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’s Qiddiya ‘shaping the future,’ says executive ahead of Six Flags opening
- Minister of Media Salman Al-Dosari underscored the Kingdom’s recent monumental achievements in alignment with Six Flags Qiddiya City’s symbolic upcoming opening, stating: “We, in Saudi Arabia do not start where others end, we start where others dream”
RIYADH: Qiddiya is “shaping the future of entire sectors,” the entertainment megaproject’s managing director said at a press conference on Monday ahead of the official opening of Six Flags on Dec. 31.
Abdullah Al-Dawood took to the podium to share his pride in Qiddiya City’s speedy progress.
“Today, Six Flags Qiddiya City is complete, and Aquaarabia is over 95 percent complete,” he said.
With doors set to open in nine days, Al-Dawood made sure to remind the audience that this milestone is only the beginning of a grander vision for Qiddiya City and the Kingdom as a whole.
“What we are doing today goes beyond simply developing a project, it is about building a city and shaping the future of entire sectors. God willing, the Kingdom will be among the leading countries in the fields of entertainment, sports, culture and tourism” he said.
Minister of Media Salman Al-Dosari underscored the Kingdom’s recent monumental achievements in alignment with Six Flags Qiddiya City’s symbolic upcoming opening, stating: “We, in Saudi Arabia do not start where others end, we start where others dream.”
En route to the park, Qiddiya executives welcomed members of the press to their grand project as mountains made way to rollercoaster views.
Qiddiya’s progress in becoming a hub for entertainment and sports is visible in the daylight as cranes and construction crew gathered to finalize building some of the most anticipated projects such as Aquaarabia, a waterpark, and golf courses in the heart of the desert.
The park is the first Six Flags outside of North America and forms part of Qiddiya Investment Co.’s flagship development.
