Saudi Research and Publishing Company
Established in 1972, Saudi Research and Media Group (SRMG) is a state-backed media conglomerate headquartered in Riyadh’s King Abdullah Financial District. As Saudi Arabia’s largest publishing enterprise, SRMG operates over 30 publications with a combined monthly reach of 172 million readers across seven languages and four continents. The group’s portfolio includes prestigious titles like Asharq Al-Awsat, Arab News, Al Eqtisadiah, and Al Majalla. Originally established as Al Madina Printing and Publishing Company in 1963, the company was renamed Saudi Printing and Packaging Company in 2007. SRMG was listed on the Saudi stock exchange (Tadawul) in May 2006. With close ties to the Saudi government, the company operates five divisions: media, international, events, research and polling, and innovation. In April 2022, SRMG announced its new headquarters in Riyadh’s King Abdullah Financial District (KAFD). The company recorded strong financial performance in 2023, with net profits declining 14% year-on-year to SAR 559.62 million but maintaining its dominant position in Middle Eastern media.
