For sale sign on restaurant. Photo from Gulf News

Global pandemic: UAE’s restaurants start to close down

Dubai: Restaurant businesses in the UAE are starting to put up ‘For Sale’ signs, with their owners realizing there is no escape from the destruction set off by the COVID-19 pandemic. Licenses and even the equipment and furniture are being offered at steep discounts in hopes that someone out there will buy them. “It’s a situation where for many if they try to open, it would mean more cash bleeding and which they will never recover,” said an industry source. “Only government-owned locations have been given rent deferrals or rent-free…

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A visitor inquiring about products at Cinema Build KSA 2020 exhibition in Riyadh. (AN Photo/Yazeed Alsamrani)

Cinema growth to boost Saudi Arabia entertainment sector

RIYADH: Developing the cinema sector in Saudi Arabia will enhance the quality of life of individuals and families, the opening day of the Cinema Build KSA 2020 forum in Riyadh heard on Wednesday. The two-day forum is being organised by the Eyes of Cities in association with the Great Minds Group and supported by the Quality of Life Program as one of the Saudi Vision 2030 realisation initiatives. The Quality of Life Vision Realization Program aims to improve individuals’ lifestyles by developing an ecosystem to support and create new options…

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