Saudi Arabia has announced a significant increase in subsidies for film and television productions, from 40% to 60%, during the Cannes Film Festival. The Saudi Film Commission presented an updated reimbursement program, stating that it will support all stages of production through clear processes and competitive financial support. Rasha AlEmam, CEO of Yellow Camel Studios, emphasized that the systems and processes are now well-defined, making the program more accessible for producers. Abdullah bin Nasser Al-Qahtani, CEO of the Film Commission, stated that the goal is to build a sustainable film sector that encourages partnerships and attracts quality investments, thus contributing to the development of local talent. This initiative comes following the lifting of a 35-year ban on cinema in 2017, marking an important step in the evolution of the film industry in the kingdom.
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