MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum

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MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum
META CINEMA
    F   O   R   U   M

    MIDDLE EAST
CINEMA INDUSTRY
MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum
OVERVIEW OF THE
MIDDLE EAST
CINEMA INDUSTRY
The Covid-19 crisis has significantly impacted the Middle East
cinema industry because of the closure of the cinemas, resulting in
job losses. However, theatres have begun to slowly reopen in some
countries in the Middle East. In the current scenario, there seems
to be a new trend emerging, which is “drive- in” cinema. Although
drive-in cinemas are not a new concept in the Middle East, there
seems to be resurgence.

TRENDS EMERGING IN THE
MIDDLE EAST
CINEMA INDUSTRY
                                                                      UAE
The concept of drive-in experience started in the UAE after the coronavirus pandemic
forced closure of cinema halls. Abu Dhabi, Sharjah and Dubai have already launched
drive-in cinema theatres. The Abu Dhabi Department of Economic Development (ADDED)
issued a new circular in August allowing owners of cinemas inside shopping malls across
Abu Dhabi to resume operations at 30% capacity and comply with precautionary
measures to curb the spread of Covid-19. The move was made in coordination with the
Abu Dhabi Emergency, Crisis and Disaster Committee for the Covid-19 pandemic. ADDED’s
Under-Secretary noted that there are 19 cinemas operating in the emirate, 12 in Abu
Dhabi city, six in Al Ain city and one in Al Dhafra region. The first drive-in cinema in Dubai
was Vox Cinemas Drive-In and they set up home in Mall of the Emirates. Reel cinemas
launched a drive in experience in May 2020 at the Dubai Mall. Yas Island launched the
Yas Drive In Cinema, in partnership with Reel Cinemas, and Brag at Yas Marina Circuit, Yas
Island in July 2020. Sharjah has its very own drive-in cinema at Madar at Aljada. UAE-based
Azizi Developments is set to launch an outdoor drive-in cinema at Riviera, located within
Mohammed bin Rashid City in Dubai, by 2020-end.
MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum
KSA
Saudi Arabia’s cinema industry is potentially valued at approximately US$ 1 bn. Movie
theaters are making a partial comeback, with two of Saudi Arabia’s three major players
now taking ticket bookings and operating with limited capacity. Vox Cinemas and Muvi
Cinemas are both open for bookings again, while AMC Cinemas has yet to announce
a date for reopening. In August 2020, Swicorp Wabel REIT announced the opening of a
multi-screen cinema theatre at one of its key properties, Al Makan Mall, situated in the
city of Hafr Al Batin. The REIT is scheduled to open further movie theaters in its portfolio
in three other cities as well as Dawadmi and Tabouk in the short term. Investors feel that
there is significant value in the new leisure and entertainment sector, which opened up
recently in the kingdom, reaffirming their commitment to the Saudi Vision 2030 despite the
pandemic situation.

                                                                  OMAN
Muscat’s first drive-in cinema is ready to open its doors soon, with a capacity to
accommodate nearly 500 vehicles. Oman’s Drive-in Cinema is a 100% Omani project,
implemented by the Manather Qantab International Company. The aim of this initiative is
to provide jobs for unemployed nationals.
MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum
MAJOR
                                                PROJECTS
                                  Some of the major upcoming shopping center projects
                                  with cinema within the development scope are listed in
                                                                       the table below:

                                                                           Completion
       Name          Country   Project Status            Client
                                                                             Year

                                                National Real Estate
The Reem Mall in
                                                Company (NREC), Al
Najmat on Reem        UAE      Construction                                    2020
                                                Farwaniya Property
Island
                                                Development
Deira Islands -
                      UAE      Construction     Nakheel PJSC                   2021
Deira Islands Mall
                                                Majid Al Futtaim (MAF)
Mall of Oman         Oman      Construction                                    2020
                                                Group
Al Zahia City in
                                                Sharjah Holding, Majid
Sharjah - City        UAE      Construction                                    2020
                                                Al Futtaim (MAF) Group
Centre

Qiddiya City in
                                                Qiddiya Investment
Riyadh - City         KSA         Design                                       2026
                                                Company (QIC)
Centre

Meydan One
                      UAE      Construction     Meydan                         2021
Mall

Dubai Hills Estate                              Dubai Holding, Emaar
                      UAE      Construction                                    2020
- Dubai Hills Mall                              Properties
                                                Tilal Real Estate
                                                (Sharjah Asset
Tilal City - Tilal              Tenderfor
                      UAE                       Management with                2022
Mall                           Construction
                                                Eskan Real Estate
                                                Development)
                                                Al Raid Group of
Al Araimi Walk       Oman      Construction                                    2022
                                                Companies
                                                Salhia Real Estate Co.
Al Asima in Sharq    Kuwait    Construction                                    2021
                                                (SREC)

                                                        Source: www.venturesonsite.com
MIDDLE EAST CINEMA INDUSTRY - META CINEMA MENA Cinema Forum
FUTURE OUTLOOK
Developing the cinema industry has become a necessity to cope with during
these exceptional circumstances. Industry experts believe that the coronavirus
pandemic has accelerated some design trends, such as automated ordering of
tickets and food, online booking and the reduction or elimination of traditional long
concession stands. In Muscat, the first drive-in will have snack delivery automated
by using robots, in cooperation with the Roboto Restaurant in Muscat, a unique
dining venue where food is delivered by robots. Although the cinema industry has
experienced a challenging situation, it is expected to rebound. The drive-in cinema
concept is expected to stay, even after social distancing rules are relaxed, and
Covid-19 is under control in the Middle East.

  CONTACT US
  Anush Shetty
  Partnership Director
  anush.shetty@gmevents.ae
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