CDF upsizes funding to SAR 770M, posts 30% revenue growth in Q1 2026

06/04/2026 Argaam
Logo ofCultural Development Fund (CDF)

Logo of Cultural Development Fund (CDF)

The Cultural Development Fund (CDF) announced its results for the first quarter of 2026, recording a 30% revenue growth compared with the same period in 2025.

 

In its latest quarterly report, the fund stated that total financial support provided to cultural projects since its establishment through the end of Q1 2026 exceeded SAR 770 million, through solutions that included financing, investment, and incentives.

 

The funding covered 165 cultural projects across various Saudi regions, while benefiting more than 1,630 creators and entrepreneurs focused on development services, it added.

 

This support is expected to contribute more than SAR 4.1 billion to the Kingdom’s gross domestic product and create more than 12,540 local jobs, while stimulating about SAR 1.1 billion in private sector investments.

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