Alareeb Holding has acquired an 80% stake in Two Sides Productions, a Saudi-based audiovisual content company. The agreement, signed in Riyadh by Alareeb Chairman Ahmed Al Obeid and Two Sides CEO Abdullah Al Harbi, marks a significant step in Alareeb’s expansion into the media sector.
This acquisition aligns with Alareeb’s broader strategy to invest in high-value creative industries, supporting Saudi Arabia’s Vision 2030 goals of diversifying the economy and enhancing the national media landscape.
By integrating Two Sides Productions into its portfolio, Alareeb aims to produce advanced media content that resonates with both local and regional audiences.
How Alareeb Holding is Diversifying Investments Across Sectors
The move into media complements Alareeb Holding’s recent investments in various sectors. The company has acquired significant stakes in firms like Future Integrated Management (FIM), specializing in administrative solutions, and Vision Talent HR, focusing on human resources services.
These acquisitions reflect Alareeb’s commitment to enhancing corporate efficiency and governance across Saudi Arabia.
By expanding its footprint in the media industry, Alareeb Holding is positioning itself as a key player in shaping the future of Saudi Arabia’s creative economy, contributing to the nation’s cultural and economic objectives.
