Business

How the reopening of theatres in Saudi Arabia has changed the game of movie business

It has been four years since Saudi Arabia lifted a three-decades-long ban on cinemas, part of a series of social reforms by the powerful Prince Mohammed bin Salman.

Without cinemas, most Saudis watched films via satellite TV, DVDs, or the internet. A 2014 study showed that Saudis watch films online weekly.

Government data said that Saudis already spend $30 billion close to 5% of GDP on entertainment and hospitality elsewhere in the Middle East and more liberal cities in the surrounding region, such as Dubai and Manama, the capital of Bahrain.

Now the aftermath of the lifting ban has shown incredible growth. The Saudi government estimates that the cinema sector will contribute more than SR90bn ($24bn) to the country’s economy by 2030, creating 30,000 permanent jobs and 130,000 temporary jobs in the process.

More than 50 movie theaters, operating some 430 screens, have been established across the Kingdom, managed by Vox Cinemas, Muvi, Cinepolis, AMC, and Empire

Minister of Culture and Information Awwad Alawwad said that lifting the ban was a “watershed moment” that will boost the country’s economy.

 In the 1930s, in the Eastern Province, Saudi Arabia’s first cinemas appeared which was made by Westerner oil workers.

In the 1980s, authorities shut down cinemas because of religious objections after the 1979 terrorist attack on Makkah’s Grand Mosque.

Nahar Al-Hamrani, a producer and managing director of AlMaha Movies in Jeddah, would fly two-and-a-half hours to Dubai to catch a movie.

He said that sometimes he would just go to watch a film, grab a bite to eat, and head back home again. As soon as the situation changed in Saudi and cinemas were opened everything changed.

“It’s enjoyable, handy, and, for some odd cause, there’s simply one thing completely different about going to the cinemas right here. It’s proper in our yard.” He added.

The industry noticed a theatrical field workplace market progress value of $238 million in 2021 greater than double the earlier year takings of $122 million, dampened by the COVID-19 pandemic.

Global Business Magazine

Recent Posts

Real Estate Leader Sankey Prasad Launches Sterling Ark formerly Colliers Project LeadersMiddle East to Target GCC’s $3 Trillion Project Opportunities

Dubai, UAE, 24th March 2026 Real estate leader Sankey Prasad has launched Sterling Ark afteracquiring…

1 week ago

Dubai Targets 90% Cashless Transactions by 2026

Dubai has announced another significant step towards becoming one of the world’s leading cashless cities,…

1 week ago

FIA and UN Tourism announce first ever sustainable sports tourism award winners

FIA President Ben Sulayem: We are setting new benchmarks for sustainability while building a future…

1 week ago

Bahrain and Saudi Arabian Grands Prix will not take place in April

FIA Statement It has been confirmed today that, after careful evaluations, due to the ongoing…

1 week ago

ABB FIA Formula E in Madrid hosts a royal visit at inaugural race,welcoming His Majesty King Felipe VI

The race welcomed 30,000 fans over the weekend which saw António Félix da Costa win,…

1 week ago

Melqart Asset Management Eyes Dubai Expansion Amid Hedge Fund Boom

Melqart Asset Management, a London-based hedge fund founded by Michel Massoud, is on the verge…

1 week ago