Ramla Ali launches 786 Entertainment with support from Saudi prince

British boxer Ramla Ali has launched a new film and TV production company called 786 Entertainment, with support from Saudi Prince Faisal Al Saud. The company aims to focus on minority-led stories and female narratives. Ali, who is also a model and activist, will run the company with her husband, Richard A. Moore, and the Saudi-owned Vainqueur Family Group. 786 Entertainment plans to develop projects like "Iron House," which tells the story of a U.S. army veteran. The company will be based in London and will open a production office in Saudi Arabia to nurture local talent. Ali is attending the Red Sea Film Festival to promote the new venture.