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WEF 2022: Head of Ƶ’s AlUla project highlights importance of investing in arts, culture

WEF 2022: Head of Ƶ’s AlUla project highlights importance of investing in arts, culture
Royal Commission of AlUla's CEO Amr Al-Madani participates in a dialogue on social economy hosted by Misk Foundation on May 23, 2022 at the WEF in Davos. (Twitter photo)
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Updated 27 May 2022

WEF 2022: Head of Ƶ’s AlUla project highlights importance of investing in arts, culture

WEF 2022: Head of Ƶ’s AlUla project highlights importance of investing in arts, culture
  • ‘Art creators as important as infrastructure,’ Amr Al-Madani tells Davos panel session via livestream

DUBAI:Ƶ’shead of the Royal Commission for AlUla has praised the role of artsand culture in sustaining resilient and creative communities, saying that investing in art creators is important to economies and to the healthy growth of societies.

Speaking during a livestreamed panel session called “Culture Shock”atthe World Economic Forum in Davos on Tuesday, Amr Al-Madani described artists as “resilient,” adding that“art creators are essential contributors to the economy and healthy growth,” and “are as important as infrastructure and assets.”

He added: “For those who are in the investment world, your capital with the artists and creatives will always have much higher return than your capital invested anywhere else, in the long term.”

The panel session was moderated byJeanne Bourgault,president and CEO of Internews.

Bourgaultasked Al-Madani to outline cultural preservation initiatives as well as the economic development taking place as part of the regeneration of AlUla, Ƶ’s first UNESCO World Heritage Site.

“To me, culture is really a manifestation of who we are as a society,” Al-Madani said.

“If we use the expansive definition of culture, it’s an ever-evolving implementation of where we have been, and who we have been, and where we intend to be.”

He said that this understanding is pivotal when working on a project that involvesa World Heritage Site which has been “a capital of many ancient civilizations for thousands of years and a cultural capital of the world.”

The panel also featured Platon, the photographer and founder of the People’s Portfolio, a nonprofit organization that uses portrait photography to highlight humanitarian efforts worldwide.

Anna Konig Jerlmyr, Stockholm’s mayor, discussed the significance ofthe arts sector and how those in the arts industry had been hit by restrictions introduced to contain COVID-19.

Under the lockdown in March 2020, many theaters, cinemas, concert venues, book shops and museums were closed.This added to the burden facingartists struggling to make a living, and contributed to the revenue decline for cultural industries, she said.

However, the restrictions pushed artists to find more creative ways to reach those forced to remain home as a result of COVID-19 curbs.

Al-Madani said: “During the pandemic we believed that the loss of any creator was not acceptable.”

Throughout February and March,Desert X AlUla,asite-responsive, international open-air art exhibition, was staged in partnership with a California-based not-for-profit organization.

The event included works by female artists. More than half of the artists taking part were women, he added.