<p class="MsoNormal"><span style="line-height:107%">Saudi Arabia announced Tuesday the formation of a new fund<span style="color:#202124"><span style="background-color:#ffffff">—</span></span>Events Investment Fund (EIF)<span style="color:#202124"><span style="background-color:#ffffff">—</span></span>to develop a sustainable infrastructure for the tourism, entertainment, cultural and sports sectors across the kingdom. </span></p>