HOW IT ALL STARTED

HISTORY

30/06/1967

The late Amir of Bahrain, Shaikh Isa Bin Salman Al Khalifa,may God rest his soul in peace, issued a charter to establish the Bahrain Cinema and Film Distribution Company (BC & FDC), with the following founder members:

Late Ali A. Rahman Al Wazan/Late Ali Ben Yousif Fakhro/ Late Ezra Ebrahim Nono/ Late A. Rahman Bin Mohamed Al Khalifa/ Mr. Mohamed Yousif Jalal/ Mr. Ali Ebrahim Abdul AaL/ Mr. Ali Yousif Obaidly/ Mr. Sayed Alawi Sayed Maoosa Al Alawi/ Late A. Rahman A. Ghaffar Al Alawi/ Mr. Jassim Mohamed Fakhro.

Authorized Capital BD 750,000

Issued Capital BD500,000 distributed over 50,000 shares, at a nominal value of BD10.000 per share.

06/06/1968

BC & FDC commences operations after acquisition of Awal Cinema, Bahrain Cinema & Al Nasr Cinema from late Abdul Rahman Al Alawi.

Al Zubara Cinema was leased from late Ali Bin Ahmed Al Khalifa.

08/06/1968

Opening of Al Hamra Cinema, being the first air-conditioned theater in Bahrain.

20/07/1971

Opening new premises of Awal Cinema after demolishing the old one. Taking over Al Zubara Cinema from late Ali Bin Ahmed Al Khalifa.

06/01/1972

Opening of Andalus Cinema at Isa Town.

01/04/1972

Leasing Awali and Sitra Gate Cinemas from Bapco.

1973

Closing down Al Zubara Cinema.

22/02/1973

Leasing Al Jazeera Cinema from the Government.

Increase of issued and paid-up capital to BD750,000 by offering 25,000 shares as rights issue at the rate of BD30.000 per share.

BC & FDC gets compensated with the Central Market Land in lieu of the ex-Bahrain Cinema Land.
Fire breaks down at Andalus Cinema.

BC & FDC changes its name to Bahrain Cinema Company (BCC)

17/06/1978

Another fire breaks down at Andalus Cinema.

27/08/1979

A major fire breaks down at Awal Cinema.

1979

Converting Al Nasr Cinema into an air-conditioned theatre.

Doubling the issued and paid-up capital to BD1,500,000 through issuance of 100% bonus shares, and splitting the share to BD1.000.

Opening new premises of Awal Cinema and closing Sitra Gate Cinema.

Induction of new management force represented by Dr. Esam Abdulla Fakhro as the Managing Director and Mr. Ahmad A. Rehman Rashed, as the General Manager.

Opening of Bahrain Video and Video Matic outlets.

BCC sells it’s share in Oman Arab Cinema.

Opening of Budaiya Video outlet

Disposal of Andalus Cinema to the Ministry of Information

Reduction of paid-up Capital to 1,259,880 following a write off of 240,120 shares + cash in a barter deal with the Government to surrender Andalus Cinema.

Sale of usufruct right of Al Jazeera Cinema Closing down Awali Cinema

Increase of authorized capital to BD3 million.

Increase of issued and paid-up capital to BD1,385,868 through issuance of 10% bonus shares.

Split of shares to 100 fils per share.

Increase of issued and paid-up capital to BD1,524,455 by issuance of 10% bonus shares.

Opening 2 screens of Delmon Cinema at GOSI Building

Increase of paid-up capital to BD1,722,635 through issuance of 13% Bonus shares.

Opening of Al Seef 6 screens Cineplex at Seef Mall.

Increase of paid–up capital to BD1,998,257 through issuance of 16% bonus shares.

05/05/2000

Al Nasr Cinema shuts down permanently after a major fire breaks down.

Al Hamra Cinema shuts down temporarily for repairs caused by fire.

28/06/2000

Opening of Al Jazeera 2 Screens Cineplex at Muharraq Island.

26/12/2000

Opening of 4 Screens Saar Cineplex at Saar

07/02/2001

Re-opening Al Hamra Cinema

03/04/2001

Closing of Al Raffain & Awali Video outlets.

19/09/2001

Opening of Seef 10 screens Megaplex

07/05/2002

Opening of “Rendezvous” open buffet Restaurant in Seef Mall

2002

Closing of Videomatic Video outlet

28/02/2003

Closing of Budaiya video

31/12/2003

Closing of Bahrain video

31/01/2004

Closing of Delmon video

11/04/2004

Increasing the paid-up capital to BD2,297,993 by issuance of 15% bonus share

29/04/2004

Opening of a new 14 screens Cineplex at the Doha City Center, Qatar

16/06/2004

Increase of authorized capital to BD10 million.

30/09/2004

Delmon Cinema, at the Gosi Mall shuts down permanently

04/01/2005

The signing of a new 20 Screens Cineplex at the Bahrain City Center.

16/01/2005

Increase in the paid-up capital to BD2,597,734 by issuance of 2,846,843 rights issue shares at the rate of 500 fils per share.

29/03/2005

Increase in the paid-up capital to BD2,942,430 by issuance of 15% bonus share.

18/03/2006

Increasing the paid-up Capital to BD3,383,795 by issuance of 15% bonus shares.

25/05/2006

Increase in the paid-up Capital to BD3,825,160 by issuance of 4,413,650 rights issue shares at the rate of 600 fils per share.

13/11/2006

Closing down of Snooker Centre

01/01/2007

Opening of Taka Tak Casual Indian Restaurant in Awal Cinema Complex

15/01/2007

The Signing of a 13 Screens Cineplex at the Villagio Mall, Doha, Qatar.

22/10/2007

Reduction of number of directors to seven.

24/01/2008

The sad demise of the Chairman Ali Bin Yousif Fakhro, may his soul rest in peace

10/02/2008

The formation of the BREADTALK joint venture.

03/03/2008

Increasing the paid –up capital to BD4,590,192 by issuance of 20% bonus shares.

30/04/2008

Sale of Central Market land

22/10/2009

The opening of Cineco 13 at the Doha Villagio Mall.

26/11/2009

The opening of Cineco 20 at the Bahrain City Centre

21/01/2010

Opening of Awal Banquet Hall

02/09/2010

Opening of the 3rd branch of Bread Talk at the Bahrain City Center

31/12/2010

The Formation of Qatar Bahrain International Cinema W.L.L.

22/03/2011

Increase in the paid-up capital to BD5,508,230 by issuance of 20% bonus shares.

07/04/2011

The opening of the 2nd branch of Rendezvous in City Center

01/01/2012

Company exits from breadtalk by selling it’s  shares to the existing shareholders.

28/05/2012

Villagio mall in doha shuts down for 115 days as a result of an unfortunate fire incident

21/03/2013

Re-opening of Rendezvous restaurant after renovation in Seef

06/10/2013

Shifting of Corporate Office to Fakhro Tower, Sanabis

26/03/2014

Increase in the paid-up capital to BD 6,609,876 by issuance of 20% bonus shares

27/12/2015

Opening of Takatak Restaurant outlet in Dragon Mall in Diyar Al Muharraq

03/01/2016

Closing down of Awal Cinema and closing of TakaTak Restaurant in Awal Complex

14/04/2016

Opening of 6 screens Cineplex in Wadi Al Sail Mall

19/04/2016

Opening of 3 screens Cineplex in Al Khor Mall in the State of Qatar

26/05/2016

Opening of 13 screens Cineplex in Gulf Mall in the State of Qatar

25/08/2016

Opening of Rendezvous Restaurant in Wadi Al Sail Mall

06/10/2016

Opening of Rendezvous Restaurant in Gulf Mall, State of Qatar

14/05/2017

The opening of Takatak/Chaat & Chai food outlets in Lulu Hyper Market in Hidd.

28/08/2017

Increasing the number of directors from seven to eight by appointing the CEO Mr. Ahmed A. Rashed, as the eighth Director of the Company.

28/08/2017

Increase in the paid-up capital to BD8,262,345 by issuance of bonus  shares at the rate of 25% of the paid up capital.

27/09/2017

Sale of 50% of assets of Cineco 20, City Centre to Majid Al Futtaim Cinemas Bahrain

31/03/2018

Closing of Rendezvous Restaurant in Qatar

25/10/2018

Opening of 10 Screens Cineplex in Oasis Mall, Juffair

31/12/2018

Closing of AL Jazeera Cinema

December 2019

Bahrain Cinema Company signs an agreement to develop Cineplex in Amwaj Village Mall,Amwaj Islands. CINECO will undertake the development of 5 screens in Amwaj Village Mall