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DUBAI: Film AlUla has signed a memorandum of understanding with international film financier Sherborne Media at the 2026 Toronto International Film Festival, establishing a financial framework designed to expand production support for Saudi, regional, and international filmmakers shooting in AlUla in the northwest of Saudi Arabia.

Qualifying productions filming in AlUla will be able to access debt financing solutions secured against available production rebates, grants, incentives, and soft money. The combined support packages will cover up to 50 percent of eligible production expenditure incurred in AlUla.

The partnership aims to address one of the filmmaking industry’s key barriers: upfront liquidity for producers against their contracted rebate and incentives receivables, ensuring sufficient cash flow to facilitate production.

By providing a standardized, transparent process for financial due diligence, the initiative supports established Saudi, MENA (Middle East and North Africa), and international storytellers in bringing their projects to life using AlUla’s production facilities, purpose-built soundstages, and historic landscapes.

The partnership will also integrate workforce development opportunities to support the sustainable growth of Saudi Arabia’s film industry. Film AlUla and Sherborne will collaborate on structured training programmes, crew upskilling, and local hiring initiatives to build long-term regional production capacity.

Zaid Shaker, acting executive director of Film AlUla, said: “Financing remains one of the most critical challenges facing creators today — particularly for emerging creators in Saudi Arabia and the region. Our partnership with Sherborne Media allows us to establish an efficient, transparent mechanism that bridges the gap between creative vision and financial execution. By pairing our state-of-the-art facilities and rebate structures with institutional debt solutions, we are providing a reliable platform for local and international artists to tell authentic, compelling stories – right here in AlUla.”

Alastair Burlingham, CO-CEO of Sherborne Media, said: “Saudi Arabia’s screen sector is expanding rapidly, supported by strategic leadership and infrastructure investment. After the successful financing and production of ‘Chasing Red’ earlier in 2026, and leveraging the services offered by Caravan — our Saudi joint venture company with Stampede — we are delighted to join forces with Film AlUla during TIFF 2026 to help facilitate its growth by introducing a structured financing model.

“Curated credit facilities against soft money and incentives receivables give producers the financial certainty required to execute high-quality feature and television projects efficiently in AlUla.”

Paris: The French government submitted a reworked proposal to ban social media for children, after its previous ban was struck down by the country’s top constitutional authority, President Emmanuel Macron said on Monday.

“After rigorous technical work the government today is notifying” the European Commission of the new draft, Macron wrote on X. The notification is a key step, as it ensures that the legislation is in line with European Union laws.

California, home to the world’s largest tech companies, is placing more guardrails around social media and artificial intelligence as child safety concerns escalate.

On Thursday, California Gov. Gavin Newsom signed more than 10 bills aimed at keeping young people safe online.

From suicides to sextortion, parents and their children are wrestling with how social media and AI chatbots could be harming people’s mental and physical health. The anxiety comes as technology becomes more powerful, playing a bigger role in classrooms, offices and homes.

California lawmakers have tried to tackle online safety concerns for years and they’ve faced intense lobbying from tech companies with deep pockets. The state’s laws have a disproportionate impact on the global tech industry because so many of the field’s titans are based here.

“We cannot hand children technology engineered by some of the most sophisticated companies in the world, and then place the burden on kids to defend themselves against it,” said California First Partner Jennifer Siebel Newsom in a news conference Thursday in the San Francisco Bay Area.

The California governor, who has tried to strike a balance between safety concerns and supporting innovation, has rejected online safety bills in the past that he thought were too restrictive or premature.

The batch of new legislation includes Senate Bill 1119, which would require companion chatbot operators to assess risks, notify parents in certain cases if their child threatened to harm themselves, and take other safety steps.

Lawmakers named the bill Adam’s Law, after Adam Raine, a California teen who died by suicide in 2025 after conversing with OpenAI’s ChatGPT. The teen’s parents sued OpenAI, alleging in the lawsuit that ChatGPT provided information about suicide methods that the teen used. OpenAI and Pinterest publicly expressed support for the bill on Thursday.

Adam Raine’s mom, Maria, said in the news conference that the new law will help save lives and hopes that other states will enact similar legislation.

“Powerful AI companionship chatbots were unleashed on our kids with vastly inadequate protections. Adam was an early adopter of AI, and so many of us parents did not understand the dangers back then,” said Maria Raine, who came to the event with a photo of her son.

At the event, Democratic and Republican politicians shared their experiences as parents who have seen firsthand how technology affects children.

Assemblyman Josh Lowenthal (D-Long Beach) said parents are seeing anxiety and depression among children who grew up in front of screens.

“That anxiety is because the pace of technology is moving faster than government can put guardrails in, and that’s left families across the state struggling to figure out how to keep their kids safe,” Lowenthal said.

Lowenthal introduced Assembly Bill 1709, which Newsom also signed. It would bar certain online platforms from providing an “addictive feature” such as autoplay and feeds that display recommended content to users under 16 years old.

Tech industry groups opposed the bill, raising concerns that it could cut off access to social media’s benefits, such as people’s ability to connect with family and friends. Tech industry groups such as TechNet say that lawmakers should enforce current laws to strengthen parental controls rather than pass new ones.

NetChoice, which has sued California and other states to block the enforcement of new online safety laws, said in a statement that the group has First Amendment concerns about the new bills Newsom signed.

“The state cannot simply describe speech as addictive and then claim a right to regulate access to it,” said Zach Lilly, Director of Government Affairs at NetChoice. “Whether the governor and legislature choose to respect it, Californians have a right to express themselves, and NetChoice will continue to fight for that right.”

The new safety restrictions come as tech companies, including Meta, Google and others, face more scrutiny over how they design products. The companies have suffered several legal blows in courtrooms in California this year.

Meta, which owns Facebook and Instagram, agreed in August to pay up to $17 billion and make child-safety changes to resolve a multistate lawsuit. The lawsuit accused the tech company of designing and deploying harmful features while misleading the public about them.

As part of the settlement, Meta said it would impose time limits and mute notifications during certain hours for teens. Young people would also have the option to choose to view a non-algorithmic social media feed that isn’t personalized and disable autoplay.

Earlier this year, Meta and YouTube also lost a social media addiction lawsuit in Los Angeles.

While new legislation goes further than the settlements, some countries have passed stricter restrictions on social media. Last year, Australia started banning social media for children under 16, though enforcement has posed a challenge because teens are finding ways to get around the restriction.

Newsom, who pushed for federal regulation, said that he thinks California’s approach to social media is “better” than Australia’s because children are “all figuring out a way to game that system.”

“This is about the features themselves. This is about actually addressing the problem, the scrolling, the algorithms,” he said.

Safety concerns around technology have also heightened as companies double down on advancing artificial intelligence.

This week, a researcher for AI company Anthropic said he left the company over concerns that AI companies, including OpenAI, are “gambling with our lives” as they race ahead to improve AI that could surpass human intelligence.

The researcher, Jacob Coxon, shared a viral social media post that said: “People building AI earnestly believe that it could kill us all by the end of the decade.”

Newsom signaled the work to protect children isn’t over.

“We need to move, but one thing we’re not doing is we’re not sitting back and we’re not letting it rip,” he said.

Court also acquits Dow Jones on the charge of dismissal over Selina Cheng’s leadership role with the Hong Kong Journalists Association.

A Hong Kong court has convicted Dow Jones for trying to deter a journalist from taking a union role, but also acquitted the publisher on the charge of dismissal over the role, in a case that raised concerns about media freedom in the city.

Selina Cheng, who was fired by the Wall Street Journal (WSJ) in July 2024, had accused the newspaper’s publisher Dow Jones of unlawfully terminating her employment over her role chairing the Hong Kong Journalists Association (HKJA) and of trying to prevent her from standing for a union position.

The court found the company guilty on Thursday of trying to prevent Cheng’s right to run for the union chairmanship.

However, the judge sided with Dow Jones’ argument that she was made redundant because of corporate restructuring, and not due to her role as HKJA chair.

The right to take part in a trade union is protected by Hong Kong’s labour laws. An employer found guilty on “prevent or deter” charges could be fined up to 100,000 Hong Kong dollars ($12,755).

“If reporters’ employment rights are not sufficiently safeguarded, or when their rights are violated and not enforced in law, then we can no longer work safely as reporters,” Cheng told reporters outside the court after the ruling.

The judge said the company’s requirement that Cheng seek prior permission to take a union role was an “unjustified deterrent” of her rights.

Dow Jones said it disagreed with the ruling and was evaluating next steps.

“The Wall Street Journal has a long and proud history as an employer in Hong Kong. Throughout that time, we have remained deeply respectful of its labour laws and supportive of our employees’ rights, while publishing excellent, impartial journalism about the region,” a spokesperson said.

Sentencing is expected to be handed down at a later date.

Cheng launched a private prosecution last year for illegal termination, after filing a complaint with the Labour Department that did not result in a prosecution.

Founded in 1968, the HKJA is Hong Kong’s longest-established journalists’ organisation and one of the last remaining groups advocating for media rights in the city.

Although Hong Kong was once known for its independent news outlets, media freedom has come under strain and many outlets have disbanded since Beijing imposed a 2020 national security law following sometimes violent pro-democracy protests, according to international rankings and HKJA surveys.

Iran’s Revolutionary Guards said Wednesday they attacked two US vessels, eight oil tankers and 10 “non-compliant vessels” trying to pass through the Strait of Hormuz, state media reported.

“Two US vessels, eight oil tankers, and 10 non-compliant vessels attempting to pass through the prohibited and unsafe zone of the Strait of Hormuz were targeted,” the Guards said in a statement published by the official IRNA.

Meanwhile, six cargo ships transited the Strait of Hormuz yesterday, Tuesday, compared to nine ships the previous day and an average of about 12 ships over ten days, according to shipping data released today, Wednesday.

These numbers may change, as some ships typically choose not to operate their transponders during the voyage.

Preliminary data from Kpler at 0200 GMT showed that five of the six ships entered the strait while one exited, and the group included a Panamax-sized tanker and a medium-sized tanker.

The US-Israeli war on Iran escalated yesterday, Tuesday, as Houthi militia in Yemen, allied with Tehran, launched attacks on Saudi cities, further involving the kingdom in the conflict.

Simultaneously, US forces targeted several Iranian oil tankers, while Iran struck a US base in Jordan.

Meanwhile, 25 cargo ships transited the Bab El-Mandeb Strait yesterday, Tuesday, with 11 ships entering and 14 exiting the other vital Middle Eastern waterway.

This compares to an average of about 27 ships transiting the Bab El-Mandeb Strait over the past ten days.

Among the ships that transited the Bab El-Mandeb Strait were two Suezmax tankers, eight Aframax tankers, and a Very Large Crude Carrier.