Box office revenue tops Saudi cinema with $83m in Q2 

This surge was driven by the momentum of Eid al-Fitr films, most notably the second installment of the “Shabab Al-Bomb” series. AL-EQTISADIAH
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Updated 30 November 2025
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Box office revenue tops Saudi cinema with $83m in Q2 

JEDDAH: Saudi box office data released by the Saudi Film Commission for 2025 showed a clear shift in revenue trends, culminating in the exceptional performance of the second quarter, which topped the year with a total of SR311.9 million ($83 million).

This surge was driven by the momentum of Eid al-Fitr films, most notably the second installment of the “Shabab Al-Bomb” series. April sales reached SR94.7 million, rising to SR98.7 million in May before closing June at SR118.5 million — the highest monthly total of the year. 

In comparison, the third quarter delivered a solid performance with revenues reaching SR296.5 million, according to Al-Eqtisadiah’s analysis of Film Commission data from June 29 to Sept. 27, 2025.  

This was driven by the peak of the summer season, particularly the film “Formula 1: The Rise of the Rising Stars” starring Brad Pitt. July’s screenings, the longest in the month (June 29 to Aug. 2), generated SR137 million, followed by a decline in August (Aug. 3 to 30) to SR90.9 million. The decline continued in September (Aug. 31 to Sept. 27) to SR68.6 million, coinciding with the start of the school year. 

First quarter revenues 

The first quarter was the weakest, totaling SR136.2 million, despite a strong start supported by the continued screenings of the Saudi film “Hobal” and the Egyptian title “El Hana Elly Ana Fih.” January alone recorded SR82.9 million before revenues fell to SR38.3 million in February and then to a low of SR15 million in March. 

During the first half of 2025, Saudi box office revenues reached SR448.1 million, with 9.1 million tickets sold across various cities. Growth was supported by the expansion of cinemas, which by midyear reached 65 theaters with 635 screens across 20 cities, alongside the strong performance of local productions. “Shabab Al-Bomb 2” topped the box office for the period, followed by “Hobal,” “Is’af,” and “Fakhr Al-Suwaidi.” 


Saudi Arabia opens real estate market to foreign buyers

Updated 22 January 2026
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Saudi Arabia opens real estate market to foreign buyers

RIYADH: Saudi Arabia’s Real Estate General Authority has announced that the regulatory system governing property ownership by foreigners officially came into effect on Jan. 22, with all provisions now enforceable under the national real estate framework.

The authority said applications for property ownership by non-Saudis can be submitted through the official digital platform, Saudi Arabia Real Estate. The system applies to residents and non-residents, as well as foreign companies and entities, in accordance with established legal procedures.

According to the authority, the application process varies by ownership category. Foreign residents in Saudi Arabia may apply directly through the portal using their residence permit, with legal requirements verified automatically and the process completed electronically.

Non-residents are required to initiate their applications through Saudi embassies and consulates abroad to obtain a digital identification number, which enables them to finalize the process via the platform.

Foreign companies and entities without a presence in the Kingdom must first register with the Ministry of Investment through the “Invest Saudi” platform and obtain a unified registration number (700) before completing ownership procedures electronically.

The authority confirmed that the system allows foreign individuals, companies, and entities to own property across Saudi Arabia, with ownership permitted in major cities including Riyadh and Jeddah.

However, property ownership in Makkah and Madinah remains restricted to Saudi companies and Muslim individuals, in line with a regulatory framework based on the Geographic Zones document, which is scheduled to be announced in the first quarter of 2026.

The authority noted that the Saudi Arabia Real Estate portal serves as the official digital gateway for all ownership procedures, ensuring regulatory compliance and direct integration with the national real estate registry to enhance transparency and protect property rights.

It added that the new system is expected to improve the quality of real estate projects by attracting international developers and specialized firms, stimulating growth in the residential, commercial, industrial, and tourism sectors, and creating employment opportunities for Saudi citizens.

The initiative is also expected to strengthen the real estate sector’s sustainable contribution to the Kingdom’s non-oil gross domestic product.