After much speculation, the Saudi Film Commission has announced its film incentive package, offering a 40% cash rebate of total qualifying spend for local and international productions.
The announcement comes just before the country’s first-ever film festival, the Red Sea International Film Festival, draws to a close tomorrow.The cash rebate will include feature length films, documentaries and animation projects and will make it one of the world’s most competitive incentive packages, even amongst established film markets.
For comparison, the UAE offers a 30% cash rebate on productions in its territory.“We have been working hard to develop a competitive incentive package for local and international movie makers and content creators,” said
Read more on deadline.com
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