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Mukta Arts’ arm to establish, operate cinemas across Saudi Arabia

22 Nov 2023 Evaluate

Mukta Arts’ subsidiary -- Mukta A2 Multiplex W.L.L. has entered into an agreement with Saudi Arabia-based AI-Othaim Investment Company to establish and operate cinemas across the Kingdom of Saudi Arabia.

The key focal points for expansion in Saudi Arabia lie in the tier-two and three cities, which are experiencing dynamic growth. Mukta Arts is not currently engaged in direct investment but has positioned itself through contractual agreements solely focused on providing management and operations services.

Mukta Arts is one of India's leading production houses with business interests across the entertainment spectrum from Exhibition to Education.

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Company Name CMP
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Saregama India 506.85
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