Saudi Arabia’s State Investment Fund PIF Takes 54% In MBC Group
Saudi Arabia Public Investment Fund (PIF) has taken a 54% stake in the MBC Group as it seeks to strengthen its position as a key player in the MENA region’s ...
Tag: MBC Group
MBC Group’s H1 Profits Rise To $89.3M And Revenues Grow To $800M As Middle Eastern Media Group Mitigates “Impact Of Geopolitical Volatility”
Saudi Arabia-based MBC Group posted massive gains in profit and revenue in its half-year results. Revenue for the six months to June 30 was up 37.8% year-on-year to hit SAR3 ...
MBC Group Names Former Nine Entertainment Chief Mike Sneesby CEO As Sam Barnett Steps Down
The Middle East’s MBC Group has hired former Nine Network boss Mike Sneesby as CEO, with long-serving incumbent Sam Barnett stepping down. A note posted today announced the news, with ...
