JEDDAH: Media Minister Dr. Awwad bin Saleh Al-Awwad on Wednesday awarded a fourth license to operate a cinema to Lux Entertainment Co. in partnership with Al-Hokair Group for Tourism and Development, Cinépolis International and Al-Tayer Group.
The partnership seeks to establish some 300 cinemas in 15 cities and towns across the Kingdom within five years.
In December 2017, the General Commission for Audiovisual Media approved the issuance of licenses to open cinemas in order to support the film sector, stimulate economic growth and diversification, and provide job opportunities.
In June 2018, Al-Awwad handed over the third cinema operation license to the Al-Rashed United Group — Empire Cinema.
The company is looking to build 30 theaters in several Saudi cities over the next three years.
In April 2018, Vox Cinemas, a subsidiary of Majid Al-Futtaim, won the second license to operate cinemas in the Kingdom.
Majid Al-Futtaim will invest SR2 billion to open 600 screens and provide 3,000 jobs in the next five years.
AMC Entertainment Holdings Inc. was granted the first cinema license in Saudi Arabia.
AMC will open around 40 cinemas in 15 Saudi cities over the next five years.
4th cinema license awarded to Lux Entertainment Co.
4th cinema license awarded to Lux Entertainment Co.
Saudi Arabia says recent STC military movements in Hadramout, Al-Mahra were unilateral, uncoordinated
- Saudi Arabia said the moves harmed the interests of the Yemeni people, as well as the southern cause and the coalition’s efforts.
- The Kingdom said it coordinated with the United Arab Emirates, the president of the Presidential Leadership Council, and the Yemeni government to contain the situation.
RIYADH: Saudi Arabia on Thursday said that recent military movements in the Yemeni governorates of Hadramout and Al-Mahra carried out by the Southern Transitional Council (STC) were conducted unilaterally and without coordination with the Presidential Leadership Council or the coalition leadership.
“These movements resulted in an unjustified escalation that harmed the interests of all segments of Yemeni people, as well as the Southern cause and the coalition’s efforts,” read a statement published by the Saudi Press Agency.
The statement said Saudi Arabia has always prioritized preserving the unity of Yemen throughout recent developments, and that the Kingdom has spared no effort to reach peaceful solutions to resolve the situation in both governorates.
In this context, “the Kingdom worked with the brotherly United Arab Emirates, the president of the Presidential Leadership Council and the brotherly Yemeni government to contain the situation.
“A joint military team was sent from the Kingdom of Saudi Arabia and the United Arab Emirates to put the necessary arrangements in place with the Southern Transitional Council in Aden. These arrangements were made to ensure the return of the Southern Transitional Council forces to their previous positions outside the two governorates and hand over the camps in those areas to the Nation Shield Forces and the local authorities, in accordance with organized procedures under the supervision of the coalition forces.”
The statement said that these efforts remain in progress to restore the situation to its previous state.
Saudi Arabia also said it “hopes public interest will prevail through ending the escalation by the Southern Transitional Council and the withdrawal of its forces from the two governorates in an urgent and orderly manner.”
