an interesting article at newsweek By Rod Nordland has other perspective of the story
http://www.newsweek.com/id/139434
on again/off again veiled actress Abir sabri says, referring to the strict form of Sunni Islam prevalent in Saudi Arabia. "Before, they invested in terrorism—and now they put their money in culture and the arts.
At the Grand Hyatt Cairo, a mile upstream along the Nile, the five-star hotel's Saudi owner banned alcohol as of May 1 and ostentatiously ordered its $1.4 million inventory of booze flushed down the drains. "A hotel in Egypt without alcohol is like a beach without a sea," says Aly Mourad, chairman of Studio Masr, the country's oldest film outfit. He says Saudis—who don't even have movie theaters in their own country—now finance 95 percent of the films made in Egypt.