MBC Group will look to aggressively push into new markets and sectors in various fields, and the network will have a greater focus on Saudi Arabia and the neighbouring markets,
MBC Group will look to aggressively push into new markets and sectors in various fields, and the network will have a greater focus on Saudi Arabia and neighbouring markets, Waleed Al-Ibrahim, Chairman of the broadcast network told MBCs senior management and executives at a strategic meeting he chaired at the companys headquarters in Dubai earlier this week.
A statement from the broadcast network said that the companys focus on Saudi Arabia is in line with the current transformational positive changes occurring in the Kingdom, across various sectors, including, but not limited to: premium content production, media, entertainment, ICT, technology, and others.
This is Al-Ibrahims first known appearance in Dubai after he was detained in the Kingdom earlier this year along with several other high-profile Saudi nationals on corruption charges. Al-Ibrahim was exonerated of all charges, has retained his original stake in MBC Group, and continues to serve as Chairman of the Group and enjoys management control.
Al-Ibrahim highlighted that future expansion plans and in-market opportunities, especially in Saudi Arabia, will bring wider horizons and broader opportunities across the entire group.
With leadership, excellence, determination and cultural relevance, there is no limit to our ambitions. We look ahead for greater achievements, as we confidently expand our plans, he commented.