Vue to open 30 KSA cinemas

Vue International is eyeing expansion in Saudi Arabia. (Photo courtesy of Vue)
Updated 13 February 2018
0

Vue to open 30 KSA cinemas

LONDON: Vue International will open up to 30 multiplex cinemas in Saudi Arabia over the next three years after signing a deal with Riyadh-based Abdulmohsin Al-Hokair Holding Group.
The official memorandum of understanding signed on Monday follows the announcement last December that Saudi Arabia would lift the ban on commercial cinemas for the first time in 35 years.
Vue International has been in talks with Riyadh since last October. The cinema chain was the only operator to be invited to the Future Investment Initiative event held that month.
“This is a huge moment in the history of global cinema development for the exhibition industry and we are honored to be partnering with such a well-regarded and prestigious operator,” said Tim Richards, founder and chief executive, Vue International in a statement.
“Cinema has been an exciting form of out-of-home entertainment for over 100 years and the opening up of the Kingdom is testament to the industry’s continuing growth and resilience.”
The first cinemas could be opened later this year, according to Vue International.
Al-Hokair Group is known in the region for building and operating leisure and hospitality complexes, and currently owns and operates three shopping centers, 79 entertainment centers and 45 hotels in Saudi Arabia, UAE, Turkey and Egypt.


Facebook’s election ‘war room’ takes aim at fake information

Updated 18 October 2018
0

Facebook’s election ‘war room’ takes aim at fake information

  • Days after the surprise victory of President Donald Trump, CEO Mark Zuckerberg brushed off assertions that the outcome had been influenced by fictional news stories on Facebook
  • Facebook offered reporters a peek into the war room to show off its improved ability to prevent foreign interference in the upcoming US midterm elections

MENLO PARK, California: Facebook is showing off its new “war room,” a center for combating fake accounts and bogus news stories ahead of upcoming elections.
It’s the social network’s latest public signal that it takes election interference seriously ahead of the midterms.
Facebook didn’t always take the risk of election interference seriously. Days after the surprise victory of President Donald Trump, CEO Mark Zuckerberg brushed off assertions that the outcome had been influenced by fictional news stories on Facebook.
That attitude shifted as criticism of the company mounted.
Facebook offered reporters a peek into the war room to show off its improved ability to prevent foreign interference in the upcoming US midterm elections.
But critics fear the war room is more of a publicity stunt than an effective solution.