Mukta Arts Ltd., through its Bahrain subsidiary, Mukta A2 Multiplex WLL, has entered into an agreement with Saudi Arabia’s Al-Othaim Investment Company to establish and operate cinemas across the kingdom of Saudi Arabia. The plan is to concentrate on tier 2 and 3 cities in the kingdom.
Speaking about the partnership, Rahul Puri, managing director of Mukta Arts Ltd., said, “We are thrilled to be partnering with the Al-Othaim group to help build out the kingdom of Saudi Arabia’s fledgling exhibition market. We are excited to add our experience and ethos in providing world-class entertainment to the region to follow up the stellar success we have found in Bahrain with the properties we manage there. We are deeply committed to this project…”