The Red Sea Market announced today the projects and films in progress that have been selected to participate in its inaugural session, which will be held from 8-11 December, within the activities of the Red Sea International Film Festival in Jeddah.

The Red Sea Market is an important initiative to discover and present film talents from the Arab world and Africa. Its activities include a marketplace for projects, screenings of films in progress, an exhibitor area, a program of seminars and workshops, in addition to many opportunities to expand the network of knowledge and connect filmmakers with key decision-makers from all over the world.

The Red Sea market is preparing to host more than 350 professionals working in the fields of production, distribution and sales. It also offers specialized programs to promote joint production, financing and development; In order to provide the support needed by the film industry in the Arab world and Africa. The Red Sea Fund will present 3 cash prizes, to be selected by two judging panels comprising international experts. The Project Market Jury will present a development prize of $25,000 and a production prize of $100,000, while the Jury for Films in Progress will present a $30,000 prize. ; To cover the costs of post-production operations. The projects participating in the market will qualify for other prizes presented by the market sponsors and partners.

The Red Sea Market is one of the initiatives that confirms the commitment to support talent, discover diversity and creative momentum and its ability to present new stories with innovative templates and methods, with the participation of the most important experts in the film industry, and to contribute to the delivery of these bold and creative voices to audiences around the world.

The market aims to create an integrated cinematic system that attracts emerging talents, in addition to those with expertise, and develops their projects in an international professional environment that pays attention to the specificity of this region and its potentials. Here comes the role of the Red Sea Market in discovering, developing and financing them, then presenting them on this international platform .