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The Saudi Research and Media Group announced that its subsidiary, SRMG Media Solutions, signed a framework agreement with Thamaia Publishing and Distribution, which is owned by the Arab Media Company, a part of the Group. The agreement, signed in July 2026, aims to provide advertising representation and marketing services for advertising spaces, attract advertisers, and manage related business relationships, without specifying an initial financial value. The contract's value is expected to exceed 1% of the Group's revenues according to the latest financial statements. The agreement is valid for one year and is renewable. It emphasizes strengthening both parties' presence in the advertising market and expanding the customer base to achieve sustainable revenue growth. It is not expected to have a significant financial impact on the Group's current financial statements.
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