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Home»Business»Cultural Assets Group launches SAR 850 million cultural investment fund with financing from Saudi Cultural Development Fund
Business

Cultural Assets Group launches SAR 850 million cultural investment fund with financing from Saudi Cultural Development Fund

By Sam AllcockJanuary 28, 2026Updated:January 29, 2026No Comments1 Min Read
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The Cultural Assets Group has announced the launch of a private, closed-end investment fund focused on Saudi Arabia’s cultural sectors, with a total value of SAR 850 million. The fund includes SAR 200 million in financing from the Cultural Development Fund (CDF). The announcement was made during the Cultural Investment Conference 2025, held in Riyadh on 29 and 30 September.

The fund will invest in a wide range of fields including visual arts, fashion and cultural retail, digital content experience design, interactive media and production, as well as emerging technologies. Its aim is to support the sustainable development of the Kingdom’s creative and cultural economy, assist local companies in expanding globally, and localise intellectual property and advanced technologies by attracting and acquiring leading international companies.

By adopting international best practices in asset management and investment diversification, the fund seeks to enhance the attractiveness of the Kingdom’s cultural industries and strengthen their contribution to the national economy. The launch marks a major milestone in advancing private investment and unlocking new economic opportunities within Saudi Arabia’s cultural sector.

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Sam Allcock
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Sam Allcock is a seasoned journalist and digital marketing expert known for his insightful reporting across business, real estate, travel and lifestyle sectors. His recent work includes high-profile Dubai coverage, such as record-breaking events by AYS Developers. With a career spanning multiple outlets. Sam delivers sharp, engaging content that bridges UK and UAE markets. His writing reflects a deep understanding of emerging trends, making him a trusted voice in regional and international business journalism. Should you need any edits please contact editor@dubaiweek.ae

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