Partners agree plan to open more cinemas in Kingdom

People are seen at Riyadh Park mall during the opening of a cinema on April 30, 2018. (REUTERS file photo)
Updated 01 February 2019

Partners agree plan to open more cinemas in Kingdom

  • SEVEN group has commttted to develop and operate 50 movie theaters throughout the Kingdom

JEDDAH: A partnership agreement to open more cinemas in Saudi Arabia has been signed by business chiefs.

Abdullah bin Nasser Al-Dawoud, chairman of the Saudi Entertainment Ventures Co. (SEVEN), and Fouad Al-Rashed, CEO of Asala Holding Co., on Thursday put pen to paper on a deal to establish new AMC cinemas in several Saudi cities.

The agreement is part of SEVEN’s strategy to develop and operate 50 movie theaters throughout the Kingdom over the coming years.

SEVEN, a unit of the Kingdom’s Public Investment Fund (PIF), aims to drive the Saudi entertainment industry forward through its other strategic sectors, particularly leisure parks.

Real estate firm Hamat Property Co., the operating arm of Asala Holding Co., specializes in the ownership, development and management of shopping centers and commercial properties. The company’s portfolio includes 25 operating shopping malls in the Kingdom.

SEVEN recently announced the launch of its first family-friendly entertainment complex, in Riyadh. 

 


Saudi Arabia: Requests from 160 nationalities have been screened to select Hajj pilgrims

Updated 12 July 2020

Saudi Arabia: Requests from 160 nationalities have been screened to select Hajj pilgrims

  • Of the pilgrims who will receive approval, 70 percent will be non-Saudis and 30 percent will be Saudi citizens
  • The requests were sorted in accordance with high standards that will ensure the safety and health of pilgrims

RIYADH: Requests from people of 160 nationalities in the Kingdom have been screened electronically to select who will perform Hajj this year, Saudi Arabia’s Ministry of Hajj and Umrah said on Sunday.

The requests were sorted in accordance with high standards that will ensure the safety and good health of pilgrims.

The deadline for all applications was July 10 and the main criterion for selection is good health.

Of the pilgrims who will receive approval, 70 percent will be non-Saudis residing in the Kingdom and the remaining 30 percent will be Saudi citizens.

Meanwhile, the Ministry of Interior said that anyone found to enter the sites of Hajj (Mina, Muzdalifah and Arafat) without a permit from Dhul Qadah 28 till the end of Dhu Al-Hijjah 12 will be issued with a fine of SR10,000.

The fine will be doubled if the offence is repeated. It added that security personnel will be posted on roads leading to the holy sites to ensure that anyone who breaks the law will be stopped and fined.