Saudi city Taif set to open first park cinema for festival season

Saudi cinemas were in third place for ticket sales in the Middle East in the second quarter of 2019. Taif Municipality has been making final preparations for the inauguration of the 350-seat movie theater in King Abdullah Park. (Social Media)
Updated 30 July 2019

Saudi city Taif set to open first park cinema for festival season

  • The cinema attraction will form part of the Taif Season
  • Another movie theater will be opened in a commercial shopping mall in the city

TAIF, Saudi Arabia: The city of Taif is all set to raise the curtain on its first park cinema.
Taif Municipality has been making final preparations for the inauguration of the 350-seat movie theater in King Abdullah Park.
The cinema attraction will form part of the Taif Season of festival activities that kick off on Thursday.
According to Okaz newspaper, the theater will screen new movies not yet released to cinemas, with the majority of them being foreign films. Ticket prices will be fixed at SR50 ($13.30).
Another movie theater will be opened in a commercial shopping mall in Taif, although ticket prices have yet to be announced.


$17 billion spent on private sector innovation in Saudi Arabia

Innovation is defined as a product, production process, or a new or improved method of organizing or marketing. (SPA)
Updated 30 min 18 sec ago

$17 billion spent on private sector innovation in Saudi Arabia

  • Innovation is defined as a product, production process, or a new or improved method of organizing or marketing

JEDDAH: Spending on innovation in Saudi Arabia’s private sector totaled more than SR64 billion ($17.5 billion) in 2018, a wide-ranging government survey revealed.
The Institutional Innovation Survey 2018, released by the General Authority for Statistics (GaStat) on Monday, also showed that spending on innovation reached 2.74 percent of the total expenditure in the private sector.
Results of the survey were published through GaStat’s website www.stats.gov.sa.
The survey also provides data on the size of innovation in enterprises and the local market, identifies the extent to which the market embraces new products, and provides data on the extent to which companies adopt new ideas and innovations.
Innovation is defined as a product, production process, or a new or improved method of organizing or marketing.