International cinema chains eye huge opportunities in Saudi Arabia

Saudis attend the "Short Film Competition 2" festival on October 20, 2017, at King Fahad Culture Center in Riyadh. (AFP)
Updated 13 December 2017
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International cinema chains eye huge opportunities in Saudi Arabia

LONDON: International and Middle Eastern cinema chains are eager to expand into Saudi Arabia following the Kingdom’s decision to allow movie theaters to operate from early 2018.
It will be the first time in 35 years that cinemas have been permitted to open in the Kingdom, and is a move likely to open up a whole new audience of cinema-goers hungry to watch the latest blockbusters without having to drive or fly to Dubai or Bahrain.
Novo Cinemas, which has 152 screens across the UAE and Bahrain, is one of the regional chains watching developments in the Kingdom with interest.
“Novo Cinemas are currently expanding everywhere. We have received several requests from KSA and are currently studying a number of these options,” Debbie Stanford-Kristiansen, chief executive at Novo Cinemas, told Arab News.
“These are dynamic and exciting times for KSA, the region and our industry,” she said.
Vox Cinemas, which is part of the Dubai-based Majid Al-Futtaim group, has also welcomed Saudi Arabia’s decision, and a spokeperson confirmed to Arab News that the cinema chain was “in talks to introduce our Vox Cinemas brand” to the Kingdom.
“We are highly committed to the people of Saudi Arabia and would welcome an opportunity to be part of this exciting development if given the opportunity,” the spokesperson told Arab News.
Vox cinemas has 284 screens across the whole Middle East region, including UAE, Lebanon, Oman, Egypt, Bahrain and Qatar.
In the UK, the cinema chain Vue is also exploring opportunities in the Kingdom.
According to reports In October by the UK newspaper, The Times, the company was invited to a Riyadh investment conference to pitch its idea for a chain of theaters in the Kingdom.
Commenting on the lifting of the ban, a Vue spokesperson told Arab News: “This is an exciting moment in the history of cinema, which has been an important medium for out of home entertainment for over 100 years.
“We are continually exploring new and attractive high-growth markets and this could be a significant opportunity for Vue. They have some incredible plans in place and we look forward to continuing our conversations in the region,” the spokesperson said.
Vue currently has 87 cinemas, with 843 screens across the UK and Ireland.
Last month, local media reported that the US-headquartered AMC Entertainment was potentially interested in operating in the Kingdom if the ban was lifted, citing comments made by AMC’s CEO Adam Aron at the MiSK Global Forum in Riyadh held in November.
The Saudi government will start issuing licenses for cinemas early next year, with the first theaters to open in March 2018, according to a statement from minister of culture and information, Awwad Al-Awwad issued on Dec. 11.

The lifting of the cinema ban is expected to bolster the Saudi Arabian economy, generate jobs, and help develop industries outside of the oil sector. It is one of a number of economic and social reforms, including the decision earlier this year to allow women to drive from June 2018.
“This marks a watershed moment in the development of the cultural economy in the Kingdom,” Al-Awwad said in a statement.
“Opening cinemas will act as a catalyst for economic growth and diversification; by developing the broader cultural sector we will create new employment and training opportunities, as well as enriching the Kingdom’s entertainment options.”
By 2030, Saudi Arabia is expected to be home to more than 300 cinemas, according to the government.

 

CNN suggests ‘false information’ could be behind UAE-KSA tensions

Updated 10 min 23 sec ago
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CNN suggests ‘false information’ could be behind UAE-KSA tensions

  • Abu Dhabi mobilized STC after being falsely informed that Riyadh asked for sanctions on UAE

RIYADH: Tensions between Riyadh and Abu Dhabi could have been sparked by false information provided to the UAE about the Saudi Crown Prince’s recent visit to Washington, CNN has reported.

The American news channels says it has learned from its sources that Saudi Arabia believes Abu Dhabi mobilized the separatist Southern Transitional Council (STC) forces, which it backs, in provinces bordering the kingdom after being falsely informed that Saudi Crown Prince Mohammed bin Salman had asked US President Donald Trump during a White House visit in November to impose sanctions on Abu Dhabi over its alleged support for a warring party in Sudan’s civil war.

CNN’s reporting also suggests that Riyadh has reached out to the UAE to explain that it made no such request.

Meanwhile, the American channel says the UAE official who spoke to it on the condition of anonymity didn’t directly address the matter when asked about the false information claims.

During the November visit, President Trump did publicly announce that he had instructed his government to intervene in a bid to resolve the ongoing, bloody conflict in Sudan, based on a request from the Saudi Crown Prince.

However, neither the statements of the president, the crown prince, nor any reports published by Saudi or US media made any reference to the UAE at the time.

On Dec. 30, Riyadh launched airstrikes on what it says was a UAE military equipment shipment to Yemen, which was uncoordinated with the Coalition.

The Kingdom also backed the Yemeni government’s call for UAE forces to leave the country, which Abu Dhabi has agreed to honor, issuing a statement that insinuates it has done so of its own will.

The UAE statement also claimed an unwavering commitment on the part of Abu Dhabi to Saudi Arabia’s security and sovereignty, rejecting any actions that could threaten the Kingdom or undermine regional stability.

Meanwhile, CNN said it also understands that further Saudi strikes targeting the STC remain on the table should the separatists not withdraw. After the UAE pulled its troops from Yemen last week, the STC moved toward secession, but under intense military pressure from Riyadh and its local allies, it lost territory, and it now claims it is happy to enter a dialogue with other Yemeni parties.

The Kingdom, for its part, has reaffirmed numerous times its belief that the Southern cause is a just one and has called for it to be discussed among the various parties at the negotiation table and away from the battlefield. Saudi Arabia has called for a dialogue to occur in Riyadh to discuss the Southern separation issue, and its call has been welcomed by the Yemeni government, various Yemeni factions — including the STC itself, as mentioned — and the majority of Arab and Muslim countries.

A problematic figure in the equation is Aidarous Al-Zubaidi, President of the STC, who is believed to have dual citizenship, and many Yemenis on social media have been posting images of his UAE passport and renouncing him as unfit for governing, claiming he serves a foreign agenda. Others also posted videos of him making statements that he would be happy to establish ties with Israel, should Southern Yemen gain its independence. Most recently as well, a post by Yemen’s Media Minister Moammar Eryani has accused the STC of allowing the theft and spread of weapons in Eastern provinces.

Eryani added that the STC has been deliberately causing chaos and “using Al Qaeda as a scarecrow to achieve its own political gains at the expense of Yemeni people”. CNN also says it has learned that

Saudi concerns extend beyond UAE involvement in Yemen and Sudan. Riyadh, according to the report, is also wary of the UAE’s policies in the Horn of Africa and in Syria, where it believes Abu Dhabi has cultivated ties with elements of the Druze community, some of whose leaders have openly discussed secession.

While no Saudi source was mentioned in the reporting, CNN’s narrative is in line with several public Saudi statements, which have objected to the recent Israeli recognition and endorsement of Somaliland’s separation from Somalia, Israeli attempts to undermine and attack the new Syrian government, and any attempt to impose a Southern Yemeni state by military means.

Israel maintains a close relationship with Abu Dhabi and an even closer one since the signing of the 2020 Abraham Accords, while Saudi Arabia has refused normalization with Tel Aviv until it recognizes a Palestinian State and adheres to a credible and irreversible path to achieving a Two-State Solution. This Saudi position has been reiterated yet again during the Crown Prince’s November visit to Washington.