The Development and Investment Entertainment Company (DIEC), a wholly owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), oversaw the historic launch of the Kingdom's first public cinema in collaboration with AMC Entertainment at a newly set up cinema complex at King Abdullah Financial District (KAFD) in Riyadh, Al Arabiya local news reported.
Prince Mohammed, the heir to the Saudi throne, has sought to project a moderate image of his austere kingdom, often associated in the West with jihadist ideology and subjugating women.
Saudi Arabia launched its first commercial movie theater on Wednesday, ending a almost 40-year ban on cinemas under a push by the crown prince to modernize the deeply conservative Muslim kingdom. However, films have been shown in the kingdom for decades, just not in commercial settings.
The government hopes that opening movie theaters will act as a catalyst for economic growth and diversification, creating new employment opportunities and providing Saudis with a greater range of entertainment options.
Tauran, seen as an energetic promoter of dialogue between the Roman Catholic Church and Islam, also met Saudi King Salman in the capital on Wednesday, state media reported.
"At AMC we have around 1,000 theaters and 11,000 screens across the globe - but none of them have caught the world's imagination like this one", said AMC CEO Adam Aron. "Most of the time people react because they don't know who you are or who they are".
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She said she and her friends used to go to the movies overseas, like many Saudis who would flock to neighboring Bahrain or the United Arab Emirates on weekends to see the latest flicks.
AMC Entertainment plans to build as many as 40 cinemas over the course of the next five years.
It was not clear whether Black Panther underwent similar censorship for Wednesday's screening.
Saudi Arabia said a year ago that movies "will be subject to censorship according to media policy standards of the Kingdom", to ensure they comply with Saudi values and principles and do not contradict Sharia, or Islamic, law.
Saudi movie fans already got a taste of Tinseltown in January, when a film festival in Jeddah screened "The Emoji Movie" and "Captain Underpants".