4th cinema license awarded to Lux Entertainment Co.

Updated 30 August 2018

4th cinema license awarded to Lux Entertainment Co.

JEDDAH: Media Minister Dr. Awwad bin Saleh Al-Awwad on Wednesday awarded a fourth license to operate a cinema to Lux Entertainment Co. in partnership with Al-Hokair Group for Tourism and Development, Cinépolis International and Al-Tayer Group.
The partnership seeks to establish some 300 cinemas in 15 cities and towns across the Kingdom within five years.
In December 2017, the General Commission for Audiovisual Media approved the issuance of licenses to open cinemas in order to support the film sector, stimulate economic growth and diversification, and provide job opportunities.
In June 2018, Al-Awwad handed over the third cinema operation license to the Al-Rashed United Group — Empire Cinema.
The company is looking to build 30 theaters in several Saudi cities over the next three years.
In April 2018, Vox Cinemas, a subsidiary of Majid Al-Futtaim, won the second license to operate cinemas in the Kingdom. 
Majid Al-Futtaim will invest SR2 billion to open 600 screens and provide 3,000 jobs in the next five years.
AMC Entertainment Holdings Inc. was granted the first cinema license in Saudi Arabia.
AMC will open around 40 cinemas in 15 Saudi cities over the next five years.

King Salman welcomes Pakistan PM Imran Khan in Jeddah

Updated 6 min 24 sec ago

King Salman welcomes Pakistan PM Imran Khan in Jeddah

JEDDAH: Pakistan’s Prime Minister Imran Khan met with King Salman on Wednesday as part of his first state visit overseas.

During the talks, they reviewed the close relations between their two countries, the prospects for their development and strengthening in various fields, as well as the latest regional developments, the Saudi Press Agency reported.

The meeting was attended by Prince Khalid Al Faisal, Advisor to the King, Prince of Makkah Region, Prince Mansour bin Mteb bin Abdulaziz and a number of other officials from both countries.

Khan arrived in the Kingdom on Tuesday for a visit expected to focus on bilateral ties, regional security and Pakistan's economic situation.

Earlier, the prime minister was received by the King at Al-Salam Palace in Jeddah before the a luncheon was held in his honor.

In an interview with Al Arabiya aired on Wednesday, Khan said Pakistan would always stand by Saudi Arabia, and that anyone who comes into power in the country would visit the Kingdom first.

“Saudi Arabia came to Pakistan's aid when it needed it," Khan said. 

Earlier on Wednesday, Khan met the Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih on Wednesday.



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Khan received Al-Falih at his residence in Jeddah to discuss ways of cooperation between Pakistan and Saudi Arabia.

He also held a meeting with the Secretary General of the Islamic Cooperation Organization (OIC) Dr. Yousef bin Ahmed Al-Othaimeen

Khan, whose Tehreek-e-Insaf party won the July elections, is accompanied by Foreign Minister Shah Mehmood Qureshi and other senior members of his cabinet.

On Tuesday, the former cricketer visited Madinah where he prayed at the Prophet's Mosque.