prides itself on offering “world-class entertainment” and says that it has organized up to 3,800 entertainment events in the country, attended by more than 80 million people.
Electronic music, strobe lights, glittered faces and hundreds of thousands of people in mixed-gender gyrations are all part of a new kind of ritual in Saudi Arabia that didn’t exist just three years ago.
