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

Written By Sahar Yousefi

A Saudi Arabian investment firm is setting up a $100 million fund to invest in the kingdom’s film industry, one of the first such bets on the region’s fastest-growing movie production markets.

The Saudi Film Fund, a partnership between MEFIC Capital and Roaa Media Ventures, will collaborate with major international studios and “provide content that reflects Saudi culture and values,” according to a statement Monday.

Sahar Yousefi
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