SAUDI ARABIA

AMC cinemas CEO announces rollout of new theaters across Saudi Arabia

November 01, 2019
File photo shows a Saudi taking a picture of the AMC logo during a cinema test screening in Riyadh on April 18, 2018. — AFP
File photo shows a Saudi taking a picture of the AMC logo during a cinema test screening in Riyadh on April 18, 2018. — AFP

RIYADH — Saudi Arabia is rolling out more cinemas across the Kingdom, Adom Aron, CEO of AMC Cinemas, said while speaking at the Future Investment Initiative forum in Riyadh on Wednesday.

Aron, whose AMC group manages tens of thousands of cinemas across the world, said: “This is such a historic and exciting development for the Kingdom — to reopen cinemas after a 37-year gap.”

Aron announced that AMC will be opening a second theater on Dec. 15, at the Panorama Mall in Riyadh, and has signed 17 leases, with another 13 in the works.

The goal is to open 50 cinemas in the Kingdom over the next three to four years, according to Aron, who added, AMC is coordinating with the Public Investment Fund (PIF).

“We have a very fine local partner in the Public Investment Fund. Working together, the AMC and the PIF are going to bring cinemas across the Kingdom,” Aron said.

Aron, while concluding his talk, invited guests to watch Star Wars on Dec. 18 in Riyadh. AMC operates about 1,000 theatres and more than 11,000 screens across the globe, serving about 350 million guests every year. — Al-Arabiya English


November 01, 2019
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