Cinépolis set to enter the GCC


September 5, 2018 | By RetailME Bureau

Cinépolis, the fourth largest exhibition circuit globally and the largest cinema exhibitor in Latin America, has partnered with Middle Eastern retail conglomerate Al Tayer Group to build and operate cinemas across the GCC region.

This venture will introduce Cinépolis’ world-class cinema-going experience – high-touch theatre concepts, including Luxury, Premium, Macro XE, 4D Emotion technology and kid-approved Cinépolis Junior auditoriums – to Gulf audiences for the first time. Over the next five years, this joint venture will establish Cinépolis as a leading player in the UAE, Oman and Bahrain.

In Saudi Arabia, Cinépolis and Al Tayer Group have partnered with Al Hokair Group, a leading hospitality and entertainment operator in the MENA region. The joint venture has recently been granted a cinema operating license by the Saudi General Commission for Audiovisual Media (GCAM) and plans to develop movie theatres in 15 major cities across Saudi Arabia.

“We are delighted to have entered the Gulf market through our regional partner Al Tayer Group,” says Javier Sotomayor, Cinépolis managing director for the Middle East & Asia. “Through this venture, we are confident we can provide best in class service and experiences to our future customers. We are equally honoured to have partnered with Al Hokair Group in Saudi Arabia, who shares our mission to provide best in class service and experiences to guests.”

“We are pleased to partner with Cinépolis, and are delighted to become their regional partner offering world-class entertainment across the GCC,” adds Humaid Ahmed Al Tayer, vice president for Al Tayer Group. “We are also looking forward to the fruitful partnership with Al Hokair Group to set up cinemas in Saudi Arabia. We are confident that the community will enjoy an unparalleled experience in our theatres.”

“Al Hokair Group has been at the forefront of tourism and family entertainment in Saudi Arabia for over five decades. Our partnership with industry leaders Cinépolis and Al Tayer Group is a testament to our mission to contribute to the growth of entertainment in the Kingdom and the region,” states Mishal Al Hokair, Deputy CEO & general manager for Al Hokair Group.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the 

Continue Reading

January 17, 2021 | By RetailME Bureau
Cookit

Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau
Al Islami Plant-Based Burger

UAE-based Al Islami Foods, one of the largest frozen food companies in 

Continue Reading

January 3, 2021 | By RetailME Bureau
Marks & Spencer's plant-based range

Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free 

Continue Reading

December 23, 2020 | By RetailME Bureau




Download Images RetailME Magazine