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Saudi Arabia Allocates SAR 300 Million for Investments in Film Industry

The film sector in Saudi Arabia is witnessing an unprecedented stage of support and development. (The Cultural Development Fund)
The film sector in Saudi Arabia is witnessing an unprecedented stage of support and development. (The Cultural Development Fund)
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Saudi Arabia Allocates SAR 300 Million for Investments in Film Industry

The film sector in Saudi Arabia is witnessing an unprecedented stage of support and development. (The Cultural Development Fund)
The film sector in Saudi Arabia is witnessing an unprecedented stage of support and development. (The Cultural Development Fund)

The Saudi Cultural Development Fund (CDF) revealed a new investment program in the film sector at a value of 300 million Saudi riyals (about $80 million), and the launch of a global partnership with international institutions.

The Cultural Fund launched its new investment program on the sidelines of the Cannes Film Festival, which is being held in France, with the participation of various Saudi entities.

The CDF announced partnerships with MEFIC Capital and holding company ROAA Media Ventures to establish the Film Investment Fund, budgeted at $100 million.

The CDF will contribute 40% of the amount, through an investment program launched during the Cannes Festival, as part of the IGNITE government digital content program’s film sector financing initiative.

In this context, Mohammed bin Dayel, CEO of the CDF, said the new fund aims to invest in film sector companies and projects, and provide the necessary financing, build a network of entrepreneurs and distribution experts to support companies.

He added that the fund also seeks to collaborate with local and international investors and attract foreign expertise to turn the Kingdom into a major film-making center.

Bin Dayel stressed that the Saudi film industry was one of the fastest growing cultural sectors in the Kingdom, in light of the growing demand for cinematic content, which necessitates supporting visual content makers and companies.

The CDF plans through the investment track to achieve self-sustainability, and to build an effective and supportive film sector by 2030.

According to bin Dayel, the budget allocated to the Film Sector Financing Initiative is the highest among all artistic and cultural initiatives in Saudi Arabia.

He noted that the initiative is expected to contribute to developing creative talents and attracting foreign expertise, making the Kingdom a major center for the film industry in the region and the world.

In March, the Cultural Fund launched the lending program within the Film Sector Financing Initiative, which it designed to provide financing packages for small and medium-sized companies, as well as film production, distribution and infrastructure projects, as part of its efforts to support investment, enhance the profitability of the sector, and empower creators.

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Varieties

US Astronaut to Take her 3-year-old's Cuddly Rabbit Into Space

FILE PHOTO: An evening launch of a SpaceX Falcon 9 rocket carrying 20 Starlink V2 Mini satellites, from Space Launch Complex at Vandenberg Space Force Base is seen over the Pacific Ocean from Encinitas, California, US, June 23, 2024. REUTERS/Mike Blake/File Photo
FILE PHOTO: An evening launch of a SpaceX Falcon 9 rocket carrying 20 Starlink V2 Mini satellites, from Space Launch Complex at Vandenberg Space Force Base is seen over the Pacific Ocean from Encinitas, California, US, June 23, 2024. REUTERS/Mike Blake/File Photo
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US Astronaut to Take her 3-year-old's Cuddly Rabbit Into Space

FILE PHOTO: An evening launch of a SpaceX Falcon 9 rocket carrying 20 Starlink V2 Mini satellites, from Space Launch Complex at Vandenberg Space Force Base is seen over the Pacific Ocean from Encinitas, California, US, June 23, 2024. REUTERS/Mike Blake/File Photo
FILE PHOTO: An evening launch of a SpaceX Falcon 9 rocket carrying 20 Starlink V2 Mini satellites, from Space Launch Complex at Vandenberg Space Force Base is seen over the Pacific Ocean from Encinitas, California, US, June 23, 2024. REUTERS/Mike Blake/File Photo

When the next mission to the International Space Station blasts off from Florida next week, a special keepsake will be hitching a ride: a small stuffed rabbit.

American astronaut and mother, Jessica Meir, one of the four-member crew, revealed Sunday that she'll take with her the cuddly toy that belongs to her three-year-old daughter.

It's customary for astronauts to go to the ISS, which orbits 250 miles (400 kilometers) above Earth, to take small personal items to keep close during their months-long stint in space.

"I do have a small stuffed rabbit that belongs to my three-year-old daughter, and she actually has two of these because one was given as a gift," Meir, 48, told an online news conference.

"So one will stay down here with her, and one will be there with us, having adventures all the time, so that we'll keep sending those photos back and forth to my family," AFP quoted her as saying.

US space agency NASA says SpaceX Crew-12 will lift off on a SpaceX Falcon 9 rocket from Cape Canaveral in Florida to the orbiting scientific laboratory early Wednesday.

The mission will be replacing Crew-11, which returned to Earth in January, a month earlier than planned, during the first medical evacuation in the space station's history.

Meir, a marine biologist and physiologist, served as flight engineer on a 2019-2020 expedition to the space station and participated in the first all-female spacewalks.

Since then, she's given birth to her daughter. She reflected Sunday on the challenges of being a parent and what is due to be an eight-month separation from her child.

"It does make it a lot difficult in preparing to leave and thinking about being away from her for that long, especially when she's so young, it's really a large chunk of her life," Meir said.

"But I hope that one day, she will really realize that this absence was a meaningful one, because it was an adventure that she got to share into and that she'll have memories about, and hopefully it will inspire her and other people around the world," Meir added.

When the astronauts finally get on board the ISS, they will be one of the last crews to live on board the football field-sized space station.

Continuously inhabited for the last quarter century, the aging ISS is scheduled to be pushed into Earth's orbit before crashing into an isolated spot in the Pacific Ocean in 2030.

The other Crew-12 astronauts are Jack Hathaway of NASA, European Space Agency astronaut Sophie Adenot, and Russian cosmonaut Andrey Fedyaev.

Varieties

iRead Marathon Records over 6.5 Million Pages Read

Participants agreed that the number of pages read was not merely a numerical milestone - SPA
Participants agreed that the number of pages read was not merely a numerical milestone - SPA
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iRead Marathon Records over 6.5 Million Pages Read

Participants agreed that the number of pages read was not merely a numerical milestone - SPA
Participants agreed that the number of pages read was not merely a numerical milestone - SPA

The fifth edition of the iRead Marathon achieved a remarkable milestone, surpassing 6.5 million pages read over three consecutive days, in a cultural setting that reaffirmed reading as a collective practice with impact beyond the moment.

Hosted at the Library of the King Abdulaziz Center for World Culture (Ithra) and held in parallel with 52 libraries across 13 Arab countries, including digital libraries participating for the first time, the marathon reflected the transformation of libraries into open, inclusive spaces that transcend physical boundaries and accommodate diverse readers and formats.

Participants agreed that the number of pages read was not merely a numerical milestone, but a reflection of growing engagement and a deepening belief in reading as a daily, shared activity accessible to all, free from elitism or narrow specialization.

Pages were read in multiple languages and formats, united by a common conviction that reading remains a powerful way to build genuine connections and foster knowledge-based bonds across geographically distant yet intellectually aligned communities, SPA reported.

The marathon also underscored its humanitarian and environmental dimension, as every 100 pages read is linked to the planting of one tree, translating this edition’s outcome into a pledge of more than 65,000 trees. This simple equation connects knowledge with sustainability, turning reading into a tangible, real-world contribution.

The involvement of digital libraries marked a notable development, expanding access, strengthening engagement, and reinforcing the library’s ability to adapt to technological change without compromising its cultural role. Integrating print and digital reading added a contemporary dimension to the marathon while preserving its core spirit of gathering around the book.

With the conclusion of the iRead Marathon, the experience proved to be more than a temporary event, becoming a cultural moment that raised fundamental questions about reading’s role in shaping awareness and the capacity of cultural initiatives to create lasting impact. Three days confirmed that reading, when practiced collectively, can serve as a meeting point and the start of a longer cultural journey.

Varieties

Imam Turki bin Abdullah Royal Reserve Launches Fifth Beekeeping Season

Jazan’s Annual Honey Festival - File Photo/SPA
Jazan’s Annual Honey Festival - File Photo/SPA
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Imam Turki bin Abdullah Royal Reserve Launches Fifth Beekeeping Season

Jazan’s Annual Honey Festival - File Photo/SPA
Jazan’s Annual Honey Festival - File Photo/SPA

The Imam Turki bin Abdullah Royal Nature Reserve Development Authority launched the fifth annual beekeeping season for 2026 as part of its programs to empower the local community and regulate beekeeping activities within the reserve.

The launch aligns with the authority's objectives of biodiversity conservation, the promotion of sustainable environmental practices, and the generation of economic returns for beekeepers, SPA reported.

The authority explained that this year’s beekeeping season comprises three main periods associated with spring flowers, acacia, and Sidr, with the start date of each period serving as the official deadline for submitting participation applications.

The authority encouraged all interested beekeepers to review the season details and attend the scheduled virtual meetings to ensure organized participation in accordance with the approved regulations and the specified dates for each season.