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Major Plot Twist for Students at Saudi Arabia’s First Cinema School

"Everything is about to change,"

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A Saudi woman studies film making at a university in Jeddah, Saudi Arabia, March 7, 2018. VOA
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Student Sama Kinsara adjusts her camera at Saudi Arabia’s only cinema school, her dream of seeing her work on the big screen coming into focus after the lifting of the country’s 35-year ban on cinema.

“Everything is about to change,” the first-year student of “visual and digital production” at Effat University in Jeddah told Reuters.

Her course is to be renamed “cinematic arts,” dropping the deceptive title employed originally to help stay under the radar of religious police and local communities opposed to the idea of men teaching women how to make movies.

ALSO READ: Economy, Culture and Human bonds most important Ties that bind Saudi Arabians and Indians together

cinema school
Saudi women study film making at a university in Jeddah, Saudi Arabia, March 7, 2018. VOA

Kinsara and her classmates on the four-year, women-only course have been able to film outside the university grounds for the first time.

“A girl carrying a camera and shooting in the streets is pushing boundaries,” said Mohamed Ghazala, head of Effat’s Visual and Digital Production Department, which began the course in 2013.

The changes follow the lifting of restrictions by reform-minded Crown Prince Mohammed bin Salman over the last year.

Authorities hope that by opening 300 cinemas and building a film industry, more than $24 billion can be added to the economy and 30,000 jobs created.

ALSO READ: Six facts that question efficacy of Saudi Arabia led anti-terror alliance

cinema school
Saudi women study film making at a university in Jeddah, Saudi Arabia, March 7, 2018. VOA

Cinema is one of several new avenues for Saudi women, who can now attend soccer matches, take part in sport, and in a few months will be allowed to drive cars.

The deeply conservative kingdom is still one of most restrictive countries for women in the world, with a guardianship system requiring women to have a male relative’s approval for important decisions.

For film student Qurratulain Waheb, the chance to get off the university campus and film with her classmates is welcomed.

“Before there was a problem if we had a camera in the malls, we were not allowed to enter the malls but things are getting smoother now when we have access,” she said. “When we have permissions it gets easier, it gets better and people are more accepting. They want to see what we’re doing.” VOA

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Saudi Arabia’s Sovereign Fund Invested $1 Billion In An American Electric Car Manufacturer

Saudi Arabia's 33-year-old Crown Prince Mohammed bin Salman has talked about using the PIF to help diversify the economy of the kingdom.

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Derek Jenkins, VP of Design at Lucid Motors, introduces the alpha prototype of the Lucid Air at the 2017 New York International Auto Show in New York City. VOA

Saudi Arabia’s sovereign wealth fund invested $1 billion Monday in an American electric car manufacturer just weeks after Tesla CEO Elon Musk earlier claimed the kingdom would help his own firm go private.

Tesla stock dropped Monday on reaction to the news, the same day that the Saudi fund announced it had taken its first loan, an $11 billion borrowing from global banks as it tries to expand its investments.

The Saudi Public Investment Fund said it would invest the $1 billion in Newark, California-based Lucid Motors.

Lucid Motors
Lucid Motors. Flickr

The investment “will provide the necessary funding to commercially launch Lucid’s first electric vehicle, the Lucid Air, in 2020,” the sovereign wealth fund said in a statement. “The company plans to use the funding to complete engineering development and testing of the Lucid Air, construct its factory in Arizona, enter production for the Lucid Air to begin the global rollout of the company’s retail strategy starting in North America.”

Lucid issued a statement quoting Peter Rawlinson, its chief technology officer, welcoming the investment.

“At Lucid, we will demonstrate the full potential of the electric-connected vehicle in order to push the industry forward,” he said.

The decision comes after Musk on Aug. 7 tweeted that he had “funding secured” to take Tesla private. Investors pushed Tesla’s shares up 11 percent in a day, boosting its valuation by $6 billion.

Lucid Motors
Electric Car

There are multiple reports that the U.S. Securities and Exchange Commission is investigating the disclosure, including asking board members what they knew about Musk’s plans. Experts say regulators likely are investigating if Musk was truthful in the tweet about having the financing set for the deal. Musk later said the Saudi Public Investment Fund would be investing in the firm, something Saudi officials never comment on.

Meanwhile Monday, the sovereign wealth fund known by the acronym PIF said it had taken its first loan, an $11 billion borrowing. It did not say how it would use the money, only describing it as going toward “general corporate purposes.”

Also Read: Electric Cars: The Newest Trend in India

The Las Vegas-based Sovereign Wealth Fund Institute estimates the Saudi fund has holdings of $250 billion. Those include a $3.5 billion stake in the ride-sharing app Uber.

Saudi Arabia’s 33-year-old Crown Prince Mohammed bin Salman has talked about using the PIF to help diversify the economy of the kingdom, which relies almost entirely on money made from its oil sales. (VOA)