JEDDAH: Vox Cinemas, a subsidiary of Majid Al-Futtaim, won the second license to operate cinemas in the Kingdom.
The company received the license from the Minister of Culture and Information and Chairman of the General Authority for Audiovisual Media, Awwad bin Saleh Al-Awwad.
Majid Al-Futtaim will invest SR2 billion to open 600 screens and provide 3,000 jobs in the next five years.
This will help achieve the goals of the Kingdom’s 2030 Vision when it comes to diversifying the economy and local production.
Vox Cinemas is the largest cinema operator in the MENA region and the leading regional cinema operator in the Kingdom.
Majid Al-Futtaim is planning on opening its first movie theater in the Kingdom during the coming days. It will be in Riyadh Park Mall within the largest Magic Planet Family Entertainment Center in the region.
It consists of four screens, including the first IMAX screen for young people's movies and VOX KIDS, which is dedicated to children’s entertainment.
An earlier version of this article incorrectly stated that Vox Cinemas is part of the Al-Futtaim Group. It is in fact part of Majid Al-Futtaim. The above text has been amended to reflect this.