Saudi Film Commission Ups Film Incentive to 60%

Saudi Film Commission Ups Film Incentive to 60%

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 com…

Saudi Arabia boosts film incentive to headline 60% rate

Saudi Film Commission said increase was part of overall update of incentive programme that would include improved and quicker pay outs.