Jeddah, Dec. 11 -- The fifth edition of the Red Sea International Film Festival officially began on Wednesday, December 10, hosted by the Cultural Development Fund (CDF) in Jeddah, Kingdom of Saudi Arabia.

Attended by several high-profile celebrities from around the world, the event brought together leading filmmakers from the Kingdom, entrepreneurs, investors, and several other prominent figures to underline the financial solutions and investment opportunities.

During the event, the CDF signed credit facility agreements worth over 60 million riyals under the Cultural Financing Program to support six major film-sector projects. These initiatives span areas such as feature film production and the development of industry-supporting infras...