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Jan 25 2012

Prince Alwaleed among the most influential figures in Arab media

RIYADH: Chairman of Kingdom Holding Company ( KHC ) Prince Alwaleed bin Talal was ranked among the most influential figures in the Arab media, according to a survey from The Arab Media Forum. The report covered more than 500 media from various Arab countries.

Prince Alwaleed has a strong presence and influence in media through his investments in media and entertainment in the Arab world and beyond such as the Saudi Research and Marketing Group (SRMG), in which Kingdom Holding holds a 29.9% stake.

The publications that fall under SRMG include Asharq Al-Awsat, Al-Eqtisadiah, Arab News, Hia magazine, Al Majalla magazine, Arrajol magazine and Sayidaty magazine. Other entities that fall under SRMG include Al-Khaleejiah for publicity advertising and public relations and Al-Madina Printing and Publishing Company. Furthermore, KHC is owner of approximately 7 percent of News Corporation's Class B Common Stock.

© Arab News 2012

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