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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Omar al-Badwi

Saudi Arabia Supports Film Sector with $234.4 Million

CDF Kingdom
The Saudi Cultural Development Fund allocated 70% of its budget to developing film content and 30% to establishing companies (Asharq Al-Awsat)

The Saudi Cultural Development Fund (CDF) launched a $234.4 million program to finance the film sector in the Kingdom.

The program aims to support the film industry, provide financing solutions that facilitate the work of local and foreign film companies and creative entrepreneurs, sustainably stimulate the sector’s growth, and transform the Kingdom into a hub for making and investing in films.

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