Mexican cinema operator says to invest $300m in Saudi Arabia - Arabianbusiness

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Cinepolis Cinemas plans to launch 200 new screens in Gulf Kingdom by 2023

Cinepolis is a Mexican company and the third largest cinema operator in the world.

Cinepolis Cinemas, an operator based in Latin America, plans to invest US$300 million in Saudi Arabia over the next five years.

Cinepolis Gulf CEO Alejandro Aguilera said that in addition to recruiting more Saudi nationals in the entertainment sector, the group plans to launch 200 new screens by 2023.

The announcement follows the opening of the first two Cinemas in Al Jamea Plaza in Jeddah and Lulu Mall in Dammam.

In order to promote further regional expansion in Saudi Arabia, Cinepolis cooperates with Al Hokair Group and Al Tayer Group.

Aguilera added: “As Saudi Arabia increases its cultural and entertainment products, Cinema City is proud to provide filmmakers with an unparalleled experience and contribute to the Kingdom’s 2030 vision.

"Cinepolis hopes to provide customers with interesting, innovative and outstanding services, and to enrich the entertainment options throughout the kingdom."

Cinepolis Cinemas stated that its theater in Saudi Arabia includes reclining leather seats with the best viewing angles between rows, and a family-oriented junior high school auditorium with children’s play facilities and bean bag seats. Big slide, a ball pit and a private seat. Ballroom.

Cinepolis is a Mexican company and the third largest cinema operator in the world.

Cinepolis has 862 cinemas in 17 countries/regions and operates 6,664 digital screens.

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