First Jeddah Vox Cinema to open January 28

First Jeddah Vox Cinema to open January 28
Saudis gather at a cinema theatre in Riyadh Park mall after its opening for the general public on April 30, 2018 in the Saudi capital. (File/AFP)
Updated 27 January 2019

First Jeddah Vox Cinema to open January 28

First Jeddah Vox Cinema to open January 28
  • The cinema’s grand opening at the Red Sea Mall will be held at 6:30 p.m. local time
  • Vox Cinemas announced it would be investing $533 million to open 600 theaters in the next five years

DAVOS: Vox Cinemas will be opening its doors in Jeddah on Jan 28 for the first time since the ban was lifted in 2018.

Alain Bejjani, CEO of Al Futtaim, told Arab News at the sidelines of the World Economic Forum in Davos.

The cinema’s grand opening at the Red Sea Mall will be held at 6:30 p.m. local time, where a ribbon cutting ceremony will be held with entertainment and a movie screening.

Last year, Vox Cinemas announced it would be investing $533 million to open 600 theaters in the next five years.

Cinemas had been banned for 35 years until the first cinema in the Kingdom opened on April 18, 2018, in Riyadh.

This comes as part of Crown Prince Mohammed Bin Salman’s Vision 2030 initiative which has been pushing for social reform and broadening the economy to reduce its reliance on oil to tackle youth unemployment. 


Fraudsters up their game, posing as bank officials on the phone in Saudi Arabia

Fraudsters up their game, posing as bank officials on the phone in Saudi Arabia
Vishing that occurs during a telephone call aims to provoke fear in the victim so that customers will be more susceptible to giving out personal, financial, or security details. (shutterstock)
Updated 15 min 25 sec ago

Fraudsters up their game, posing as bank officials on the phone in Saudi Arabia

Fraudsters up their game, posing as bank officials on the phone in Saudi Arabia
  • The Saudi Central Bank (SAMA) has warned bank customers, both citizens and expatriates, not to fall victim to financial frauds being perpetrated by scammers

JEDDAH: Fraudsters have developed a new scam, contacting residents in Saudi Arabia and pretending to be bank staffers requesting customer details.
A number of Arab News staff have received such calls in recent weeks. One caller spoke Urdu while two other callers posing as senior officials from the headquarters of the bank spoke in English and Arabic with a local accent.
They used phone numbers that appeared to be local numbers but upon calling back, the lines failed to connect.
The racketeers collect phone numbers of customers and ring them up, saying that their bank account or ATM card requires immediate updating. The scammers use the information provided to gain access to their bank accounts.
Speaking to Arab News, Talat Zaki Hafiz, secretary-general of the Media and Banking Awareness Committee of Saudi banks, said: “Saudi banks represented by the Media and Banking Awareness Committee have repeatedly warned bank customers not to react to stray phone calls of any kind coming from unknown sources that ask to update their banking record or personal information.” He further confirmed that banks do not request such information through phone calls or SMS messages.
Mohammed Khurram Khan, a professor of cybersecurity at the King Saud University in Riyadh, told Arab News: “Phishing, an online scam which targets users through emails where individuals are encouraged to click on a link that takes them to fraudulent sites, was troubling people. Now it’s a different kind of scam known as ‘vishing,’ over-the-phone phishing, where scammers persuade users to share their banking information by impersonating a bank official.”

HIGHLIGHT

The racketeers collect phone numbers of customers and ring them up, saying that their bank account or ATM card requires immediate updating. The scammers use the information provided to gain access to their bank accounts.

Vishing that occurs during a telephone call aims to provoke fear in the victim so that customers will be more susceptible to giving out personal, financial, or security details.
Sharing his experience Zafar Hasan, an e-learning consultant in Riyadh, said: “I received a call from someone on an unknown mobile number who introduced himself as a bank employee and told me that my ATM card was going to be blocked. It required an immediate update so I should give my Iqama number (residence permit number) and sixteen-digit ATM card number. I felt something was fishy, so I told him that I would go personally to the bank to update the card.”
The Saudi Central Bank (SAMA) has warned bank customers, both citizens and expatriates, not to fall victim to financial frauds being perpetrated by scammers.
SAMA called on bank customers to take information only from the official channels of the bodies regulating the Kingdom’s financial and investment sectors and inform the competent security authorities about such fraudulent attempts.