Cinépolis, the largest cinema exhibitor in Latin America and fourth largest exhibition circuit in the world, has announced the locations of six new movie theatres in Saudi Arabia.
The six cinemas will be rolled out across the kingdom over the next two years, with the first due to open in Lulu Mall, Dammam, at the end of this year, four scheduled for 2020 and the sixth for 2021.
The expansion into Saudi Arabia marks a huge milestone for the global cinema chain, the company said in a statement.
The Saudi General Commission for Audiovisual Media (GCAM) issued the fourth exhibitor licence for cinema operation to Cinépolis International under the entity Luxury Entertainment, which has partnered with Al Hokair Group along with its regional partner, Al Tayer Group, in August 2018.
Over the next five years, Cinépolis said it intends to be a leading exhibitor in the Saudi region.
Cinépolis opened its first cinema in Bahrain in January.
A spokesperson from Cinépolis Gulf, said: “Cinépolis’ launch into the Saudi Arabia entertainment market is a key milestone in our expansion strategy over the next five years.
“We are proud to be contributing to the Kingdom’s Vision 2030 as it goes through this historic period of transformation and hope to provide movie-goers with unrivalled experiences as Saudi Arabia increases its culture and entertainment offering.”
Cinépolis will introduce concepts, including Luxury, Premium, Macro XE, 4D Emotion and kid-approved Cinépolis Junior auditoriums to the country.
The new openings will be located in Lulu Mall in Dammam, Al Hokair Time in Jazan, Obhour Mall in Jeddah, Cordoba Mall in Riyadh, Najran City Centre and Al Massarh Mall, with a total of 63 screens.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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