CDF’s film sector financing program budget of $234m announced at Riyadh event

RIYADH: The Cultural Development Fund has announced the launch of a film sector financing program with a budget of SR879 million ($234 million) on the sidelines of the Ignite the Scene event in Riyadh.

It is an initiative of the Ignite Digital Content Program, and will contribute to the Saudi film sector and promotion of digital content.

Ignite the Scene is organized by the Saudi Ministry of Communications and Information Technology and will run until March 18 at the King Abdullah Financial District.