Saudi Arabia unveils $100m film fund in entertainment push
The fund will collaborate with major international studios and provide content that reflects Saudi Arabia’s culture and values.
Source: gulfbusiness.com
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Saudi Film Fund Geared toward Advancing Investment in Film Content
MEFIC Capital launched on Monday the Saudi Film Fund with a total capital of SAR375 million, including a 40% investment from the Cultural Development Fund, underscoring the attractive investment landscape in the Kingdom's film and media sector. The fund aims to spur investment in this industry and provide financing for innovative content production and distribution projects infrastructure.
Source: aawsat.com
Saudi Cultural Development Fund launches Film Investment Program with $80mln budget
This Film Investment Fund aims to invest in or provide funding to the companies and projects in the Saudi film sector; provide network support through mentors, business leaders, and distribution networks; and ensure proper risk management for investment portfolios
Source: zawya.com
Saudi Cultural Development Fund Launches Film Investment Program with SR 300 million Budget and Announces its Partnership to Establish the First Film Investment Fund with SR 375 million Budget
/PRNewswire/ -- The Saudi Cultural Development Fund (CDF) has launched the Film Investment Program with a budget of SR 300 million under the Film Sector...
Source: prnewswire.com
CDF launches film investment program with SR300 million budget
The investment program was announced during the Cannes Film Festival, which is currently taking place in France from May 16 to 27.
Source: saudigazette.com.sa