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Netflix To Give 5 Arab Female Filmmakers A $250,000 Grant

This is AFAC’s second collaboration with Netflix, and it aligns perfectly with its mission to promote diversity of voices and narratives.

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In 2021, Netflix set up its Fund for Creative Equity to create more opportunities for people from underrepresented communities. Now, the subscription streaming service and production company is partnering with the Lebanon-based Arab Fund for Arts and Culture (AFAC) to offer a $250,000 grant to 5 Arab female filmmakers.

“The Fund for Creative Equity helps the industry as a whole to have a much more dynamic, interesting, multidimensional representation of women, and this is one step in the journey to enabling more women to tell their stories and have new audiences discover their work”, said Nuha El Tayeb, Director Content Acquisitions, Middle East, and Turkey at Netflix.

Also Read: Disney+ Confirms Its Middle East Launch Date

The one-off grant will go to five projects across the MENA region:

  • The Mother Of All Lies by Asmae El Moudir (Morocco): A documentary focusing on the 1981 Bread Riots in Morocco and its impact on the director’s family and contemporary society.
  • My Name Is Clara by Sarra Abidi (Tunisia): A story of a call center operator named Ayda, who is living an ordinary and repetitive life.
  • Manity by Tania El Khoury (Lebanon): An examination of the relationship between an 11-year-old son and his father as they go bird hunting.
  • The Day Vladimir Died by Jana Wehbe (Lebanon): A story of an old man who spends his time checking the obituaries page and attending funerals.
  • From The Other Shore by Diala Kachmar (Lebanon): A movie about two handicapped friends who navigate life together.

This is AFAC’s second collaboration with Netflix, and it aligns perfectly with its mission to promote diversity of voices and narratives. “More and more Arab female filmmakers are creating moving images that have the power to shed light on the realities of the region,” said Rima Mismar, AFAC’s current Executive Director.

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NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

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neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.

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