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Saudi Arabia cancels next year's awards
Reuters has revealed that Saudi Arabia will cancel the upcoming Entertainment Industry Awards ceremony scheduled for January, due to financial pressures and the repercussions of the war with Iran. This is part of a realignment of spending priorities and a reduction in budgets for culture and entertainment as part of the "Vision 2030" plan. The event is one of the most prominent artistic occasions in the kingdom and has historically attracted international stars. However, it is currently halted as the government shifts towards reducing expenses on major projects like NEOM and other initiatives, alongside a decline in funding for some entertainment and sports programs.
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