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Saudi Arabia launches $234m funding program to boost Kingdom’s growing film sector

Saudi Arabia’s Cultural Development Fund has launched a $234 million Film Sector Financing Program to prop up the budding film sector in the Kingdom. 

As the name suggests, it is aimed at supporting the Saudi film industry by offering financial packages to local and foreign firms to empower the private sector and boost local content. 

The packages will be broadly focused on small and medium enterprises in the sector. 

Link: https://www.arabnews.com/node/2271416/business-economy

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