Cultural Development Fund and Dirah Development Sign Memorandum to Support Cultural Enterprises
RIYADH, October 28 (Saudi Arabia Breaking News) – The Cultural Development Fund and Dirah Development Company have signed a cooperation memorandum to help cultural enterprises access market opportunities and expand their presence in Riyadh’s historic Al-Dirah area.
The two sides will explore ways to connect artists and businesses supported by the fund with activities at the company’s destinations. These could include events, forums, workshops and exhibitions.
The memorandum also covers studying a shared creative space and exploring investment opportunities in cultural projects to support their growth and sustainability.
The cooperation brings together the fund’s support for cultural enterprises and the company’s efforts to attract creative activities to its developments. It aims to make Al-Dirah more accessible to entrepreneurs and cultural productions while strengthening the area’s economic and social role.
For the fund, the memorandum forms part of its work with private sector partners to support the National Culture Strategy.
Source: SPA.
