Interest rates have been very low over the last year - but will they go…
The Saudi Crown Prince has had plans to modernize Saudi Arabian society for a while now. The beginning of his plans starts with the lift on the cinema ban. In addition, men and women will be allowed to sit together in theaters.
In efforts to modernize the country, the Prince is trying to evolve Saudi Arabia to be more appealing to Westerners. Their government has also closed a deal with AMC entertainment to open about 100 theaters by 2030.
For the first time in 35 years, motion pictures will be available at local theaters, premiering with Disney’s widely known success “Black Panther”.