AMC Cinemas, one of the largest movie theatre operators in the world, has announced plans to show the first Disney film in the Gulf kingdom.
Incredibles 2 will premiere at its cinema located at the King Abdullah International Conference Centre in Jeddah, the company said in a statement.
The new movie is the first Disney production to be aired in Saudi Arabia and will be released after its first edition in 2014 achieved outstanding success in the box office with revenues exceeding $633 million.
AMC said tickets for the Incredibles 2 movie will go on sale on Thursday through its official website.
AMC added that it is currently working on implementing an expansion plan that offers movie enthusiasts the latest movies at several locations around the kingdom.
In April, the Development and Investment Entertainment Company (DIEC), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), launched Saudi Arabia’s first public cinema in collaboration with US-based AMC Entertainment.
The first cinema complex was located in the King Abdullah Financial District (KAFD) in Riyadh and the partnership could see 40 or more AMC Cinemas complexes open in the Gulf kingdom over the next five years.
The partnership between DIEC and AMC Entertainment will advance a key objective of Saudi Arabia’s Vision 2030 to grow the entertainment sector.
DIEC said it intends to invest up to SR10 billion in entertainment projects by 2030.For all the latest business 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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