Wētā Workshop has signed a Memorandum of Understanding with a Saudi Arabian princess. 

The agreement is part of five new commercial partnerships signed by Kiwi and Saudi businesses, valued at $100 million. 

Creative organisation Rukun was founded by HRH Princess Noura bint Saud bin Nayef bin Abdulaziz Al Saud and will work with Wētā to help grow Saudi Arabia's creative economy. 

Wētā Workshop co-CEO and COO David Wilks told Mike Hosking they’ve increasingly diversified over the years, and Saudi Arabia is the next step in the process. 

He says the opportunities are significant – the country is changing at a great rate and is looking for the kinds of talents Wētā has. 

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