She scooped up the Best Actress award for her appearance in movie Madres Paralelas during the closing ceremony of Venice Film Festival.
And shining the spotlight on another of her recent projects, Penelope Cruz was the guest of honour at the San Sebastian Film Festival premiere, held in Spain, for her film Official Competition on Friday.
The actress, 47, had all eyes on her during the event hosted at the Victoria Eugenia Theatre, as she dazzled on the red carpet in an elegant white ruffled dress and heels.
All white on the night: Penelope Cruz dazzled on the red carpet in an elegant white ruffled dress at the San Sebastian Film Festival on Friday while attending the screening of her move Official Competition
Penelope looked incredible in the chic design that perfectly highlighted her frame with its belted waisted and tiered skirt.
Her dress came with a revealing scooped neckline and she added a boost to her gown with a pair of silver metallic heels.
To finish off her red carpet look, Penelope accessorised with a metallic clutch bag and wore a stylish bangle on her wrist, while sporting large gold hoop earrings.
The movie talent wore her lightened locks down in a voluminous style and opted for a glamorous make-up look that came complete with a nude lip.
Stunning: Penelope had all eyes on her hair as she made her way along the red carpet
Wow factor: The chic design perfectly highlighted Penelope’s physique with its belted design
Finishing touches: Penelope accessorised her red carpet look with a metallic purse clutch and heels, while sporting a chunky silver bangle on one wrist
Ready for her close up: Penelope wore glamorous make-up for the high-profile event that came complete with a nude lip
Official Competition is a Spanish comedy starring Penelope and directed by Gastón Duprat & Mariano Cohn.
Penelope stars alongside Antonio Banderas and Oscar Martínez in the movie which follows renowned filmmaker Lola Cuevas (played by Penelope) who decides to recruit a billionaire entrepreneur and create an iconic movie starring Hollywood heartthrob Félix Rivero (Banderas)
The movie had its world premiere at this year’s Venice Film Festival, where Penelope scooped up a Best Actress award.
She won a Coppa Volpi award during the festival’s closing ceremony for her appearance in movie Madres Paralelas, directed by Spanish filmmaker Pedro Almodovar.
Lovely: The movie talent wore her lightened locks down in a voluminous style
Leading lady: Penelope has a starring role in Spanish comedy Official Competition
Rubbing shoulders She features in the movie alongside Spanish actor Antonia Banderas
Centre stage: She was joined by Banderas and their co-star Oscar Martinez for the screening
Suited and booted: Banderas looked dapper in a navy suit jacket and matching trousers
Good spirits: The actor put on an animated display as he headed into the event
Gang’s all here: Penelope stood out as she joined her co-stars on the red carpet (pictured R-L Antonio Banderas, Penelope Cruz, Oscar Martinez, Irene Escolar, Pilar Castro and Jaume Roures)
Accepting the award, Penelope said: ‘Thank you Pedro. This is 100 percent yours.
‘Thanks for once again trusting me, for inspiring me every day with your search for truth, outside and inside.’
She had previously described acclaimed director Almodovar as ‘my safety net’ in a press conference ahead of their red carpet appearance in Venice.
Penelope explained: ‘He can ask me to do something that can really scare me but I know he will be there waiting to sustain me,’ adding that she was grateful to the director for giving her ‘so many different, challenging characters’.
The actress stars as Janis in the highly-anticipated film which sees two women meet in a hospital room where they are both about to give birth.
Turning heads: Penelope and her co-stars were among the first to grace the red carpet at this year’s San Sebastian festival
High-profile: The international film festival kicked off on Friday and runs until 25 September (pictured L-R Banderas, Cruz, Oscar Martinez and Irene Escolar)
Penelope has appeared in seven of Almodovar’s movies, including All About My Mother and Volver.
The 2021 Venice Film Festival took place between 1-11 September and is considered one of the world’s oldest awards ceremonies, as well as one of the ‘Big Five’ events across the global film calendar.
The jury is headed by Parasite frontman Bong Joon Ho, who said he is ‘honoured’ to be woven into its beautiful cinematic tradition.
Following on from Venice, the San Sebastian Film Festival is currently underway.
The annual international film festival takes place in the Spanish city of Donostia-San Sebastián and will run from 17-25 September.
Stand-out: Penelope upped the sartorial stakes on her arrival to the screening (pictured above L-R: Escolar, Cruz and Martinez