Riyadh, Octoberr 02, 2025:
Under the patronage of His Highness Prince Bader bin Abdullah bin Farhan Al Saud, Minister of Culture and Chairman of the Board of Directors of the Cultural Development Fund (CDF), the CDF today signed an agreement to establish the second dedicated investment fund in the film sector with a total capital of SAR 375 million. The fund will be managed by BSF Capital, with CDF participating as an anchor investor.
The announcement was made during the Cultural Investment Conference organized by the Ministry of Culture at the King Fahad Cultural Center in Riyadh, under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister.
The new fund will collaborate with one of the world’s leading film production companies to expand investment opportunities in Saudi Arabia’s growing film sector. Its focus will include strategic investments in innovative projects and facilities in the film industry, locally and internationally, covering production, distribution, and infrastructure development, while adhering to global best practices in asset and risk management.
This is the second film investment fund in which the CDF acts as an anchor investor, following the “Riviera Content” Fund – formerly known as the Saudi Film Fund. With this new fund, the total value of both funds reaches SAR 750 million, highlighting the strength and attractiveness of Saudi cinema and the Kingdom’s investment potential in cultural and creative industries.
Through initiatives like this, the Cultural Development Fund continues to play its role as a center of excellence and financial enabler for the cultural sector, supporting sustainable growth, encouraging private investment, and aligning with the National Culture Strategy and Saudi Vision 2030.
