Chairman of MBC Group Waleed Al Ibrahim receives Cultural Institutions Award
The National Cultural Awards is held under the patronage of HRH Prince Mohammed bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia.
The National Cultural Awards is held under the patronage of HRH Prince Mohammed bin Salman, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia.
Shahid's subscriber count surged to approximately 3.98m, marking a year-on-year increase of around 40%, propelled by focused marketing efforts, content selections, and exclusive sports content.
MBC Group generated $222m in its initial public offering.
Saudi Arabia’s government owns 60% of the broadcaster, while Waleed Al-Ibrahim, the founder and chairman, owns the remaining stake.
The service is dedicated to business and financial news and updates, and is available on Shahid, YouTube and Al Arabiya's website.
The agreement also includes plans to create a digital media platform that will produce videos, articles, podcasts, and documentaries for online platforms.
MBC Loud FM is now broadcasting in Jeddah, Dammam and Riyadh.
Al Arabiya became the first news channel in the region to surpass 10m YouTube subscribers.
Broadcast live on MBC channels and streaming platform Shahid, the three-hour event had more than 20 artists awarded for some of their latest works.
Under an agreement signed with Saudi Minister of Culture Prince Badr bin Farhan in 2020, MBC Group has moved its headquarters from Dubai to Riyadh.
The agreement to include additional content on Shahid and live broadcast of the corporation’s channels.
The King Abdulaziz Order of Merit is a medal awarded to citizens of Saudi Arabia and foreigners for meritorious service to Saudi Arabia.
Al Arabiya News Network has appointed MMS to exclusively sell advertisements and sponsorship across all of its TV channel and digital platforms, starting January 2021.
The two companies intend to leverage this strategic partnership as a cornerstone for further development and expansion in the Kingdom's advertising sector.
MBC Media Services, which will be majorly controlled by MBC Group, will begin operations at the start of 2021.
The new headquarters will form a part of Riyadh’s Media City project, which is a business hub including cultural, media and technology sector.
While Shahid Premieres will offer exclusives from the world of cinema and television, Shahid Originals will focus on a variety of local and regional premium productions.
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