Vue International to Build Multiplexes in Saudi Arabia

Vue International has signed deals with Saudi partners to lift the curtain on cinemas after a 35-year ban amid a liberalization drive ushered by Crown Prince Mohamed Bin Salman. Vue International signed an exclusive preliminary agreement with the Abdulmohsin Al Read more

KSA: PIF to invest $500m to acquire ‘10 per cent’ of Hollywood agency

Saudi Arabia’s gigantic Public Investment Fund (PIF) is eyeing 5 to 10 per cent of stakes in Endeavor, the holding managing Hollywood talent agency WME, for an investment to exceed $500 million in the end, reports say. According to Bloomberg, Read more

Hamas Chief confirms Saudi-backed US plan proposing Abu Dis as future Palestinian capital

Head of the Palestinian Hamas movement Tuesday stressed that the US is working on a peace plan proposing to Palestinian leaders the village of Abu Dis, close to Eastern Jerusalem, as the future capital of Palestine. Ismail Haniyeh revealed the Read more

KSA: ‘Prince Waleed to get free for $6 billion’, Wall Street Journal

The Saudi anti-corruption commission, overseen by Crown Prince Mohamed bin Salman, is expecting to get from Prince al-Waleed bin Talal $6 billion in exchange for his freedom, Wall Street Journal reported. Prince al-Waleed bin Talal had been rounded up alongside Read more