Tihama allocates SAR 75 mln to invest in gov’t media funds

28/05/2023 Argaam
Logo ofTihama Advertising and Public Relations Co.

Logo of Tihama Advertising and Public Relations Co.

Tihama Advertising and Public Relations Co.’s board of directors approved today, May 28, the allocation of SAR 75 million to invest in government funds specialized in the media sector, according to a statement to Tadawul.

 

This decision is in line with the company's growth and expansion strategy, considering the significant and rapid growth of the media sector, in line with the Kingdom's Vision 2030, Tihama said.

 

The company added that the move stemmed from belief in its role in supporting and empowering vital sectors and Saudi youth. This is in order to help develop and strengthen Saudi talents, localize the industry and contribute to local content. 

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