Saudi Arabia’s Telfaz11 Closes Multi-Million-Dollar Funding Round

Saudi Arabia’s Telfaz11 Closes Multi-Million-Dollar Funding Round

Muvi Cinemas, Red Sea International Film Festival

12/8/2021 10:00:00 AM

Saudi Arabia ’s Telfaz11 Closes Multi-Million-Dollar Funding Round

Saudi Arabia n production and finance outfit Telfaz11 is planning to expand its ability to finance film and TV content after securing a multi-million-dollar funding round. Exact amounts were not dis…

for it to producer eight features for the service.Telfaz11 CEO Alaa Fadan said of the funding round, “We are focused on being a premiere destination for filmmakers and talent throughout the world, this new round of funding further solidifies our goal of being an effective partner for Saudi Arabia’s new wave of filmmakers, auteurs, actors, actresses and producers across film, television and digital content.”

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