fund

The Red Sea Film Festival Foundation has announced its SR37.5 million ($10 million) fund, which will support projects with directors from the Arab World and Africa, launching a new generation of filmmakers and supporting established auteurs…
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Netflix has announced a new hardship fund in collaboration with the Arab Fund for Arts & Culture (AFAC) to support those most affected by the pandemic in the Arab region’s film and TV community. The fund, valued at $500,000, will…
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Kuwait’s sovereign wealth fund and state-owned Kuwait Petroleum Corporation (KPC) reached an agreement under which KPC will pay 8.25 billion Kuwaiti dinars ($27.44 billion) in accrued dividends over 15 years, two sources said. KPC has…
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For the second year running, Hassan Abu Al-Amrain has missed out on relief aid for his family during the month of Ramadan. There has been a significant drop in the amount of funding provided to local civil humanitarian charities due to…
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Iran released on Friday a South Korean ship and its captain detained since January after South Korea promised to try to secure the release of Iranian funds frozen in South Korean banks under US sanctions, a South Korean official said.…
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The German Constitutional Court on Friday abruptly stopped Europe’s biggest economy from ratifying a €750 billion ($885 billion) EU coronavirus recovery fund, after a last-minute legal challenge was filed against the move. Following…
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The Palestinian Investment Fund is pushing ahead with plans for its first cement factory, through an agreement with a group of companies, Asharq reported citing Reuters. Sanad Industrial company said that the $85 million plant will be…
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