Saudi Cultural Development Fund, Cultural Assets Group launches $227m investment fund
RIYADH: The Cultural Assets Group announced at the Cultural Investment Conference 2025 the launch of a private, closed-end investment fund dedicated to cultural sectors in the Kingdom, with a total value of SR850 million ($227 million), including SR 200 million in financing from the Cultural Development Fund.
The fund will invest across diverse fields, including visual arts, fashion and cultural retail, digital content experience design, and interactive media and production, as well as emerging technologies.
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