First Saudi cinema in 35 years to open on April 18

Saudi Minister of Culture and Information Dr. Awad bin Saleh Al-Awad (L) and AMC CEO Adam Aron present the first license for the US-based movie theater company to operate cinemas in Saudi Arabia. (SPA)
Updated 05 April 2018

First Saudi cinema in 35 years to open on April 18

  • AMC plans to open its first new movie theater in the Saudi capital of Riyadh on April 18
  • Some 350 cinemas with more than 2,500 screens will be opened by 2030

JEDDAH: The Saudi Ministry of Culture and Information has signed an agreement with AMC to open around 40 cinemas in 15 cities in Saudi Arabia over the next five years.
The license, the first of its kind, will allow one of the world’s largest film companies, to operate cinemas in the Kingdom.
Under the license, AMC plans to open its first new movie theater in the Saudi capital of Riyadh on April 18.
The company signed a memorandum of understanding with the Public Investment Fund in November 2017 to discuss potential trade cooperation opportunities.
Saudi Arabia, with a population of 32 million, mostly under the age of 30, is expected to be the region’s largest market for movie theaters.
Last December, the Ministry of Culture and Information announced that commercial cinemas would be allowed to operate in the Kingdom starting from 2018, for the first time in more than 35 years.
Some 350 cinemas with more than 2,500 screens will be opened by 2030.
Dr. Awad bin Saleh Al-Awad, Minister of Culture and Information, said that granting the first license provides important investment opportunities for the cinema industry. 
He pointed out that the Saudi market is large and most of the population is under the age of 30, so they are eager to watch their favorite films in their country.
He added that the goal of the Kingdom’s Vision 2030 is to improve the quality of life by providing additional leisure opportunities. He pointed out that the opening of cinemas will help support the local economy and contribute to the creation of new jobs.
The cinemas will not require men and women to sit separately, a source told Reuters on Wednesday.
Vision 2030 has set a target of raising Saudi Arabia’s annual spending on cultural and recreational activities from 2.9% of total Saudi household spending to 6% by 2030.
Adam Aron, CEO of AMC, said the company is following with great admiration the creative movement of development projects in the Kingdom to open new economic sectors.
“We are looking forward to providing entertainment services that will enable everyone to spend an enjoyable time playing world-class film shows across the Kingdom.
AMC’s entry into the Saudi Arabian market comes in partnership with the Public Investment Fund (PIF) through its wholly-owned Leisure Development and Investment Company.
The move to allow movie theaters to open up a local market with annual ticket sales of up to $1bn is what makes other leading movie chains keen to enter as the largest market in the Gulf region.
AMC Theaters is an American movie theater chain owned and operated by Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group and Cinemark Theaters.

Decoder

AMC Theaters

AMC Theaters is an American movie theater chain owned and operated by Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group and Cinemark Theaters.


Saudi efforts for promotion of human rights lauded

Updated 46 min 57 sec ago

Saudi efforts for promotion of human rights lauded

  • Saudi Arabia has spent more than $86 billion in over 81 countries between 1996 and 2018

RIYADH: Dr. Awwad Al-Awwad, president of the Kingdom’s Human Rights Commission, said on Tuesday Saudi Arabia is keen to play a constructive role to maintain international peace and security, prevent conflicts and promote a culture of tolerance.
He said this during a meeting with Marielle de Sarnez, who is a member of the French National Assembly, in Riyadh.
They reviewed Saudi efforts in supporting human rights and the ongoing reforms in the Kingdom with a particular reference to the protection of human rights.
The French politician praised the developments taking place in the Kingdom in all sectors particularly human rights and women’s empowerment.

Saudi assistance
On the occasion of Human Rights Day, which is observed globally on Dec. 10, Al-Awwad said: “(Protection of) human rights is an issue of great international concern especially in the light of the rise in wars, intolerance, terrorism, hatred and racism.”
Highlighting the Kingdom’s role in humanitarian causes, the rights chief said that Saudi Arabia has spent more than $86 billion in over 81 countries between 1996 and 2018.
Commenting on the Kingdom’s keenness to preserve global and regional peace, he cited the Riyadh agreement between the legitimate Yemeni government and the Southern Transitional Council as an example.
He reiterated the Kingdom’s historical stance on the Palestinian issue.

Symposium
The Human Rights Commission organized on Tuesday a symposium titled “Human Rights, A Vision for the Future” in Riyadh.
Professionals in the field of human rights from inside and outside the Kingdom participated in this symposium, which was attended by a number of diplomats.
The symposium highlighted the Kingdom’s role in protecting and promoting human rights in accordance with its national and international commitments in this field. It also shed light on the Kingdom’s cooperation with various human rights organizations and reviewed the importance it attaches to the independence of the judiciary, the rule of law, safeguarding the rights of subjects of law, and respecting the course of justice.
The symposium discussed the most prominent developments in human rights during the reign of King Salman, safeguarding the privacy and rights of children in light of the digital age, and providing protection to the elderly as well as the challenges facing providing them with a suitable environment.
Abdul Aziz bin Abdullah Al-Khayyal, vice president of the Human Rights Commission, emphasized in a speech he delivered on behalf of the commission’s president, Dr. Al-Awwad, that Saudi Arabia, led by King Salman and Crown Prince Mohammed bin Salman, has made strides in the field of human rights.
“Saudi Arabia works continuously to achieve sustainable development through Vision 2030, in which the youth actively participate and play a major role in positive social change to contribute to more development achievements,” he said.
UN Resident Coordinator Nathalie Fustier stressed in her speech that the Kingdom has made many achievements in the field of human rights and that these efforts deserve to be saluted.
She added that the youth account for 25 percent of the Kingdom’s population and are the heart of society as they create the future of the next generations.
Fustier pointed out that at a global level, all development goals stipulate the protection of rights, including the rights of young people as they deserve many advantages and must be provided with the maximum benefits and more than the well-being and rights they have.