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Qatar-based Alnoor Holding has announed plans to raise the budget for a planned movie series on the life of Prophet Mohammed to $1bn.
The biopics will be produced as a series of seven films instead of three films as per an earlier announcement in 2009, Alnoor chairman Ahmed Al Hashemi was quoted as saying by AFP.
Alnoor announced in 2009 that it was seeking financing for the film series, to be produced by Barrie Osborne, a Hollywood veteran whose credits include Lord of the Rings and The Matrix.
Qatar-based Sunni cleric Sheikh Yusuf Qaradawi, head of the Association of Muslim Scholars, will lead research on the film and serve as technical consultant on the project, AFP reported.
The company said the film will be in English and will be translated into several different languages "to correct the wrong image Western societies have of Islam".
In October 2009, Alnoor launched a $200m international movie fund which plan to invest in at least 10 projects over the next five years.
Alnoor Holdings, owned by the Al-Hashemi group, said it was committed to "becoming the most dominant international media and entertainment player".
A lack of quality content in Arabic cinema, drama and theatre that prompted the company to establish an entity like Alnoor Holdings, official said at the time.
It is so sad to see Kuwait deteriorate in this way...can it not learn for its neighboring countries such as UAE and Qatar. So what are the values that... more
Saturday, 18 May 2013 8:47 PM - MikeYes - you're missing something. There was already at least one loan on the property of $700m plus Kerzner's 50% stake of $250m and Istithmar's $250m stake... more
Saturday, 18 May 2013 7:18 PM - Jerry YamateEnough with the startup/SME bandwagon jumping already! SME's need startup capital and loans, not some sharks dying to be the middle man and be cut in for... more
Saturday, 18 May 2013 10:24 PM - HishamOh Come on ...guys, I wonder how come this news became the most commented news headline...this isn't a social issue at all, this is just a news about... more
Saturday, 18 May 2013 4:56 PM - BaijuIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeI totally agree with Akbar Al Baker. Trade unions were created with splendid ideas then became political entities and take sides regardless of logics.... more
Friday, 17 May 2013 7:05 PM - N.S.Oh Come on ...guys, I wonder how come this news became the most commented news headline...this isn't a social issue at all, this is just a news about... more
Saturday, 18 May 2013 4:56 PM - BaijuIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graeme
Who cares.......the most powerfull Arab is this NEWS
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