JEDDAH – AMC goes to open round 40 cinemas in 15 cities in Saudi Arabia over the following 5 years, in accordance to an settlement with Saudi Ministry of Tradition and Data.
The primary cinema will probably be opened in Riyadh on April 18. The license is the primary of its variety to let AMC function cinemas within the Kingdom. The corporate had signed a memorandum of understanding with the Public Funding Fund in November 2017 for potential commerce alternatives.
In line with data, round 350 cinemas with greater than 2,500 screens will probably be opened by 2030.
The cinemas can even not have any segregation, in line with Reuters.
“We’re wanting ahead to offering leisure companies that can allow everybody to spend an satisfying time taking part in world-class movie reveals throughout the Kingdom,” mentioned Adam Aron, CEO of AMC.