 "movie hall, cinema, film")
The Carnival Group, which runs cinema exhibition business under the brand Carnival Cinemas, has entered into a definitive agreement with Elan Group to acquire its 100 per cent stake in Novo Cinemas United Arab Emirates and the Kingdom of Bahrain. Carnival Cinemas has operations in India and Singapore and the United Arab Emirates.
Novo Cinemas currently operates 104 screens with over 16,000 seats across 10 properties in the United Arab Emirates and Kingdom of Bahrain and has planned expansions of over 50 additional screens over the next few years.
Shrikant Bhasi, chairman and founder of Carnival Group said, “We are
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