Saudi Film Commission Participates in 78th Cannes Film Festival
Established in 1946, the Cannes Film Festival is one of the world's most prestigious cinematic events, attracting broad international participation from filmmakers each year.
The Saudi pavilion will feature a booth for private production and distribution companies to boost their international presence and highlight opportunities for collaboration and investment.
The commission will engage in several panel discussions and dialogue sessions featuring leading decision-makers and influencers in the film industry. They will include a session titled "Pioneering Paths: How Filmmakers Can Forge Their Own Futures" and "Saudi Films – Work in Progress," which will showcase films currently in production.
A roundtable titled "The Business of Film Production" will also discuss the economic aspects of the film industry.
A networking session titled "Meet Saudi Creatives" and a brunch event titled "Cinematic Exchange" will bring together commission representatives and the private sector to highlight major accomplishments in the local film sector and explore opportunities for collaboration.
This strategic participation is part of the Saudi Film Commission's ongoing efforts to develop the local film sector, empower Saudi talent, and build an effective network of relationships that support the Saudi film movement and represent it on major global platforms.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arab News
43 minutes ago
- Arab News
Second Event Tech Meetup in Riyadh showcases local innovation
RIYADH: The second Event Tech Meetup 2025, held at the Bayt Al-Thaqafa — Al-Ta'awun Public Library in Riyadh on Sunday and Monday, attracted a diverse audience from both the public and private sectors. The event, organized by the National Events Center, featured specialized workshops, brainstorming sessions, and a showcase of technological innovations tailored for the events industry. Lojain Al-Harbi, founder and CEO of Dulani, reflected on her experience at EventTech Tank, which allowed entrepreneurs to pitch their ideas to potential investors. She said: 'It feels amazing. Months of hard work have paid off — seeing our results is a completely different feeling. We're grateful for this opportunity.' Abdulaziz Al-Subaei, founder of Jawlat, echoed her sentiments. 'This is truly an excellent opportunity. Having direct exposure to investors is incredibly valuable, especially since we haven't had much interest before,' he said. Another participant, Abdullah Al-Hajji, CEO of Eventify, told Arab News that the event had been a successful one for the company. 'We even secured an investment, which is an incredible result for us,' he added. Budoor Al-Malik, co-founder and CCO of MILA Celebration, emphasized the importance of the meetup for startups in the event tech space, which allowed the company to 'connect with like-minded individuals and investors who share our passion.' The opening program of the meetup included live demonstrations from industry innovators. One of the highlights was the National Events Center's presentation, titled 'No Waiting, Digital Innovation Creates the Experience.' This was centered around their 'SKIP Q' solution, which aims to enhance visitor experiences by streamlining entry and reducing wait times. Additionally, the Ministry of Tourism showcased their platform 'Decisions Made in the Moment,' which utilizes advanced analytics to inform tourism strategies. Two expert panels delved into the transformative impacts of technology on the events sector. The first panel, 'How Artificial Intelligence Shapes the Future of Events in the Kingdom,' discussed AI's potential to lower operational costs and improve event management. The second panel, 'Data Drives the Event Scene,' focused on how AI can convert data into actionable insights. Many startups presented their products in hopes of attracting attention from prominent investors, who were eager to explore new opportunities. The 'Event Tech Meetup 2025' is part of the broader 'Event Tech 2025' initiative, aimed at accelerating digital transformation within Saudi Arabia's events sector. This initiative focuses on nurturing the entrepreneurial ecosystem, aligning with Saudi Vision 2030.
Arab News
an hour ago
- Arab News
Closing Bell: Saudi main index closes in red at 10,770
RIYADH: Saudi Arabia's Tadawul All Share Index slipped on Tuesday, shedding 21.98 points, or 0.20 percent, to close at 10,769.66. The total trading turnover on the main index reached SR4.08 billion ($1.09 billion), with 94 stocks advancing and 159 declining. The Kingdom's parallel market Nomu also fell, losing 91.69 points to close at 26,144.11, while the MSCI Tadawul Index edged down 0.26 percent to 1,391.13. The best-performing stock on the main market was Red Sea International Co., whose share price jumped 9.96 percent to SR45.72. BAAN Holding Group Co. rose 4.98 percent to SR2.32, while Astra Industrial Group gained 4.71 percent to SR149. The share price of Methanol Chemicals Co. dropped by 9.92 percent to SR10.62. On the announcements front, Saudi Electricity Co. reported a net profit attributable to common shares of SR1.86 billion after deducting profit attributable to Mudaraba instruments for the second quarter, up 113 percent from SR0.87 billion a year earlier. The company's net profit before Mudaraba payments stood at SR6.25 billion, compared to SR5.24 billion in the same quarter of 2024, reflecting a 19.26 percent increase. The utility's share price slipped 0.61 percent to SR14.61. First Milling Co. announced it had completed the acquisition of a 100 percent stake in Jeddah-based Al Manar Feed Co. in a deal valued at SR77 million. In a Tadawul filing, the company said the acquisition aligns with its strategy to boost feed production capacity. With the purchase, First Milling Co. will add a daily production capacity of 450 tonnes in the feed segment, bringing its total feed output to 1,350 tonnes per day. The company's share price rose 0.28 percent to SR53.20.
Arab News
2 hours ago
- Arab News
Cost excellence key to unlock potential of Saudi Arabia's mining sector: Alvarez and Marsal
RIYADH: Mining firms operating in Saudi Arabia should implement disciplined financial planning, transparency, and cost ownership in their operating model to reap long-term benefits, according to an analysis. In its latest report, professional services firm Alvarez and Marsal said the Kingdom's mining and minerals industry is poised for sustainable long-term growth with committed investments worth SR246 billion ($65.55 billion) supporting the sector. The study was released just days after the Kingdom's ranking on the Mining Investment Attractiveness Index jumped from 104th in 2013 to 23rd in 2024, cementing the nation's status as the world's fastest-rising power in the exploration industry, according to Canadian public policy think tank Fraser Institute. As a part of its economic diversification efforts, Saudi Arabia is accelerating the development of its mining sector, with the Kingdom's mineral wealth now estimated at SR9.4 trillion ($2.5 trillion). Commenting on the latest report, Alexander Shvets, managing director, infrastructure and capital projects – metals and mining at Alvarez and Marsal Middle East, said: 'Saudi Arabia's mining sector is now central to the Kingdom's economic transformation.' He added: 'Building on this momentum with embedded cost visibility and performance tracking will help operators to achieve global competitiveness and long-term value creation.' According to Alvarez and Marsal, adopting structured financial frameworks can help mining companies seize emerging opportunities and ensure operational excellence as the sector matures. 'Control is not just a finance function — it's an operational discipline. In mining, where complexity and capital intensity are high, real-time cost visibility and team capability are what turn strategy into measurable results,' said Renat Akimbitov, managing director, infrastructure and capital projects – metals and mining at Alvarez and Marsal Middle East. The report said Saudi Arabia has already laid strong foundations in the sector, with the establishment of institutions such as the Saudi Geological Survey, creating a dynamic and investor-friendly environment. In March, the Kingdom also launched a new incentive package to attract foreign direct investments into the nation's mining sector. At that time, the Saudi Press Agency reported that the Kingdom's Ministry of Investment is collaborating closely with the Ministry of Industry and Mineral Resources through an exploration enablement program aimed at simplifying investments in the mineral exploration industry. Alvarez and Marsal outlined a strategy for mining and industrial companies to strengthen financial resilience by implementing activity-based budgeting, which links finance directly to operational drivers for greater accuracy and agility. The report also underscored the vitality of empowering business leaders with digital dashboards to manage costs dynamically, as well as conducting structured cost review meetings to ensure accountability through regular performance tracking. Alvarez and Marsal further highlighted the importance of cost-capability building and said that equipping teams with practical tools and training is essential to foster a cost-conscious culture within the organization.
