DUBAI (Arabnews): Saudi Arabia’s Film Commission deliberated on the future of the Kingdom’s film industry at a panel at the Venice International Film Festival in Italy on Monday.
Abduljalil al-Nasser, director general of Sector Development and Attracting Investments at the Commission, participated in the panel. Also participating were Film AlUla CEO Charlene Deleon-Jones, Shivani Pandya, managing director at the Red Sea International Film Festival, and Wayne Borg, managing director of Media, Entertainment, Culture and Fashion Industries at NEOM.
The panel went over the incentives program that the commission has launched to support films with up to 40 percent of financial recovery, which aims to attract international productions and stimulate local production houses as well, the Saudi Press Agency reported.
Al-Nasser said that there is a high level of coordination between public and private sector institutions in Saudi Arabia to build all parts of the value chain related to the film industry, which is a result of the commission’s awareness of the importance of the creative cycle of the film industry to build a comprehensive sector that serves filmmakers.