As per the deal, VOX Cinemas will operate the new 15-screen multiplex at Dar Al Arkan's Al Qasr Mall in Riyadh. The multiplex is scheduled to open in the first quarter of 2019.
Saudi Arabia-based real estate developer Dar Al Arkan, has signed an agreement with UAE-based retail operator Majid Al Futtaim,to open VOX Cinemas multiplex in the kingdom.
As per the deal, VOX Cinemas will operate the new 15-screen multiplex at Dar Al Arkan’s Al Qasr Mall in Riyadh.
VOX cinemas has 35 cinema complexes totaling 345 screens across the region, including 187 screens in the UAE, 15 screens in Lebanon, 47 screens in Oman, 30 screens in Bahrain, 28 screens in Egypt, 17 screens in Kuwait, and four screens in Saudi Arabia.
The deal was officially signed in capital Riyadh and works have started immediately, as per a statement from Dar Al Arkan.
The multiplex is scheduled to open in the first quarter of 2019 and will include VOX Cinemas’ signature KIDS and MAX experiences. KIDS is a family-friendly movie environment designed for little movie fans, and MAX is the mega-screen made for big blockbuster viewing, as per a statement from Majid Al Futtaim.
The design reportedly involves a major retail transformation of an existing section of the mall for the new 15-screen multiplex.
Commenting on the partnership, Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan Development, said: Majid Al Futtaim is a perfect partner that will help us create a unique experience at Al Qasr Mall for Riyadh residents and visitors. The company is considered the largest cinema operator in the region. It offers the most innovative and customer focused cinema experience, including the latest cinematic technology and a range of different cinema concepts to suit different consumer expectations. Al Qasr Mall is an ideal site for this new feature in family entertainment and is expected to become a celebrated addition to our existing and diverse selection of outlets that offer something for everyone.
Kelvin Kwok Han Sim, Chief Executive Officer of Dar Al Arkan Development, added: The new cinema complex will meet the expectations of our discerning guests and will feature the next generation technology fit for the current sophisticated and tech-savvy Saudi movie-buffs. This is a significant contribution and a novel addition to the evolving Saudi-cinema-culture. We are delighted to be partnering with Majid Al Futtaim on this exciting project in Riyadh.
Elaborating on the vision, Cameron Mitchell, Chief Executive Officer, Majid Al Futtaim Cinemas said: “We are pleased to partner with Dar Al Arkan on this exciting project. This is a significant opportunity for us to play an active role in contributing to Saudi Arabias 2030 vision which places culture and entertainment at the heart of a quality of life for Saudi citizens and residents.
Mohamed Galal, Chief Executive Officer of Dar Al Arkan Assets Management, the companys retail and leasing division, said:We are thrilled to be introducing the new entertainment complex at Al Qasr Mall, which will bring family entertainment and blockbuster movies to the doorsteps of film fans here in Riyadh. Our partnership with Majid Al Futtaim will bring exciting additions to Al Qasr Mall. Great care has gone into integrating the new complex with the existing modern retail facilities, to provide an exceptional choice in entertainment for families. When completed, the transformation in Al Qasr Mall will set a new standard for retail and family entertainment experiences for the people of Riyadh.