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AMC exits Saudi Arabia as young cinema market booms

AMC exits Saudi Arabia as young cinema market booms

DUBAI, United Arab Emirates (AP) — AMC Entertainment Holdings, the world’s biggest cinema chain, has decided to exit Saudi Arabia’s fast-growing market in the face of intense competition. The decision, announced Tuesday, comes less than five years after AMC opened the kingdom’s first movie theater following a decades-long ban. Saudi Arabia lifted the ban on […]

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