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Saudi Arabia's Cultural Development Fund Investing Millions in the Kingdom's Film Sector

In a recent announcement, Saudi Arabia's Cultural Development Fund (CDF) is set to invest in the Kingdom's film sector a staggering SR879 million, or over $230 million, which will help promote film productions and distributions across the country. Seventy percent of this funding will be used towards development and distribution of digital contents, while 30 percent for ....

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