Red Sea Fund launches 2nd phase of fourth cycle to support film projects

By Arya M Nair, Official Reporter
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Red Sea Fund launches 2nd phase of 4th cycle
Rep.Image| Courtesy: Red Sea Fund X

The Red Sea Fund, an independent, non-profit organization created to support the film industry in Saudi Arabia, has announced the launch of the second phase of its fourth cycle, dedicated to supporting projects in the production stage, which will continue until April 30.

The fund now accepts applications from directors of Arab and African origin and nationality. This includes feature-length fiction projects, a minimum length of 60 minutes, documentaries, and animation projects.

The Red Sea Fund supports film projects that are ready for production, including feature films, no less than 60 minutes, whether fiction or animation, by Arab directors or those of Arab origin or African nationality.

The fund also supports series, 25-59 minutes per episode, by Arab directors or those of Arab origin or African nationality, in addition to short films, less than 60 minutes, whether fiction, documentary, or animation, by Saudi directors.

The Red Sea Fund, a leading force in the world of Arab and African film financing, operates through four cycles to support projects in the development, production, and post-production stages.

In February, the Red Sea Fund updated its cycle schedule for 2024 as follows: the first cycle for post-production projects, the second cycle for production projects, the third cycle for development projects, and the fourth cycle for post-production projects.

Since its inception in 2021, the Red Sea Fund has supported over 256 projects, including feature films, shorts, documentaries, series, and animation films. Many films supported by the Fund have won several international awards over the years.

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