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Saudi Research & Media Group Announces Transformation Strategy Focusing on Platform Expansion and International Partnerships Across Five New Verticals

Saudi Research & Media Group Announces Transformation Strategy Focusing on Platform Expansion and International Partnerships Across Five New Verticals
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Saudi Research & Media Group Announces Transformation Strategy Focusing on Platform Expansion and International Partnerships Across Five New Verticals

Saudi Research & Media Group Announces Transformation Strategy Focusing on Platform Expansion and International Partnerships Across Five New Verticals

The Saudi Research & Media Group (SRMG) – which owns more than 30 major media outlets including Asharq Al-Awsat, Asharq News and Arab News, and has a combined monthly reach of 165 million – announced on Sunday a new transformation strategy focusing on platform expansion, international partnerships and strategic investments across five key business verticals.

SRMG, which is listed on the Tadawul stock exchange in Riyadh, will further expand its current portfolio, digital offerings and global reach by transforming print publications into digital-first platforms, introducing new platforms that address white spaces in the market, investing in media start-ups with bold ideas and building long-term mutually beneficial partnerships with internationally recognized brands. SRMG already has successful partnerships and collaborations with leading media organizations including Bloomberg and The Independent.

Driven by a newly appointed leadership team, SRMG is focused on delivering original, exclusive and premium content to consumers through new digital and social platforms, as well as strengthening its cable and satellite reach. The Group will continuously look to leverage its data and technology capabilities to develop new products and services, enhance its monetization capabilities and diversify its revenue streams.

Building on its expanding network of outlets, SRMG will work across five business verticals to unlock new regional and international commercial opportunities:

1. SRMG Media: Digital Platforms, Podcasts and Multimedia

Digitizing and expanding content creation and distribution to engage audiences with original, unique and exclusive content

2. SRMG International: International Investments and Partnerships

Building a global network through bespoke partnerships and strategic investments, driven by a team of seasoned media professionals with global experience

3. SRMG Think: Research and Polling

Providing unique insights and expert analysis from the Middle East and around the world

4. SRMG X: Events, Conferences and Exhibitions

Delivering leading events that provide important opportunities for personal connection and engagement in a digital world

5. SRMG Labs: Innovation, Incubation, and Training

Fostering talent and technology, and driving creativity and innovation in the regional media space, while helping to train the next generation of media professionals, journalists and content creators

Abdulrahman Ibrahim Alrowaita, Chairman of SRMG, said: “For almost five decades, our titles like Asharq Al-Awsat, Arab News, Sayidaty and others have played a significant role in telling authentic and impactful stories from the Middle East and around the world. Now, driven by our new strategy, we will strengthen our unique and established position by expanding our global focus and reach and widening our regional footprint in a growing media sector.

“Through new platforms and international partnerships, we will empower global audiences with relevant and reliable news and information. We will remain committed to diversity and inclusivity in journalism and across our newsrooms, fostering talent and innovation by helping develop the next generation of media professionals, journalists and content creators.”

Jomana Al-Rashid, Chief Executive Officer of SRMG, said: “Our focus on premium content creation, introducing new platforms and expanding our reach through new titles and services ensures SRMG will be the primary driver of the region’s digital future in media. New platforms will allow our journalists to report news and deliver audience-centric content backed by data and driven by the latest technology, to reinforce SRMG’s position as the premier media house in the Middle East.

“Our new strategy is an exciting next chapter for a media house with a long legacy of growth and innovation. We look forward to enhancing our engagement with our audiences by continuing to provide relevant and diverse media content, while widening the services we offer and building on our leading media market position.”

SRMG’s new growth strategy is supported by a refreshed brand and new website that reflect the company’s fresh approach while upholding its rich, unique history. Leveraging its legacy, scale and new capabilities, SRMG is uniquely positioned to access growing media markets worldwide.

Operating since 1972, Saudi Research and Media Group (SRMG) is a global media house from the Middle East and North Africa with a portfolio of more than 30 major media outlets – including Asharq Al-Awsat, Asharq News and Arab News – delivering information, news and lifestyle content to a monthly audience of more than 165 million.

Listed on the Tadawul stock exchange in Riyadh, SRMG is focused on delivering original, exclusive and premium content in multiple languages to empower consumers with news and information through digital and social platforms, in addition to its leading cable and satellite reach.

Through its many platforms, content and voices, SRMG is uniquely positioned to capitalize on fast-growing opportunities for digital content distribution, online advertising and commercial partnerships in the media and entertainment market worldwide.

Headquartered in Riyadh, Saudi Arabia, SRMG has offices in 18 locations around the world, including London and Dubai.

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Gulf

Saudi Arabia Downs 60 Drones, Two Killed in Oman

The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. REUTERS/Benoit Tessier
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. REUTERS/Benoit Tessier
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Saudi Arabia Downs 60 Drones, Two Killed in Oman

The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. REUTERS/Benoit Tessier
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. REUTERS/Benoit Tessier

Gulf air defenses continued on Friday to intercept Iranian missiles and drones in attacks that have persisted for two weeks, striking residential areas, civilian facilities and critical infrastructure and causing casualties and material damage.

Gulf states said they remain fully prepared to confront any threats and will respond firmly to attempts to undermine their security, stressing their determination to safeguard sovereignty, stability and national interests.

Jasem Albudaiwi, Secretary-General of the Gulf Cooperation Council (GCC), warned the Iranian attacks could have negative repercussions for the global economy and the stability of international markets. He said the danger extends beyond Gulf security and threatens international navigation in the Strait of Hormuz.

In a statement issued Friday after separate ministerial meetings held by video conference with Jordan, Egypt, Morocco and Britain, Albudaiwi said targeting commercial vessels and key maritime routes poses a direct threat to freedom of navigation and exposes global trade and energy security to serious risks.

Saudi Arabia

Saudi Defense Ministry Spokesperson Maj. Gen. Turki Al-Maliki said air defenses intercepted and destroyed 62 drones from early Friday until 8:00 p.m. local time.

Twenty-eight drones were shot down after entering Saudi airspace, 20 in the Eastern Province, seven across the Eastern and Central regions, three in Al-Kharj governorate, three in Al-Kharj and the Empty Quarter, and one while attempting to approach the Diplomatic Quarter in Riyadh.

Oman

An Omani security source said two drones crashed in the Wilayat of Sohar. One fell in the Al-Awahi industrial area, killing two expatriates and injuring others, while the second landed in an open area without causing casualties.

The source, cited by the Oman News Agency, praised the cooperation of citizens and residents in avoiding the spread of images and rumors and relying on official sources, adding that all efforts are being mobilized to protect the Sultanate and those living in it.

United Arab Emirates

The UAE said its air defenses intercepted seven ballistic missiles and 27 drones launched from Iran on Friday, bringing the total since the start of the attacks to 285 ballistic missiles, 15 cruise missiles and 1,567 drones.

The Defense Ministry said the attacks have left six people dead — including Emirati, Pakistani, Nepali and Bangladeshi nationals — and 141 injured with minor to moderate wounds among people of multiple nationalities.

The ministry later said air defenses were continuing to intercept incoming missiles and drones from Iran, adding that sounds heard in parts of the country were caused by ballistic missile defense systems and fighter jets engaging drones and cruise missiles.

It said it remains fully prepared to confront any threats and will act firmly against any attempt to undermine the country’s security.

Dubai’s government media office said authorities dealt early Friday with a minor incident caused by debris from an intercepted aerial object that struck the facade of a building in central Dubai, with no injuries reported.

The UAE Civil Aviation Authority said flight operations were gradually resuming, urging travelers to check with airlines before heading to the airport.

It said 1.4 million passengers passed through the country’s airports between March 1 and March 12, with 7,839 flight movements recorded. National carriers have restored 44.6% of their previous operating levels.

Bahrain

Bahrain’s Defense Force said air defense systems continued to confront successive waves of Iranian attacks, adding that 115 missiles and 191 drones targeting the country have been intercepted and destroyed since the start of the assault.

The command described the use of ballistic missiles and drones against civilian sites and private property as a flagrant violation of international humanitarian law and the United Nations Charter, warning the attacks pose a direct threat to regional peace and security.

Authorities urged the public to remain indoors unless absolutely necessary, avoid damaged areas and suspicious objects, refrain from photographing military operations or debris sites and rely only on official information.

Kuwait

Kuwait’s Defense Ministry Spokesperson, Colonel Saud Al-Atwan, said one hostile ballistic missile was detected over the past 24 hours outside the threat zone, posing no danger and causing no damage.

He said monitoring of potential aerial threats continues as part of defensive measures to protect the country’s airspace.

Interior Ministry Spokesperson Brigadier Nasser Bousleib said authorities detected individuals using drones for aerial filming in violation of previously announced instructions, warning that such actions hinder security and military efforts and that violators will face legal action.

Bomb disposal teams handled 16 reports in the past 24 hours linked to debris from intercepted projectiles, bringing the total number of reports since the start of the Iranian attacks to 372.

Health Ministry Spokesperson Dr. Abdullah Al-Sanad said the country’s health situation remains stable, with hospitals and health centers operating at full capacity and medical teams ready to respond to any emergency.

He said two people were injured on Thursday when a residential building was struck and were transferred to Al-Adan Hospital. Authorities also launched a psychological support hotline (151) for citizens and residents.

The Commerce Ministry said the first Kuwait Airways flights carrying fresh food supplies had arrived in the country, in coordination with the private sector, to accelerate deliveries and support market supplies. The shipments included fresh meat, fruits, vegetables and other food items.

Qatar

Qatar’s Interior Ministry said the situation in the country remains stable and that services continue to operate normally across sectors, while authorities monitor developments.

The ministry said the national warning system is activated only when urgent preventive measures are required to protect public safety. It urged the public to follow official alerts, remain indoors away from windows and exposed areas, and avoid going out until the threat has passed.

It also warned against filming or publishing footage from incident sites or response operations and against sharing unverified material on social media.

Environmental monitoring indicators show air quality in the country at 100%, the ministry said, adding that no pollution has been detected in the air or marine environment as part of ongoing environmental monitoring.

Separately, Qatar Tourism said the temporary extension of hotel stays for visitors affected by travel disruptions will remain in effect until March 14.

The measure gives affected guests additional time to arrange their travel.

Visitors whose flights have been canceled or disrupted since Feb. 28 have been offered free hotel stays with three daily meals, coordinated with the hospitality sector.

Gulf

Saudi Arabia, France Stress Need for End to Threats to Regional, Int’l Security

Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, and French President Emmanuel Macron. (SPA)
Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, and French President Emmanuel Macron. (SPA)
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Saudi Arabia, France Stress Need for End to Threats to Regional, Int’l Security

Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, and French President Emmanuel Macron. (SPA)
Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, and French President Emmanuel Macron. (SPA)

Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Prime Minister, and French President Emmanuel Macron stressed on Friday the need for an end to all actions that threaten regional and international security.

During a telephone call, they discussed the military escalation in the region and its impact on security and stability.

Gulf

Saudi Minister of Foreign Affairs Receives British Foreign Secretary

Saudi Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, received the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Yvette Cooper. (SPA)
Saudi Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, received the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Yvette Cooper. (SPA)
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Saudi Minister of Foreign Affairs Receives British Foreign Secretary

Saudi Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, received the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Yvette Cooper. (SPA)
Saudi Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, received the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Yvette Cooper. (SPA)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received on Thursday the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Yvette Cooper, at the ministry’s headquarters in Riyadh.

During the meeting, they reviewed the strategic relations between the two countries and areas of bilateral cooperation. They also discussed regional developments and joint efforts to address these issues.

At the meeting, the British official expressed her country's condemnation of the brutal attacks launched by Iran against Saudi Arabia and several other countries in the region, affirming the UK's solidarity with the affected countries and the necessity of concerted efforts to promote stability and peace in the region.