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Saudi Arabia’s Cultural Development Fund Strengthens Investment Ecosystem with Over SAR 3 billion in New Funds and Financing Solutions to Grow Saudi Cultural Sector
RIYADH, Saudi Arabia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- The Cultural Development Fund (CDF), Saudi Arabia’s key financial enabler of the cultural sector, has announced a suite of new funds and financial products exceeding SAR 3 billion (USD 933 million), further advancing its mission to unlock private investment and build a sustainable cultural economy. Through these efforts, CDF continues to enrich Saudi cultural production and create developmental economic opportunities—advancing the Kingdom’s cultural scene and deepening appreciation of national culture both locally and globally.
By Cultural Development Fund · Via GlobeNewswire · October 15, 2025