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    Home » Cultural Assets Group Launches SAR 850 Million Investment Fund for the Cultural Sector with Financing from the Saudi Cultural Development Fund
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    Cultural Assets Group Launches SAR 850 Million Investment Fund for the Cultural Sector with Financing from the Saudi Cultural Development Fund

    ranaazeemBy ranaazeemSeptember 30, 2025Updated:September 30, 2025No Comments2 Mins Read
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    By Rana Azeem

    September 30, 2025 – Riyadh, Kingdom of Saudi Arabia
    The Cultural Assets Group has announced the launch of a private, closed-end investment fund dedicated to the cultural sector in Saudi Arabia, with a total capital of SAR 850 million, including SAR 200 million in financing from the Cultural Development Fund (CDF). The announcement was made during the Cultural Investment Conference 2025, held in Riyadh on September 29–30.

    H.H. Prince Badr bin
    Abdullah Al Saud
    Virtual
    Minister of Culture and Governor of the
    Royal Commission for AlUla, Kingdom of
    Saudi Arabia

    The fund will invest across a diverse range of cultural fields, including visual arts, fashion and cultural retail, digital content and experience design, interactive media and production, and emerging technologies. It aims to drive the sustainable growth of the creative economy, support the global expansion of local cultural companies, and localize intellectual property and advanced technologies through strategic acquisitions and partnerships with leading international firms.

    H.R.H. Ambassador Reema
    Bandar Al-Saud
    Ambassador of Kingdom of Saudi
    Arabia to the United States of
    America

    By applying global best practices in asset management and investment diversification, the fund seeks to enhance the appeal of the Kingdom’s cultural sector and strengthen its contribution to the national economy.

    H.E. Faisal F. Alibrahim
    Minister of Economy and Planning,
    Kingdom of Saudi Arabia

    This launch marks a significant milestone in unlocking new economic opportunities and expanding private sector involvement in cultural development.

     

    @MOCSaudi (Arabic); @MOCSaudi_En (English) | Instagram @mocsaudi #Saudi Arabia #SaudiMinistryOfCulture
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