Black Panther will be the first film released in Saudi Arabia in 35 years.
It will be released by Disney and its distribution partner in the Middle East, Italia Film.
According to Variety, a gala will be held for the screening, taking place in "a new theatre with more than 600 leather seats located in the King Abdullah Financial District in a building originally intended to be a symphony concert hall, with orchestra and balcony levels and marble bathrooms."
Movie theaters were banned in the early 1980s once the country adopted ultra-conservative standards in 1979.
AMC wants to open 40 cinemas in Saudi Arabia in 5 years and 100 by 2030.
Saudi Arabia's changing, more progressive culture, led by the Crown Prince and Deputy Prime Minister of the country, Mohammed bin Salam was recently highlighted on 60 Minutes during the Stormy Daniels episode.