Global cinema chain Cinépolis has announced the locations of six new movie theatres in the Kingdom of Saudi Arabia (KSA).
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. These include Al Hokair Time in Jazan, Obhour Mall in Jeddah, Cordoba Mall in Riyadh, Najran City Center and Al Massarh Mall, with a total of 63 screens across all six locations.
The expansion into Saudi Arabia marks a huge milestone for the global cinema chain and has been made possible by the Kingdom’s Vision 2030, which aims to diversify the country’s economy by leveraging non-oil sectors and promote culture and entertainment.
The Saudi General Commission for Audiovisual Media (GCAM) issued the fourth Exhibitor License for Cinema Operation to Cinépolis International under the entity Luxury Entertainment LLC, which has partnered with Al Hokair Group for expansion in KSA along with its regional partner, Al Tayer Group, in August 2018.
Mishal Al Hokair, chairman, Luxury Entertainment LLC and CEO of Al Hokair Group; Miguel Mier, global COO, Cinépolis; Javier Sotomayor, managing director Asia Cinépolis; and Ashish Shukla, CEO Cinépolis Gulf, announced the six new cinemas in partnership with leading developers. Over the next five years, Cinépolis intends to be a leading exhibitor in the KSA region.
Cinépolis opened its’s first cinema in Bahrain in January 2019. Since then it has seen an ever increasing following from the local community in Bahrain and Saudis alike. The opening of the brand’s six cinemas in the Kingdom will help to boost the economy through the recreational spend. A recent study by PwC revealed that the Kingdom’s cinema market could potentially generate 60 to 70 million admissions and the box office market could be $950 million in 2030.
Cinépolis will introduce its world-class cinema-going experience through high-touch theatre concepts, including Luxury, Premium, Macro XE, 4D Emotion and kid-approved Cinépolis Junior auditoriums in Saudi Arabia that is home to over 39.5 million potential movie-goers. The new cinemas will provide movie-goers with an unrivalled level of service, food, technology and the latest movies from around the world.
Words by Katie Streten Experiential Strategy Director, VMLY&R COMMERCE Throughout the last year,June 13, 2021 | By Shruthi Nair
UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu
UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand
Locally owned supermarket Spinneys celebrates 60 years of doing business in the
UAE-based Carrefour will become the first retailer in the region to offer new levels
The Organic Farmers’ Market is back in Bay Avenue for its 12th
UAE-based Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah,
Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones
UAE-based Al Maya Supermarkets is hosting a two-week food festival at select
Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the
Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created
UAE-based Al Islami Foods, one of the largest frozen food companies in
Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free
The once powerful department stores that anchored malls and streets around the
Who isn’t a sucker for discounts? Customers today are spoiled for choice
The various e-commerce and virtual retail stores that cater to different product
A private helicopter carrying the chairman and managing director of Lulu Group,
Words by Shubhojit Mahalanobis, Director of Danube Home UAE’s tourism & hospitality sector
Tighter restrictions on hotels, restaurants, shopping malls and entertainment venues on account of
All hotels and restaurants have been directed to temporarily hold entertainment activities
The new Dubai Gold Souk is “very much on track”, according to
Gone are the days of traditional brick-and-mortar as well as purely e-commerce
The Dubai Gold & Jewellery Group’s ongoing jewellery campaign, held in association
Retail Abu Dhabi, the retail platform of the Department of Culture and