Saudi Research and Media Group
| Company type | Public |
|---|---|
| Tadawul: 4210 | |
| ISIN | SA000A0JK5M3 |
| Industry | Media |
| Founded | 1972 |
| Headquarters | Riyadh |
Key people | Hisham Hafiz and Mohammed Ali Hafiz (founders), Abdulrahman bin Ibrahim Rwaita (chairman), Jomana Rashed AlRashid (Chief Executive Officer) |
| Products | Newspapers, magazines |
| Revenue | SAR 3,046 million (2021) |
| Total assets | 5,748,512,000 Saudi riyal (2019) |
| Owner | Al Ahli Capital Fund 13 29.90% Al Ahli Capital Fund 4 29.90% |
Number of employees | 2,700 employees |
| Website | www |
Saudi Research and Media Group (SRMG), also known as the Saudi Media Group, is a Saudi state-backed media company registered in Riyadh. The group mainly publishes, prints and distributes various publications. The company operates in Saudi Arabia where there are no independent media.
The company has close ties to the Mohammed bin Salman government in Saudi Arabia. King Salman's sons have chaired the company. Its closeness to the government of Saudi Arabia has led it to be considered an outlet for the government in the west, particularly in the United Kingdom.
In April 2022, SRMG announced its new headquarters in Riyadh's King Abdullah Financial District (KAFD). The new headquarters commemorates the beginning of SRMG's global expansion and will house the offices of the Asharq network.