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Cultural Development Fund to create first fashion investment fund

Oct 5, 2025 – 21:00

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Cultural Development Fund to create first fashion investment fund

RIYADH: Under the patronage of Prince Bader bin Abdullah bin Farhan Al Saud, minister of culture and chairman of the board of directors of the Cultural Development Fund, CDF has signed an agreement to establish the Kingdom’s first dedicated investment fund in the fashion sector, with a total capital of SR300 million ($80 million).

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