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Saudi Arabia is considering canceling the Joy Awards 2027, a ceremony honoring entertainment industry creators, due to financial pressures and a reassessment of spending priorities within plans to reduce cultural and entertainment sector expenditures. This comes as part of efforts to diversify the economy and lessen reliance on oil under Vision 2030. The decision follows previous successes of the event in attracting international and Arab stars, making it one of the kingdom's most prominent entertainment events. Sources confirm that financial pressures have led to the postponement or cancellation of many events and projects, despite Saudi Arabia's continued efforts to develop the entertainment sector amidst economic challenges.
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