Variety: New $100 Million Saudi Film Fund Chief Talks Need for Investments in Production and Infrastructure

Ahead of Saudi Film Confex, Variety spoke with RMA Ventures chairman Redha Alhaidar, who noted that since the kingdom lifted its religion-related ban on cinemas in 2018 and started setting the wheels of Saudi Arabia’s film industry in motion “the quality of the [local] projects today is much better,” adding that he thinks “this will continue to develop because we see a lot of talent coming into the pipeline after realizing that the ecosystem is open and enabling.”

Alhaidar, who is also a former president of the General Commission of Audiovisual Media (GCAM) – which is the Saudi’s media industry’s regulatory body – took questions from Variety about the specifics of the new first-of-its-kind Saudi Film Fund.

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Bloomberg: Saudi Arabia Pushes Deeper Into Entertainment With New Film Fund