Company Insights Saudi Research and Media Group 4210 Media & Advertising Saudi Research and Media Group Overview Saudi Research and Media Group (SMRG) is a Saudi state-backed media company registered in Riyadh. The group mainly prints and distributes publications. In 1963 the first company of the group, Al Madina Printing and Publication Company, was founded. Al Madina Printing and Publication Company was later called Saudi Printing and Packaging Company (SPPC). It was formally established in 1972. Saudi Research and Media Group was established in London in 1978 with the launch of Asharq Al Awsat. Ten years later, it was registered as a limited liability company in Riyadh and then converted into a joint stock company in 2000. SRMG was listed on the Tadawul in April 2006. The company employs 1,900 journalists, creators and business leaders who reach an audience of more than 172 million, in seven different languages. SRMG has 30 titles, 25 websites and utilises interactive content alongside live news channels, apps and digital platforms. The company has 18 offices across 11 countries. Saudi Research and Media Group News Retail Tihama shareholders to vote on rescue for Saudi media group Shareholders in the loss-making media group that operates WH Smith shops in Saudi Arabia are to vote on a rescue plan next month. Tihama Advertising and Public Relations Company said its “financial reorganisation proposal under the Saudi bankruptcy rules” would be put to shareholders on December 18. The meeting will be overseen by Osama Al […] November 27, 2023 People & Lifestyle SRMG’s venture capital arm invests $5m in Anghami SRMG Ventures, the venture capital arm of the Saudi media company behind brands such as Asharq Business and Arab News, has invested $5 million in streaming platform Anghami. Anghami launched in 2012 and has 120 million registered users, up from 75 million users in 2021, and a catalogue comprising over 100 million songs. The first […] August 22, 2023 Tech Gulf investors back $20m funding for ‘YouTube of the metaverse’ Los Angeles-headquartered social media startup VUZ, which describes itself as ‘the YouTube of the metaverse’ has raised $20 million from a range of Gulf-based investors and aims to use the new funding to expand into Asia. Founded in 2017, VUZ also has offices in Dubai and Riyadh, and is a social app which allows users […] October 14, 2022 Posts navigation
Retail Tihama shareholders to vote on rescue for Saudi media group Shareholders in the loss-making media group that operates WH Smith shops in Saudi Arabia are to vote on a rescue plan next month. Tihama Advertising and Public Relations Company said its “financial reorganisation proposal under the Saudi bankruptcy rules” would be put to shareholders on December 18. The meeting will be overseen by Osama Al […] November 27, 2023
People & Lifestyle SRMG’s venture capital arm invests $5m in Anghami SRMG Ventures, the venture capital arm of the Saudi media company behind brands such as Asharq Business and Arab News, has invested $5 million in streaming platform Anghami. Anghami launched in 2012 and has 120 million registered users, up from 75 million users in 2021, and a catalogue comprising over 100 million songs. The first […] August 22, 2023
Tech Gulf investors back $20m funding for ‘YouTube of the metaverse’ Los Angeles-headquartered social media startup VUZ, which describes itself as ‘the YouTube of the metaverse’ has raised $20 million from a range of Gulf-based investors and aims to use the new funding to expand into Asia. Founded in 2017, VUZ also has offices in Dubai and Riyadh, and is a social app which allows users […] October 14, 2022
