Al-Othman new SAGIA chief

Updated 22 May 2012
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Al-Othman new SAGIA chief

JEDDAH: Abdullatif bin Ahmed Al-Othman, senior vice president of Saudi Aramco, has been appointed governor of Saudi Arabian General Investment Authority (SAGIA) with the rank of a minister. An MIT graduate, Al-Othman replaces Amr Al-Dabbagh.
"We have appointed Eng. Abdullatif bin Ahmed bin Abdullah Al-Othman as governor of SAGIA with the rank of a minister," a royal decree issued by Custodian of the Two Holy Mosques King Abdullah said yesterday.
Al-Othman thanked King Abdullah and Crown Prince Naif for the appointment and said he would work with SAGIA staff to realize the hopes and aspirations of the Saudi leadership.
King Abdullah issued two more decrees appointing Abbas bin Ahmed Hadi, deputy minister of housing, and Khaled bin Abdul Qader Taher mayor of Madinah, both with excellent ranks. Taher replaces Abdul Aziz Al-Hosain, who has been "relieved of his position as Madinah mayor upon his request."
Al-Othman, the new SAGIA chief, earned his bachelor's degree in civil engineering from King Fahd University of Petroleum and Minerals in Dhahran in 1979 and a master's degree in business management from MIT's Sloan School of Management in 1998.
He joined Aramco in 1981 and has over 30 years of experience in planning and managing oil and gas projects. He has participated in the execution of major hydrocarbon projects for the company. He was appointed the Saudi oil giant's senior vice president for engineering and project management on Aug. 29, 2011.
He was manager of the Project Support & Controls Department in the Project Management Division, also a manager of Contract Review and Cost Compliance in Finance. He also served as manager of Business Analysis in Corporate Planning in Aramco.
SAGIA has been playing an important role in attracting foreign investment and improving Saudi Arabia's competitiveness. Working in partnership with the world's most prestigious developers and investors, SAGIA initiated the establishment of four giant economic cities in Rabigh, Madinah, Hail and Jazan.
It has set up business centers to make investment easy in the Kingdom.


AMC Cinemas and Noon team-up to sell tickets for historic ‘Black Panther’ showing

Updated 37 min 36 sec ago
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AMC Cinemas and Noon team-up to sell tickets for historic ‘Black Panther’ showing

  • The showing of Black Panther in the first commercial cinema to open its doors here in 35 years is eagerly anticipated by moviegoers.
  • The partnership with Noon.com is designed to give people the chance, every day, to buy such a limited amount of tickets.

Riyadh: With the return of cinema to Saudi Arabia just one day away, AMC Cinemas has announced a partnership with Noon.com to sell tickets online for initial screenings of “Black Panther,” the Marvel Studios production of the immensely popular comic book that heralds the return of movie theaters to the Kingdom on April 20.
The Kingdom-wide excitement accompanying the arrival of Black Panther in the first commercial cinema to open its doors here in 35 years is expected to generate hordes of would-be moviegoers for what will be the only cinema screen in all of Saudi Arabia as the cinema ramps up to full operations. The partnership with Noon.com is designed to give people the chance, every day, to buy such a limited amount of tickets.
Movie lovers can now go to www.noon.com, where they can click on a banner ad that will take them to the micro site for ticket sales and information. On the micro site landing page, a digital clock will count down to the start time for ticket sales for the next showing of Black Panther. As soon as the start time arrives, customers can click on “Book Now” to begin their ticket purchase with Noon. As soon as the show is sold out, the timer will reappear on screen along with a message indicating that there are no more tickets available and when sales will start for the next showing.
Initial screenings of Black Panther are reserved for families only and are not open to single males. Future showings will be made available for single men.
Although ticket sales are currently limited to next-day showings, customers will be able to choose their cinema experience, type of seat and the number of tickets they want to buy. There will be an initial limit of six tickets per customer. Black Panther will screen nightly at 8:30pm with tickets priced at SAR75, which includes a 25 percent entertainment tax levied by GCAM and 5 percent VAT.
Tickets for Friday night’s premiere event go on sale at 12:00am Friday, April 20 for the 8:30pm show on the same day.