The UAE Media Council has announced that the cinema sector generated AED 517 million in revenue during the first eight months of this year, attracting around 11 million cinema visits.
It said that this increase highlights the growing public confidence in the country's world-class entertainment offerings.
Mohammed Saeed Al Shehhi, Secretary-General of the UAE Media Council, stated that the UAE holds 30 per cent of the Middle Eastern cinema market share, reinforcing its leadership in this vital industry.
This success is attributed to ongoing investments in cinema infrastructure and strong partnerships with major global film studios.
Al Shehhi emphasised that the UAE Media Council is committed to boosting the media sector’s contribution to the local economy through supportive policies and innovative services for filmmakers.
"We strive to create a creative ecosystem that empowers filmmakers to deliver content that meets global standards while catering to the diverse aspirations of the UAE community," he explained.
He added that the figures reflect the rich diversity of cinematic content available in the UAE, serving a community of over 200 nationalities. "Cinema here is more than just entertainment; it’s a lens for appreciating our cultural diversity and a platform for dialogue among different cultures."
Currently, the UAE has 702 screens across 72 locations in various emirates.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.
OpenAI has announced the launch of a new version of its advanced tool 'Deep Research' integrated into ChatGPT, maintaining a high level of quality while introducing enhanced accessibility across user tiers.
Japan's Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate any impact on industries and households from new US import tariffs.
Bangladesh and the World Bank have signed two financing agreements worth $850 million to strengthen the South Asian country's trade capacity, create jobs and modernise its social protection system.
Saudi Arabia and India agreed to boost cooperation in supplies of crude and liquefied petroleum gas, according to a joint statement reported by the Saudi state news agency on Wednesday following a visit by Prime Minister Narendra Modi.