iPic Dine-In Theaters is Coming to Saudi Arabia2 weeks ago by Miss2Bees in Trending
It looks like the dine-in luxury chain, iPic Entertainment, is eyeing the Saudi Arabia market. The company inked a memorandum to develop their theater-and-restaurant establishments throughout the Kingdom, in partnership with Saudi group BAS Global Investments Company.
Saudi recently lifted a 35 year ban on cinema under the ruling of Crown Prince Mohammad bin Salman Al-Saud. Two-thirds of the local population are under the age of 30 years old, there for, iPic will cater to the demographic as a social and affordable luxury entertainment destination.
We are thrilled to be working with BAS Global which we believe will be excellent local partners to lead growth of the iPic brand throughout the Kingdom of Saudi Arabia,” says Hamid Hashemi, Founder & Chief Executive Officer of iPic Entertainment. “We are excited to bring our first-class entertainment experience to the region and be a part of the country’s Saudi Vision 2030 Plan.