Global Trade Alert
Global Trade Alert

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

Announcement

17 May 2023

In the month of May 2023, the Saudi Cultural Development Fund launched the Film Sector Financing Initiative worth SAR 300 million (approx. USD 80 million).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 May 2023

Revocation date:

No revocation date

Updated: 17 May 2023
State aid, unspecified In force

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 in...

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