‎SRMG wins ministry contract to provide services for Thaqafeyah Channel

‎SRMG wins ministry contract to provide services for Thaqafeyah Channel ‎SRMG wins ministry contract to provide services for Thaqafeyah Channel

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Contract annual value exceeds 5% of SRMG’s revenue for 2025.

Saudi Research and Media Group (SRMG)secured, on April 23, a contract from the Ministry of Culture to operate and execute satellite and digital broadcasting services, as well as manage and produce media content for Al-Thaqafeyah Channel.

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The contract also includes marketing for the channel, SRMG said in a statement to Tadawul.

Annual value of the contract exceeds 5% of the group’s total revenue, according to the latest audited financial statements for 2025.

The contractual term is three years starting from the signing date and no related parties are included, the statement added.

According to data available on Argaam, SRGM reported revenues of SAR 2.67 billion in 2025, of which 5% represents more than SAR 133 million.

 

Contract annual value exceeds 5% of SRMG’s revenue for 2025.

Saudi Research and Media Group (SRMG)secured, on April 23, a contract from the Ministry of Culture to operate and execute satellite and digital broadcasting services, as well as manage and produce media content for Al-Thaqafeyah Channel.

The contract also includes marketing for the channel, SRMG said in a statement to Tadawul.

Annual value of the contract exceeds 5% of the group’s total revenue, according to the latest audited financial statements for 2025.

The contractual term is three years starting from the signing date and no related parties are included, the statement added.

According to data available on Argaam, SRGM reported revenues of SAR 2.67 billion in 2025, of which 5% represents more than SAR 133 million.

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