Variety: Saudi Arabia at Cannes Unveils Two Film Funds Worth a Total $180 Million To Grow Local Industry

Saudi Arabia is flying the flag at the Cannes Film Festival where the kingdom’s Cultural Development Fund officially unveiled two separate film sector funds worth a total of $180 million aimed at fostering the local film industry and attracting international industry players.

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Arab News: Saudi Arabia announces inaugural $100m film fund at Cannes Film Festival