Saudi Film Commission joins Association of Film Commissioners International

The Saudi Film Commission has officially joined the Association of Film Commissioners International. (@FilmMOC)
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Updated 30 June 2024
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Saudi Film Commission joins Association of Film Commissioners International

  • Through the membership, the Saudi Film Commission gains access to a range of services, including global networking with film authorities

RIYADH: The Saudi Film Commission has officially joined the Association of Film Commissioners International, a global network of more than 360 film boards from more than 40 countries, the Saudi Press Agency reported.

The AFCI aims to support, empower and connect film boards the world over, fostering sustainable and integrated development in the international film industry, according to SPA. Through this membership, the Saudi Film Commission gains access to a range of services, including global networking with film authorities, insights into international best practices, special training and development programs, and the latest updates on industry advancements.

Joining the AFCI allows the Saudi Film Commission to elevate the Kingdom’s film industry and position Saudi cinema on the global stage. This membership also empowers national production companies and local talent, facilitating the exchange of experiences and knowledge with international counterparts.

The AFCI, founded in 1975, is a global non-profit organization and the sole entity of its kind, encompassing film boards from numerous countries on six continents. It is dedicated to empowering industry bodies and stakeholders to foster economic growth within the film production sector.

The association provides a comprehensive network that connects various resources, educational opportunities, and funding from different countries, thereby facilitating international co-productions. This comprehensive support benefits film authorities, production companies and professionals in the film industry.

According to SPA, the Saudi Film Commission’s membership of the AFCI is a strategic step toward realizing its vision of establishing the Kingdom as a global hub for the film industry. This move aims to bolster the national economy and elevate the Saudi film industry on local and international stages.

 


Saudi-Yemen program provides $81.2m to operate more than 70 power plants

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Saudi-Yemen program provides $81.2m to operate more than 70 power plants

  • Grant will improve reliability of electrical power to critical facilities, including hospitals, medical centers, roads, schools, airports and ports
  • Move follows last week’s announcement by the SDRPY of a larger aid package totaling $506 million to support Yemen

LONDON: A tripartite agreement was signed on Wednesday between the Saudi Development and Reconstruction Program for Yemen, the oil company Petromasila, and Yemen’s Ministry of Energy and Electricity to supply petroleum derivatives for the country’s power plants.

SDRPY is supporting the Yemeni government with an $81.2 million grant to purchase 339 million liters of diesel and mazut from Petromasila to operate more than 70 power plants across various Yemeni governorates.

The grant follows last week’s announcement by the SDRPY of a $506 million aid package to support Yemen’s education, health, government and infrastructure sectors.

The SDRPY highlighted that the grant will improve the reliability of electrical power to critical facilities, including hospitals, medical centers, roads, schools, airports and ports. Additionally, the funding will stimulate the Yemeni economy and support the Central Bank of Yemen by easing the pressure on foreign exchange reserves.

It reduces the Ministry of Finance’s fuel-related financial burden and supports the Ministry of Electricity and Energy in improving the efficiency of power plants in Yemen, the SDRPY said.

In 2018, the SDRPY provided $180 million, in addition to $422 million in 2021 and another $200 million in 2022, as grants to Yemen to purchase oil derivatives and operate vital sectors of the country.