Bahrain Cinema Company (Cineco) and UAE-based Majid Al Futtaim Cinemas have announced a joint venture which will operate and expand the current 8,000 square metre cinema at Majid Al Futtaim’s City Centre Bahrain in Manama.
The joint venture will be owned 50 percent by Bahrain Cinema Company and 50 percent by Majid Al Futtaim Cinema Bahrain and will be subject to a number of conditions, including the approval of the shareholders.
The JV partners said they are reviewing plans to upgrade and extend the cinema, with the new entertainment megaplex expected to boast a large 4DX cinema, and the exclusive cinema dining experience ThEATre by Rhodes, the brainchild of Michelin Star celebrity chef Gary Rhodes.
Ahmed Rashed, CEO of Bahrain Cinema Company, said: “Since 2008 we have operated one of the highest performing cinemas in the world and are very excited to now partner with Majid Al Futtaim Cinemas to bring many additional benefits to our cinemagoers in the well-known City Centre Bahrain location.
"We are confident that our new partnership will see the City Centre Bahrain location become one of the world’s most iconic entertainment destinations with the addition of new screens and countless new innovative and exclusive cinema experiences."
Cameron Mitchell, CEO of Majid Al Futtaim – VOX Cinemas added: “Cineco has been a forerunner in the entertainment business in Qatar and Bahrain and is perfectly aligned with VOX Cinemas’ passion for innovation and entertainment excellence.”
With 96 cinema screens in Qatar and Bahrain, Bahrain Cinema Company's JV with Majid Al Futtaim Cinemas will see the VOX Cinemas brand operating 380 screens across eight countries before the end of 2017, doubling the company’s screen count in less than two years.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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