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Saudi's SRMG unit inks 3-year media services contract worth $53.3mln

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SRMG unit inks 3-year media services contract worth $53.3m

DUBAI: Taoq International Public Relations, a unit of the Saudi Research and Marketing Group (SRMG), has signed a three-year contract with an annual value of SR200 million ($53.3 million). Under the contract, Taoq will provide media services, produce multilingual content, and provide consulting services, SRMG announced in a bourse filing. The financial impact of the deal, ....

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Saudi media group SRMG appoints chairman

RIYADH: The Saudi Research and Media Group (SRMG), the publisher of Arab News, said it appointed Abdulrahman Ibrahim Alrowaita as chairman and Majid Abdulrhman Alissa as vice-chairman.
The company made the disclosure following its extraordinary general assembly meeting, in which board members were elected for a three-year term.
Last week the media group reported a 41.4 percent increase in first quarter net profit.
The company generated SR91.5 million ($21.4 million) in profit for the first quarter as sales gained by more than a fifth to SR596.8 million, the company said in a filing to the Tadawul stock exchange.
SRMG also rebranded this month to become the Saudi Research and Media Group. It was previously known as The Saudi Research and Marketing Group. ....

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