Saudi Arabia's first cinema to open on April 18

Agencies
April 5, 2018

Riyadh, Apr 5: Saudi Arabia's first cinema in over three decades will open on April 18 in Riyadh, authorities said Wednesday, after a ban was lifted last year as part of a far-reaching liberalisation drive.

AMC Entertainment has been granted the first licence to operate cinemas, with Saudi state media saying the US giant is expected to open 40 cinemas across 15 Saudi cities over the next five years.

"AMC plans to open the Kingdom's first cinema theatre in Riyadh on April 18," the information ministry's Centre for International Communication said in a statement.

The news comes after AMC Entertainment signed a non-binding agreement in December with Saudi Arabia's vast Public Investment Fund to build and operate cinemas across the Kingdom.

"The granting of the first licence marks the opening of very significant opportunities for exhibitors," Information Minister Awwad Alawwad was quoted as saying in the statement.

"The Saudi market is very large, with the majority of the population... eager to watch their favourite films here at home."

International theatre chains have long eyed the kingdom as the Middle East's last untapped mass market of more than 30 million people, the majority of whom are under 25.

The move to reopen cinemas is part of a modernisation drive by Crown Prince Mohammed bin Salman, who is seeking to balance unpopular subsidy cuts in an era of low oil prices with more entertainment options - despite opposition from religious hardliners.

The Kingdom has embarked on a wide-ranging programme of social reforms that includes boosting sports and entertainment and allowing women to drive from June.

In February, Saudi Arabia's General Entertainment Authority (GEA) announced it will stage more than 5,000 festivals and concerts in 2018, double the number of last year, and pump $64 billion in the sector in the coming decade.

The reform stems partly from an economic motive to boost domestic spending on entertainment as the kingdom reels from an oil slump since 2014.

Comments

shaji
 - 
Thursday, 5 Apr 2018

Congratulations to saudi nationals especially to female members who are very eager to pass their time in watching movies and other entertainments.  They used to go to Bahrain, DubaI ETC. for entertainment and now there is no need to go to other countries.   I hope more liberty will be given to Saudi Nationals to enjoy their life like in Dubai/Bahrain/Kuwait etc.

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News Network
March 16,2020

New Delhi, Mar 16: Joining other big names from the industry in raising the awareness about the novel coronavirus, actor Katrina Kaif on Sunday ensured the safety and urged everyone to take all the preventive measures to combat the spread of the virus.

The 36-year-old actor shared a post on Instagram along with a caption that read: "..... hope everyone is staying safe ... please follow all precautionary safety measures as recommended by the health professionals .... exercise and meditation help your body`s immune system ... keep your environment clean and happy."

In the shared post, she is seen posing for the camera along with her girlfriends, all seen in happy faces.

Earlier in the day actor Parineeti Chopra too took to Twitter and urged her fans to adopt social distancing to stop the highly contagious virus from spreading.

This comes three days after the World Health Organisation (WHO) announced coronavirus as a global pandemic.

In the wake of spurt in cases of coronavirus across the country, the Central Government on Saturday decided to treat the deadly virus as a "notified disaster".

As of Sunday, the total cases of coronavirus reported in India is 107, according to the Union Ministry of Health and Family Welfare.

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News Network
April 11,2020

Dubai, Apr 11: The UAE has conducted over 49,000 Covid-19 tests among UAE citizens and residents, it was revealed on Friday, using state-of-the-art technology in line with the 's plans to intensify virus screening in order to bring the disease under control.

The accelerated investigative measures helped detect 370 new coronavirus cases among various nationalities, all of whom are in a stable condition and receiving the necessary care.

This took the total number of infections in the country to 3,360, according to a MoHaP statement.

The Ministry also revealed the death of two patients suffering from Covid-19. Both of the deceased were Asian nationals and had pre-existing chronic illnesses. The total number of deaths has now reached 16.

The Ministry expressed its sincere condolences to the families of the deceased and wished a speedy recovery to all patients, calling on the public to cooperate with health authorities and comply with all precautionary measures, particularly social distancing protocols, to ensure the safety and protection of the public.

The Ministry also announced the full recovery of 150 new cases after receiving the necessary treatment, taking to 418 the total of those now recovered from the virus in the UAE.

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Gulf News
May 29,2020

Dubai: There aren’t that many job vacancies right now – but be prepared for a 15-20 per cent cut in salary expectations even for those positions that are still open. Businesses in the UAE are definitely not in a generous mood when it comes to hiring, with salary cuts now part of the new normal.

And they are definitely not willing to take on new hires without extracting some cost benefit from them. “We have seen major [salary] cuts across the board in hospitality, real estate, professional services and in retail,” said Vijay Gandhi, regional head at Korn Ferry Digital, the recruitment consultancy.

“And once the headcount correction is complete in [the local] financial services and energy sector, we may see more cuts in rewards and benefits in these categories as well.”

The salary cuts are slowly extending their way into the healthcare sector as well – just about every non-COVID-19 facing medical category is coming across cuts in the number of working hours and, by extension, their take home packages.

By end of June, more businesses and sectors in the UAE will have a better understanding of their short-term revenue prospects. By then, they will also have a better reading on what their staff strength should be – and whether there should be more trimming of the workforce. Or whether they should consider a few hires as well.

A long summer
So, realistically, it could be September before such decisions need to be taken. The coming weeks will then prove to be laden with anxiety for those who are expecting to land a job option after being laid off at their current employers.

There are multiple instances of recruitment decisions having been made in February/March, and then the companies rescinding those offers to the chosen candidates citing the business uncertainty.

“The decision to hire is taking longer – so job creation is now 4-6 weeks from interview and selection compared to 4-6 days in the past,” said Gandhi.

The lucky ones
Recently, free zones and other entities had made it easier for personnel on the visa of one entity being able to smoothly transfer to another if they are likely to be made redundant. “We are seeing more flexibility being offered by the authorities given the circumstances, and the visa transfer process is happening,” said Gandhi.

“But in the vast majority of cases, businesses are going to wait and watch before normal hiring activity starts. Organizations will look to hire from September.”

A few hires are still happening
Even in the business turmoil set off by COVID-19, a few categories are still offering jobs. At the entry level, logistics services personnel and drivers with experience remain in demand.

Not just “routine jobs, there have been confirmations in more technical roles such as procurement and operations in healthcare and e-commerce,” said Gandhi. “Employers should keep an eye for good talent and have the talent acquisition team actively looking for good profiles.

“As such, organizations are not only looking at “right sizing” in numbers but also “future proofing” on what kind of skilled talent will help them in the post-COVID-19 world.”

But for the candidates, the present will be about waiting around for the call to come.

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