Vision expands as Saudi cinemas reopen in 2018

Saudis are rejoicing the government’s decision to allowing opening cinemas across the Kingdom. Earlier this year, musical concerts were allowed in the Kingdom to boost entertainment activities. In this file photo dated Dec. 3, Saudis watch composer Yanni performance at Princess Nourah bint Abdulrahman University in Riyadh. (Reuters)
Updated 27 December 2017
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Vision expands as Saudi cinemas reopen in 2018

JEDDAH: On Dec. 11, the Ministry of Culture and Information announced that commercial cinemas will be allowed to operate in the Kingdom as early as March 2018.
And the industry regulator, the General Commission for Audiovisual Media (GCAM), has started the process for granting licenses to cinemas in the Kingdom.
Officials from the board of GCAM stressed that all cinematic shows will be selected to match cultural and social values, and display entertainment content that is useful and purposeful and does not violate the Kingdom’s principles and ethics.
The historic announcement to lift the ban on cinemas in Saudi Arabia was celebrated by the public as they will no longer have to travel to Bahrain and the UAE to go to the movies.
Lack of cinemas in the Kingdom, according to one report, leads to 35,000 Saudis traveling daily to neighboring Bahrain where they spend an average of SR1,200 ($320) a day to see movies.
The move will create competition between cinema chains in the Middle East to control the Saudi cinema market as the Odeon chain will face stiff competition from Dubai-based VOX Cinemas, the leading operator in the Gulf and Middle East with more than 300 screens.
The world’s biggest cinema chains are coming to Saudi Arabia. AMC, which operates 11,000 screens mainly in the US and Europe, announced a joint venture with the Public Investment Fund (PIF), the Saudi sovereign wealth fund.
Saudi Arabia has the greatest malls in the Middle East offering all forms of entertainment, and after the announcement mall operators across the Kingdom began to create space and convert empty units into theaters to be ready for use within the next six months.
Saudi Arabia used to have cinemas to accommodate the influx of European workers at Saudi Aramco. Thirty-five years ago, due to religious activism, this changed due to strict religious bans.
The Saudi cinema market revealed that ticket prices are expected to start from SR30-45. Profits are expected to reach SR100,000,000 annually.
Many filmmakers and social media figures, directors, producers and actors are enthusiastic over the opening up of the Kingdom.
Many noted the importance of establishing institutions in the country to improve the skills of talented Saudi filmmakers, and how they could contribute and support the future of filmmaking and change stereotypical views about Saudi Arabia.


Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

Updated 22 January 2019
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Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

JEDDAH: Saudi Aramco’s Uthmaniyah Gas Plant (UGP) has been recognized by the World Economic Forum (WEF) as a “Lighthouse” manufacturing facility and a leader in technology applications of the Fourth Industrial Revolution. 
Saudi Aramco is the first energy company globally to be included in this select group of manufacturing sites. The plant is also the only facility in the Middle East to be recognized by WEF. 
The announcement was made ahead of WEFs annual meeting in Davos, Switzerland.
The gas plant is one of the world’s largest gas processing plants and was commissioned in 1981 as part of Saudi Aramco’s Master Gas System to process associated gas from oil wells. 
The use of drones and wearable technologies to inspect pipelines and machinery has helped cut inspection time by 90% in this industrial facility.
“The recognition of the Uthmaniyah Gas Plant demonstrates Saudi Aramco’s shift to transform and adapt in the rapidly changing global energy landscape. Uthmaniyah is only one part of our large integrated energy value chain where IR 4.0 technologies are playing a critical role to enable significant capital and operational efficiencies,” said Amin H. Nasser, Chief Executive Officer of Saudi Aramco.
The seven new facilities join nine other “Manufacturing Lighthouses” which WEF unveiled in September 2018. The 16 factories were selected from an initial list of 1,000 manufacturers based on their successful implementation of cutting-edge technologies of the future that drive financial and operational impact.
The “Lighthouse” program was conducted by WEF in collaboration with McKinsey during a year-long study. A study team visited UGP in Saudi Arabia and performed a thorough audit.