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Business Daily
Saudi Arabia's Hollywood dream
Jan 21, 2025
Discover how Saudi Arabia transformed from banning cinemas to embracing a vibrant film industry. Explore the excitement of the Red Sea International Film Festival, where local talent shines and international filmmakers are attracted by generous incentives. While celebrating this cinematic renaissance, the discussion also touches on ongoing human rights concerns related to major development projects, emphasizing the need for ethical practices in the thriving business landscape.
17:49
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Quick takeaways
- Saudi Arabia's film industry has rapidly evolved since 2018, attracting foreign filmmakers with financial incentives and a commitment to entertainment.
- The growth of Saudi cinema raises ethical concerns regarding human rights linked to investments from the Public Investment Fund and large development projects.
Deep dives
Transformation of the Saudi Film Industry
The Saudi film industry has undergone significant transformation since cinemas were reopened in 2018, marking a pivotal moment in Crown Prince Mohammed bin Salman’s Vision 2030. The Red Sea International Film Festival symbolizes this cultural shift as it showcases local and international talent, highlighting the kingdom's new commitment to entertainment. Saudi filmmakers now have opportunities to share their unique stories on a global stage, and more voices from within the region are emerging, including promising talents recognized at events like the Arab Stars of Tomorrow program. This revival is further fueled by substantial investment, as the kingdom aims to position itself as a vibrant hub for film and cultural production.
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Discover
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