As Saudi Arabia Mulls Opening Movie Theaters, Vue International Sees Opportunity

Read on: Deadline

EXCLUSIVE: Saudi Arabia is getting serious about going back to the movies. The kingdom is in the early stages of an initiative to build and open cinemas after more than 30 years of no public screens. The idea was mooted earlier this year by Ahmed Al-Khatib, chairman of the General Entertainment Authority, and was one focus of the Future Investment Initiative conference held in Riyadh late last month. The conference was organized under the aegis of Crown Prince Mohammad…