Vox Cinemas announced that it has received a license to operate 600 film screen for $533 million (SR 2 bln) across several cities in Saudi Arabia, Reuters reports.
Vox Cinemas’ brand are run by UAE-based Majid Al Futtaim group and is set to open to first public a four-screen multiplex at Riyadh Park Mall in Saudi Arabia’s capital in the coming days, the company said.
The Development and Investment Entertainment Company (DIEC), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), on Wednesday oversaw the historic launch of the Kingdom’s first public cinema in collaboration with AMC Entertainment at a newly set up cinema complex at King Abdullah Financial District (KAFD) in Riyadh.