Saudi Research and Marketing Group Saudi Research and Marketing Group
) is a Saudi joint stock company
registered in Riyadh
. The group mainly publishes, prints and distributes various publications.
Saudi Research and Marketing Group
The establishment of the SRMG dates back to 1963 when 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). Hisham Hafiz
was one of the founders of the company. Kamal Adham
, former head of Saudi intelligence
, was also one of the early shareholders of the company.
Next, the company was established in London in 1978.
Ten years later, on 5 July 1988, it was registered as a limited liability company
in Riyadh and then, converted into a joint stock company in 2000.
The company was listed in the Saudi stock market, Tadawul
, on 8 April 2006 and therefore, went public.
In August 2008, an independent board of trustees of the company was formed, making it the first Arab media company with such a body.
The company has been often related with the Saudi King Salman bin Abdulaziz
However, he is neither the chairman nor the shareholder of the company.
Major shareholders of the SRMG are as follows:
- Al Ahli Capital Fund 13 29.90%
- Al Ahli Capital Fund 4 29.90%
SRMG is the largest publishing company in the Middle East
engaged mainly in providing information products and services by publishing newspapers and magazines across the Middle East and globally.
The company owns fifteen daily, weekly and monthly newspapers and magazines,
including Asharq Al Awsat
, Arab News
, Al Majalla
, Urdu News
and Al Eqtisadiah
. Its establishment is regarded as the beginning of the new Saudi media empire.Global Investment House
in its 2009 report stated that SRMG newspapers have 29.3% market share in Saudi Arabia.
Additionally, the company also deals with marketing, advertising and distributing services heavily across the MENA region
SRMG operates in seven countries.
Subsidiaries, associates and joint ventures
Major subsidiaries, associates and joint ventures of SRMG are given as follows:
- ^ a b c "Saudi Research and Marketing Group Basic Company Profile". Global Media Market Intelligence. 28 May 2012. Retrieved 28 May 2012.
- ^ "Saudi Research and Marketing Group". Bloomberg. 15 August 2012. Retrieved 23 August 2012.
- ^ Waterson, Jim (19 October 2018). "Saudi Arabia pays UK firms millions to boost image". The Guardian. Retrieved 19 October 2018.
- ^ "Report: U.K. Media, PR Firms Worked for Saudi Arabia to Boost Image". The Daily Beast. 19 October 2018. Retrieved 19 October 2018.
- ^ a b "Saudi Research and Marketing Group"(PDF). Global Investment House. November 2009. Retrieved 28 May 2012.
- ^ "Our Profile". SPPC. Retrieved 29 May 2012.
- ^ "Saudi media pioneer dies". AMEInfo. Arab News. 27 February 2006. Archived from the original on 16 July 2012. Retrieved 12 August 2012.
- ^ Alterman, Jon B. (1998). "New Media New Politics?" (PDF). The Washington Institute. 48. Retrieved 7 April 2013.
- ^ a b Nawar, Ibrahim (2006). "Arab media lagging behind". WACC. Retrieved 5 June 2012.
- ^ a b "Investor relations". SRMG. Retrieved 21 May 2012.
- ^ a b "SRMG Becomes First Arab Media Group to Set up Board of Trustees". Asharq Alawsat. 18 August 2008. Retrieved 5 April 2013.
- ^ "SRMG Goes Public". The Arab Press Network. 28 March 2006. Retrieved 9 September 2014.
- ^ a b Atwan, Abdul Bari; Jihad Khazen (1996). "In the Saudi pocket". Index on Censorship. 25 (2): 50–55. doi:10.1080/03064229608536032.
- ^ a b c d "The Saudi Research and Marketing Group – SRMG". Gulf Base. Retrieved 10 January 2016.
- ^ Drape, Joe (23 July 2002). "Prince Ahmed bin Salman, Top Horse Owner, Dies at 43". The New York Times. Retrieved 23 May 2012.
- ^ "Prince Ahmad ibn Salman passes away". Arab News. 23 July 2002. Retrieved 16 July 2012.
- ^ "Prince Turki bin Salman New SRMG Chairman". Asharq Alawsat. 10 February 2013. Retrieved 26 February 2013.
- ^ "Prince Turki bin Salman resigns as SRMG chairman". Arab News. Jeddah. 7 April 2014. Retrieved 10 January 2016.
- ^ "Prince Badr SRMG chairman". Arab News. Retrieved 10 January 2016.
- ^ "Saudi Research and Marketing Group (SRMG)". Kingdom Holding Company. Retrieved 21 May 2012.
- ^ "Saudi Research and Marketing Group". Mubasher Info. Retrieved 21 May 2012.
Last edited on 2 May 2021, at 04:30
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