Vue’s Saudi cinema deal
VUE International is making its first foray into Saudi Arabia just months after a 35-year ban on commercial cinemas was lifted.
The firm has paired with Abdulmohsin Al Hokair Holding Group – which operates a raft of leisure and hospitality centres – to launch 30 cinemas over the next three years. The joint venture will see Vue establish cinemas in some of Al Hokair’s existing sites as well as new developments, with the first cinema expected to open its doors later this year.
The Saudi government said it expected 300 cinemas to be open by 2030.