Live Update 
From the Liveblog of
Thursday, March 1, 2018
From the Liveblog of
Thursday, March 1, 2018
Saudi Arabia begins issuing movie theater licences
Add ToI as a Preferred Source on GoogleRIYADH, Saudi Arabia — Saudi Arabia began issuing licences Thursday to operate movie theaters in the kingdom ahead of their reopening, after a decades-long ban was lifted as part of a far-reaching liberalization drive.
The move is another step towards opening the Saudi market to regional and international theater chains, which have long eyed the kingdom as the Middle East’s last untapped mass market.
The culture and information ministry says it had “finalized the terms of licensing to restore cinema in Saudi Arabia.”
“Licensing commences immediately,” the ministry adds in a statement.
Major cinema chains are seeking to break into the market of more than 30 million people, the majority of whom are under 25.
— AFP
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