Jeddah, August 18, 2023, In a significant development, Minister of Culture Prince Badr bin Abdullah bin Mohammed bin Farhan and MBC Group Chairman Waleed bin Ibrahim Al Ibrahim have joined forces. The two influential figures recently signed a memorandum of understanding (MoU) between MBC Group and the Saudi Film Commission (SFC). This MoU aims to foster talent development and employment programs while also leveraging the SFC's incentive program. Moreover, it seeks to strengthen the ties between the SFC and MBC Group's projects in the Kingdom of Saudi Arabia while exploring other areas of mutual interest. This collaboration holds great promise for the future of the Saudi film industry. In a groundbreaking development, the Saudi Film Council (SFC) and the MBC Group have recently signed a Memorandum of Understanding (MoU). This significant agreement aims to foster collaboration between the two entities, with a particular focus on nurturing the talents of Saudi individuals in the realm of film and series production. Under the terms of the MoU, the SFC and the MBC Group have committed to working together to offer extensive training programs and employment prospects for Saudi talents. These opportunities will be specifically geared towards projects produced by the MBC Group or those that are co-produced by both parties, both within the borders of Saudi Arabia and beyond. This strategic partnership holds immense potential for the Saudi film industry, as it not only seeks to cultivate local talent but also aims to facilitate the creation of high-quality films and series that resonate with both domestic and international audiences. By joining forces, the SFC and the MBC Group are poised to contribute significantly to the growth and development of the Saudi film landscape. The Group's projects that meet the criteria of the SFC's incentive program are also eligible for additional benefits and rewards. In addition, a comprehensive understanding has been reached concerning forthcoming initiatives, their potential economic ramifications, and the anticipated financial outlays within the Kingdom of Saudi Arabia. The agreement not only streamlines the process of acquiring licenses and permits under the SFC's jurisdiction but also encompasses collaborative initiatives aimed at showcasing and fostering the film industry in Saudi Arabia.
