Saudi Cultural Development Fund to Support 5 Enterprises Worth over SAR63 Million

The agreements were concluded during the Development Finance Conference MOMENTUM 2025. SPA
The agreements were concluded during the Development Finance Conference MOMENTUM 2025. SPA
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Saudi Cultural Development Fund to Support 5 Enterprises Worth over SAR63 Million

The agreements were concluded during the Development Finance Conference MOMENTUM 2025. SPA
The agreements were concluded during the Development Finance Conference MOMENTUM 2025. SPA

Saudi Arabia’s Cultural Development Fund (CDF) signed five credit facility agreements under its Cultural Financing Program, with a total value exceeding SAR63 million, to finance cultural projects.

The agreements were concluded during the Development Finance Conference MOMENTUM 2025, organized by the National Development Fund (NDF) at the King Abdulaziz International Conference Center in Riyadh, held under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister.

The credit facilities aim to support the growth of a select group of cultural projects targeting four cultural sub-sectors: architecture and design arts, theater and performing arts, music, and visual arts.

The projects focus on several areas, including strengthening cultural sector infrastructure by establishing a music institute and developing a creative complex, in addition to providing supporting services for the sector and developing national talents and capabilities.



Saudi Heritage Commission, SDAIA Sign MoU to Boost AI Use in Cultural Heritage

The Saudi Heritage Commission logo
The Saudi Heritage Commission logo
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Saudi Heritage Commission, SDAIA Sign MoU to Boost AI Use in Cultural Heritage

The Saudi Heritage Commission logo
The Saudi Heritage Commission logo

The Saudi Heritage Commission has signed a Memorandum of Understanding (MoU) with the Saudi Data & AI Authority (SDAIA) to advance data- and AI-driven solutions in the cultural heritage sector.

The agreement helps enable technologies that showcase, document, and strengthen the digital presence of national heritage.

The MoU was signed on the sidelines of the Digital Heritage Conference 2025 that was organized by the Heritage Commission on December 9-10 in Riyadh.

The event was held under the patronage of Saudi Minister of Culture Prince Bader bin Abdullah bin Farhan.

The agreement reflects the two sides’ keenness to employ data and analytical technologies in the inventory, documentation, and relational analysis of cultural heritage. It aims to support decision-making and build a knowledge ecosystem grounded in accurate and measurable data.

The MoU also paves the way for joint projects to enhance digital heritage content and apply AI-based tools to interpret heritage and make it more accessible to the public.


Cultural Fund Hosts 'Film Future Reception' during Red Sea International Film Festival

CDF signed credit facility agreements under the Cultural Financing Program, totaling more than SAR60 million - SPA
CDF signed credit facility agreements under the Cultural Financing Program, totaling more than SAR60 million - SPA
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Cultural Fund Hosts 'Film Future Reception' during Red Sea International Film Festival

CDF signed credit facility agreements under the Cultural Financing Program, totaling more than SAR60 million - SPA
CDF signed credit facility agreements under the Cultural Financing Program, totaling more than SAR60 million - SPA

The Cultural Development Fund (CDF) hosted the “Film Future Reception” during the fifth edition of the Red Sea International Film Festival.

The event brought together entrepreneurs, investors, and leading filmmakers from the Kingdom and around the world to highlight financial solutions and investment opportunities that support the growth of the sector and its cinematic productions.

During the gathering, CDF signed credit facility agreements under the Cultural Financing Program, totaling more than SAR60 million, to finance six major projects in the film sector. These projects target several areas, including feature film production and infrastructure development supporting the industry, SPA reported.

The gathering was organized in collaboration with the Red Sea International Film Festival and BSF Capital. During the event, the fund reviewed future investment trends in the film sector and the funds in which it serves as a principal investor, including the Riviera Content Fund— the first of its kind in the Kingdom— in addition to a second investment fund in the film sector, whose establishment agreement was signed last September and is managed by BSF Capital. Each of these funds has a capital size of SAR375 million.


Visual Arts Commission Announces Art and Ideas Riyadh Initiative

Visual Arts Commission Announces Art and Ideas Riyadh Initiative
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Visual Arts Commission Announces Art and Ideas Riyadh Initiative

Visual Arts Commission Announces Art and Ideas Riyadh Initiative

The Visual Arts Commission announced the upcoming edition of its Art and Ideas initiative, taking place 14–15 December 2025 at Prince Mohammad bin Salman City “Misk City”.

After the success of its Paris and Seoul iterations, Art and Ideas initiative launches a new edition in Riyadh to bookend the year with an exciting new program. This annual initiative takes its new mission line as a launchpad to present ideas that will shape the visual arts' future, SPA reported.

According to a press release issued by the commission today, the title, "Art and Ideas: in Action," emphasizes the relationship between theory and practice, intention and execution. Each session gathers distinguished practitioners from various creative fields such as curation, media and technology to present perspectives that broaden audience’s understanding of the arts landscape and highlight the ideas that are shaping our present moment. Framing the visual arts as a record of the times in which they are conceived and presented, "Art and Ideas: in Action" stresses the Visual Arts Commission's commitment to supporting an ever-evolving art landscape.

CEO of the Visual Arts Commission Dina Amin said that “the initiative launched this year as a cross-city dialogue, traveling between Seoul and Paris. Today, it returns to its home—Riyadh under the theme ‘Art and Ideas: In Action.’ Riyadh now stands as a global platform for cultural exchange, collective exploration, and the building of lasting bridges between artistic communities, aligned with the commission’s vision to foster dialogue and to establish a thriving and sustainable artistic ecosystem.”

The release added that the two-day program features four panel discussions and two keynote presentations, hosting distinguished speakers from Saudi Arabia and around the world. These sessions explore the intersections of visual arts with technology, learning, gaming, and contemporary thought, in addition to discussions on building a future-ready art ecosystem and fostering community-driven initiatives.

Driven by the Kingdom’s ambition to create a profound and lasting movement in the fields of arts and culture, the initiative dedicates its efforts to supporting diversity, encouraging experimentation, and strengthening global connectivity. It continues to expand its role by creating spaces that bring together artists, curators, innovators, and cultural thinkers, enabling the exchange of knowledge and perspectives and fostering creative dialogue. Through this convergence of practitioners and experts, the initiative sheds light on current issues and lived experiences that shape the contemporary art landscape and contribute to defining the legacy of Saudi visual art in an ever-changing world.

This edition of Art and Ideas is held in Misk City, which is a destination that fosters arts and innovation within a broader cultural and knowledge-driven ecosystem. Its innovative spaces attract artists and creators, offering platforms for dialogue and artistic exploration. Its presence in this context reflects a vision that places people and creativity at the heart of urban development, aligning with national efforts to support distinctive initiatives such as Zawaya and Afkar.