News: Saudi Arabia lifts 35-year ban on movie theaters.
From early next year, commercial movie theaters will be granted licenses, Saudi Arabia's Ministry of Culture and Information said in a statement on Monday. It expects the first cinemas to open their doors in March.
Mohammed Bin Salman, has vowed to destroy "extremist ideologies" and return to "a more moderate Islam."
Novo Cinemas, based in the United Arab Emirates, is already considering the opportunity. CEO Debbie Kristiansen told CNNMoney.