The Saudi Film Commission has increased its film incentive to 60% as in an update of the cash rebate scheme first launched in 2021 as the country attempted to kickstart a film industry following the lifting of a 35-year cinema ban in 2017.
The update, which was announced during a presentation at Cannes Film Festival, also includes mechanisms to streamline and speedup the application and reimbursement processes.
The increase in the rebate comes amid a reset for Saudi Arabia’s film industry, following a poor showing at the box office, at home and internationally, for early
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