MBC Group, the Middle East region’s largest multimedia conglomerate, inaugurated its sprawling new headquarters complex in the capital city of Riyadh on Sunday.
The colorful inaugural ceremony was held in the presence of Chairman of the Board of Directors of the MBC Group Waleed bin Ibrahim Al-Ibrahim, Acting Minister of Media Dr. Majed Al-Qasabi, Minister of Transport and Logistics Eng. Saleh Al-Jasser, and several prominent figures including media professionals and officials.
Addressing the ceremony, Al-Ibrahim expressed his happiness over the comprehensive renaissance and remarkable development that Saudi Arabia is witnessing under the wise leadership. He also highlighted the unlimited support being extended by the leadership for the sectors of culture, creativity, media, and entertainment.
Al-Ibrahim said: “We are working with determination to make the MBC Group one of the most prominent international media organizations. The coming years will witness global activities that draw their story from Arab history, inspired by its slogan from the saying of Crown Prince Mohammed bin Salman: “Our ambition is the sky.”
A video, featuring the MBC Group’s brilliant television career spanning over three decades, was presented on the occasion. The MBC Group (Middle East Broadcasting Center) moved its base of operations from Dubai to a new complex in Riyadh.
The group introduced its first channel, MBC1, in London in 1991 and it moved to Dubai’s Media City in 2002. In 2020, MBC Group signed an agreement with Prince Badr bin Farhan, chairman of Riyadh’s Media City project under which MBC would shift its headquarters to Riyadh.
MBC Group is poised to become — in gradual phases spanning over the coming five years — a cornerstone in Riyadh’s new creative zone for art, media and entertainment.