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Global Trade Alert

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Saudi Arabia: Launch of the SAR 300 million Film Sector Financing Initiative

Description

On 16 May 2023, the Cultural Development Fund announced the launch of the Film Sector Financing Initiative worth SAR 300 million (USD 80 million). The film investment fund will reportedly aim at inves...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 May 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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