Saudi cinema sector generates close to $1bn in revenue 

Vox Cinema at Al Qasr Mall in Riyadh. Shutterstock
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Updated 22 April 2024
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Saudi cinema sector generates close to $1bn in revenue 

RIYADH: Just six years after opening its first cinemas, Saudi Arabia’s big screen sector has accumulated SR3.7 billion ($986 million) in revenue, according to government data.  

As stated by the General Authority for Media Regulation, the industry sold over 61 million tickets from April 2018 to March of the current year.  

This period has witnessed the screening of 1,971 films, including 45 local productions, which underscores the burgeoning entertainment sector within the Kingdom. 

This significant growth in this division reflects Saudi Arabia’s rapid adoption of cultural activities, aligning with its Vision 2030 goals to diversify the economy and enhance quality of life. 

Hanaa Al-Omair, president of the Saudi Cinema Association, highlighted the rapid growth of Saudi Arabia’s cinema market, which she described as the most expanding market in the Middle East, according to a report by Saudi Gazette. 

Last year, the production of Saudi cinematic content included about 19 local films, underscoring a positive trajectory for the industry, she added. 

Vision 2030 is driving specific support measures for the entertainment sector, aiming to contribute over $23 billion or 3 percent of gross domestic product and create more than 100,000 jobs by 2030. 

The data also highlights the expansion of cinema infrastructure across the country. 

Currently, Saudi Arabia boasts 66 movie houses with approximately 618 screens and 63,373 seats.  

These facilities are operated by around six companies and are spread across 22 cities, illustrating the widespread accessibility of  entertainment venues in the Kingdom. 

Al-Omair expressed optimism about this trend, suggesting that it confirms the industry is moving in the right direction. 

As part of its effort to boost the Kingdom’s cinematic culture, the association announced earlier last week the release of the first 22 books for the Saudi Cinema Encyclopedia. 

The project aims to release 100 books in its first year, published by Josour Al-Thaqafah Publishing House. 

The first set of releases will be available to the public during the 10th Saudi Film Festival to be held on May 2-9. 


Saudi Arabia, Japan trade rises 38% between 2016 and 2024, minister says

Updated 11 January 2026
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Saudi Arabia, Japan trade rises 38% between 2016 and 2024, minister says

RIYADH: Trade between Saudi Arabia and Japan has increased by 38 percent between 2016 and 2024 to reach SR138 billion ($36 billion), the Kingdom’s investment minister revealed.

Speaking at the Saudi-Japanese Ministerial Investment Forum 2026, Khalid Al-Falih explained that this makes the Asian country the Kingdom’s third-largest trading partner, according to Asharq Bloomberg.

This falls in line with the fact that Saudi Arabia has been a very important country for Japan from the viewpoint of its energy security, having been a stable supplier of crude oil for many years.

It also aligns well with how Japan is fully committed to supporting Vision 2030 by sharing its knowledge and advanced technologies.

“This trade is dominated by the Kingdom's exports of energy products, specifically oil, gas, and their derivatives. We certainly look forward to the Saudi private sector increasing trade with Japan, particularly in high-tech Japanese products,” Al-Falih said.

He added: “As for investment, Japanese investment in the Kingdom is good and strong, but we look forward to raising the level of Japanese investments in the Kingdom. Today, the Kingdom offers promising opportunities for Japanese companies in several fields, including the traditional sector that links the two economies: energy.”

The minister went on to note that additional sectors that both countries can also collaborate in include green and blue hydrogen, investments in advanced industries, health, food security, innovation, entrepreneurship, among others.

During his speech, Al-Falih shed light on how the Kingdom’s pavilion at Expo 2025 in Osaka achieved remarkable success, with the exhibition receiving more than 3 million visitors, reflecting the Japanese public’s interest in Saudi Arabia.

“The pavilion also organized approximately 700 new business events, several each day, including 88 major investment events led by the Ministry of Investment. Today, as we prepare for the upcoming Expo 2030, we look forward to building upon Japan’s achievements,” he said.

The minister added: “During our visit to Japan, we agreed to establish a partnership to transfer the remarkable Japanese experience from Expo Osaka 2025 to Expo Riyadh 2030. I am certain that the Japanese pavilion at Expo Riyadh will rival the Saudi pavilion at Expo Osaka in terms of organization, innovation, and visitor turnout.”

Al-Falih also shed light on how Saudi-Japanese relations celebrated their 70th anniversary last year, and today marks the 71st year of these relations as well as how they have flourished over the decades, moving from one strategic level to an even higher one.