Egypt Recovers 3 Ancient Artifacts Found in the Netherlands

This picture shows a partial view of Cairo on August 25, 2024. (Photo by Khaled DESOUKI / AFP)
This picture shows a partial view of Cairo on August 25, 2024. (Photo by Khaled DESOUKI / AFP)
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Egypt Recovers 3 Ancient Artifacts Found in the Netherlands

This picture shows a partial view of Cairo on August 25, 2024. (Photo by Khaled DESOUKI / AFP)
This picture shows a partial view of Cairo on August 25, 2024. (Photo by Khaled DESOUKI / AFP)

Egypt recovered three ancient artifacts that were smuggled out of the country and found in the Netherlands, where two of the items were for sale in an antiques shop, Egyptian officials said Tuesday.
The items retrieved include a mummified head from the Hellenistic period, a ceramic funerary figurine dating to Egypt’s New Kingdom era (664-332 B.C.), and part of a wooden tomb bearing an inscription of the goddess Isis from 663-504 B.C., the Egyptian embassy in The Hague said in a statement. The head was found in good condition, showing remnants of teeth and hair, The Associated Press reported.
Dutch police and the cultural heritage inspection unit retrieved the figurines and parts of the tomb after determining that they were smuggled out of Egypt. A Dutch individual handed over the mummified head, which he had inherited from a family member, to local authorities.
The three artifacts are believed to have been stolen and smuggled after they were discovered through illegal excavation, according to Egyptian authorities. No details were provided about when those items were believed to have been unearthed and smuggled.
Repatriation from the Netherlands is part of Egypt’s wider push to stop trafficking of stolen antiquities. More than 30,000 artifacts have been recovered since 2014.
Last year, an ancient wooden sarcophagus that was featured at the Houston Museum of Natural Sciences was returned to Egypt after US authorities determined it was smuggled years ago.



CDF Announces 1st Cultural Financing of its Kind in Saudi Arabia

The Cultural Development Fund (CDF) logo
The Cultural Development Fund (CDF) logo
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CDF Announces 1st Cultural Financing of its Kind in Saudi Arabia

The Cultural Development Fund (CDF) logo
The Cultural Development Fund (CDF) logo

The Cultural Development Fund (CDF) has announced Cultural Financing, the first program of its kind in Saudi Arabia to support and provide essential financing for projects and enterprises across 16 cultural sub-sectors.

The program seeks to drive sustainable growth of the cultural sector, amplify its creative output, and boost its contribution to the Kingdom’s gross domestic product (GDP), thereby driving national economic growth.

Cultural Financing has been designed to support the development of cultural enterprises through flexible, accessible, and competitive packages that maximize profitability while minimizing risks for both the cultural enterprises benefiting from the program and the local banking partners. The program finances micro, small, and medium-sized cultural enterprises, enabling them to launch and scale their operations through a range of financing products available for both short-term and long-term needs, CDF said in a statement.

"The Cultural Financing marks a new chapter in our mission to empower the cultural sector in collaboration with our local banking partners. This financing solution is designed to meet the diverse and evolving needs of the sector’s entrepreneurs and support their aspirations, reaffirming our commitment to building strategic partnerships with the private sector," said CDF Chief Executive Majed bin Abdulmohsen Al-Hugail.

"We look forward to seeing the positive ripple effects of this collaboration in revitalizing the cultural sector and, in turn, bolstering the national economy."
Thursday’s announcement follows the CDF's signing of partnership agreements with five local banks -- Al-Rajhi Bank, Alinma Bank, BSF, Arab National Bank (ANB), and Bank AlJazira -- to provide financing to cultural enterprises.
The partnerships underscore the vital role of the banking sector in the sustainable development of the cultural sector. They also reinforce the CDF's ongoing efforts to spur growth across various cultural sectors in the Kingdom and strengthen partnerships with the private sector to provide attractive financing solutions that support the cultural and creative sector and maximize its impact on economic development and job creation.