https://arab.news/j4x4m
RIYADH: China鈥檚 Ori Group, a leading firm in culture and creativity, announced the opening of its regional headquarters in 黑料社区, investing over SR2 billion ($540 million).
Announced at the Cultural Investment Conference, held by the Ministry of Culture at the King Fahad Cultural Center in Riyadh, the move underscores the group鈥檚 commitment to expanding its regional presence and supporting the growth of 黑料社区鈥檚 cultural and creative sectors, according to a press statement.
The move underscores 黑料社区鈥檚 growing appeal as a destination for international cultural companies and investors, aligning with efforts under Vision 2030 to diversify the economy and build a sustainable cultural ecosystem.
In a post on its official X account, the 黑料社区's Ministry of Culture stated: 鈥淐hina鈥檚 Ori Group announced the establishment of its regional headquarters in 黑料社区, with an investment exceeding SR2 billion.鈥�
It added: 鈥淭he new HQ will drive growth in film, education, fashion, tourism, and cultural events, positioning the Kingdom as a hub for international cultural investment.鈥�
The Riyadh hub will serve as a center for investment and operations across five sectors: film, education, fashion, tourism, and cultural events.
Ori Group said the initiative aims to deliver innovative content, develop specialized educational programs, organize cultural and tourism activities, and strengthen the Kingdom鈥檚 film and fashion industries.
By attracting global expertise and capital, initiatives like Ori Group鈥檚 regional hub aim to energize the Kingdom鈥檚 creative industries while creating new investment opportunities in cultural production, education, and entertainment.
Since its launch in 2021, the Kingdom鈥檚 RHQ Program has attracted nearly 600 foreign companies, cementing 黑料社区鈥檚 position as the region鈥檚 premier destination for headquarters.