AMC Cinemas at Al Makan Mall
Multi-screen AMC Cinemas opens at Al Makan Mall, announced investment banking, asset management and private equity firm Swicorp. Situated in Riyadh’s Hafr Albatin City, the AMC Cinemas at Al Makan Mall, a REIT property, has eight screens with a total capacity of 850 seats.
“Our new investment in the first multiplex theatre in Hafr Albatin further diversifies Swicorp Wabel REIT and expands its revenue streams for our investors,” stated Kelvin Kwok, CEO, Swicorp Saudi Arabia. “We believe that there is significant value in the new leisure and entertainment sector, which opened up recently in the Kingdom. Equally important is for us to be able to introduce a global brand such as the AMC multiplex cinema, which will present an iconic destination to our Saudi guests. AMC has been offering inimitable experiences to movie-goers worldwide through continued innovation. Its 90-year track record couldn’t be more important than in our present day, when moviegoers are looking for trusted brands that offer best-in-class amenities with premium presentation formats and high-quality health and safety assurance. Al Makan Mall will become the go-to place for family entertainment in the city.”
Also read: Returning to business safely
As AMC Cinemas opens at Al Makan Mall, the company has formed a joint venture with the Public Investment Fund in Saudi Arabia to open cinemas across the Kingdom. In April 2018, AMC opened its first cinema in Saudi Arabia, located in King Abdullah Financial District, Riyadh. Meanwhile, REIT is scheduled to open more movie theatres in its portfolio in three other cities with the one in Riyadh launching imminently, as well as in Dawadmi and Tabouk in due course.
For all the latest retail news from the Middle East, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
Why cinemas, wellness sanctuaries and cultural districts are becoming emotional infrastructure for
From bullion to boutiques, investment to immersion, Dubai Gold District marks a
Under the patronage of His Royal Highness Prince Saud bin Mishaal bin
When Crossword Bookstores decided to take its first step beyond India, Dubai
The Little Things, a pop culture lifestyle and collectibles retailer, has opened
Founded in March 2023, Ground Control Entertainment is quickly establishing itself as
In today’s fast-evolving retail ecosystem, the hotel industry is crucial in shaping
The intersection of retail and tourism has never been more dynamic than
Alshaya Group announces the opening of two standalone Disney Stores in the
NRF Vice President of Education Strategy Susan Reda forecasts 2025’s retail trends
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
Previous Article
