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Saudi Crown Prince Mohammed bin Salman (C) and Managing Director of International Monetary Fund Christine Lagarde (L) attend the Future Investment Initiative (FII) conference in Riyadh, on October 24, 2017. The Crown Prince pledged a "moderate, open" Saudi Arabia, breaking with ultra-conservative clerics in favour of an image catering to foreign investors and Saudi youth. "We are returning to what we were before -- a country of moderate Islam that is open to all religions and to the world," he said at the economic forum in Riyadh. / AFP PHOTO / FAYEZ NURELDINE (Photo credit should read FAYEZ NURELDINE/AFP/Getty Images)

Cinema is Coming to Saudi Arabia – Winners and Losers

Saudi Arabia is to allow cinema after 35 years of absence. The first cinemas could open as soon as March of 2018, with several operators vying for prime position. The aim is to have 2,000 screens in over 300 cinemas by 2030 in the country of over 32 million inhabitants. Below we examine the prospect…
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