Overview

Last updated 26/04/2008
Country Saudi Arabia
Ownership Private
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Media | Advertising and PR
  • Media | Publishing and Information
Date of establishment June 1988
No of Employees 2,800
Address PO Box 53108
Riyadh, Saudi Arabia
Phone +966 1 441-8060/0101
Fax +966 1 441-1378/9569
Website www.srmg.com

Summary

Last updated 26/04/2008

SRMG, founded in 1972 is a fully integrated publishing group. It straddles the entire chain of publishing, advertising, printing and distribution functions. One out of every 2 publications sold in KSA come from SRMG’s stable. Its publications have 47% share in the total circulation.

The time line of the company goes back to 1963 when Madina Printing and Publishing Company was established (renamed to Saudi Printing and Packaging Company in 2006). In 1972 Saudi Research and Publishing Company was formed which in 1975, launched Arab News, the first Saudi English-language daily. Since then, the list of publications has grown to 15 daily, weekly and monthly newspapers and magazines. Later in 1978, it launched Ashraq Al-Awsat out of London. In 1983, the group forayed in distribution by establishing Saudi Distribution Company to distribute its publications. The business model was complete when Al Khaleejiah Advertising and Public Relations Company was formed in 1990. SRMG went public in 2006 with a 30% stake offering.

Officers

Last updated 26/04/2008
Name Job Title
HRH Prince Faisal bin Salman bin Abdulaziz Chairman
Dr. Azzam Al Dakheel Chief Executive Officer

Ownership / Shareholders

Last updated 26/04/2008
Name Country Holding
Kingdom Holding Company Saudi Arabia 25.50%
Heirs of Prince Ahmed Bin Salman Saudi Arabia 23.48%
Mohammed Hussein Ali Al Amoudi Saudi Arabia 6.56%
HRH Prince Faisal bin Salman bin Abdulaziz Al Saud Saudi Arabia 4.30%
General Organization for Social Insurance (GOSI) Saudi Arabia 3.94%
Public Pension Agency Saudi Arabia 3.94%
Abdullah Saleh Kamel Saudi Arabia 3.28%
Dr. Azzam Al Dakheel Saudi Arabia 1.32%

Affiliates

Last updated 26/04/2008
Name Country Sector Holding
Saudi Research and Publishing Company Saudi Arabia Media 100.00%
Saudi Distribution Company Saudi Arabia Media 100.00%
Al Khaleejiah Advertising and Public Relations Company Saudi Arabia Media 100.00%
Saudi Specialized Publishing Company Saudi Arabia Media 100.00%
Arab Media Company Saudi Arabia Media 100.00%
Saudi Printing and Packaging Company (SPPC) Saudi Arabia Services 70.00%

Quote

Last 26.50 SAR 0.30 1.15%
Open 26.00 High/Low 26.70/26.00
Volume 500 YR High/Low 58.50/22.00


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