Prince Turki succeeds Prince Faisal as SRMG chairman

Updated 13 February 2013
0

Prince Turki succeeds Prince Faisal as SRMG chairman

JEDDAH: Prince Turki bin Salman has been appointed chairman of the Saudi Research and Marketing Group (SRMG), succeeding Prince Faisal bin Salman who was recently installed as governor of Madinah province.
SRMG's Board of Directors on Saturday announced that the changes were approved in a board meeting last Thursday in Riyadh.
During the meeting, the board members acknowledged Prince Faisal's efforts in leading to SRMG achieve several significant accomplishments during his stewardship for more than 10 years.
SRMG is the holding company of Arab News, among many other subsidiary companies.
Prince Turki's term as chairman for the current session extends to April 30, 2015, the board said. The appointment will be put up for approval with the next regular General Assembly meeting.
Prince Turki was born in Riyadh in 1987. He holds a bachelor degree in marketing from King Saud University and he is currently the chairman of Tharawat Holding Company.

Dr. Abdul Rahman Al-Shubaily has been appointed SRPC board of trustees' member and secretary-general. Established in 2008, SRPC board of trustees is first of its kind in the Arab media in terms of its structure, mission and powers.

The board supports professional independence of the group's publications in line with its policy of separating management from the editorial section. It plays an effective role in the selection of editors in chief of the company's publications and their deputies.


Saudi Arabia intercepts two ballistic missiles fired towards Aramco facility by Houthis

Updated 23 April 2018
0

Saudi Arabia intercepts two ballistic missiles fired towards Aramco facility by Houthis

  • Yemen's armed Houthi movement fired two ballistic missiles at a Saudi Aramco facility in the southern city of Jazan
  • No casualties or damage to property was reported

RIYADH: Yemen's armed Houthi movement fired two ballistic missiles at a Saudi Aramco facility in the southern city of Jizan on Monday, but Saudi news agency SPA said both projectiles were destroyed.
The Houthis' Al-Masirah TV said they had targeted a port belonging to the Saudi state oil giant.
SPA quoted the spokesman for the Saudi-led coalition as saying the two missiles were intercepted over Jazan and their debris fell on residential neighborhoods.
"There were no casualties or damages recorded as of the time of (our) statement," Colonel Turki al-Maliki said.
Aramco did not immediately respond to a request for comment.
The company is building a 400,000-barrel-per-day refinery in Jazan, part of a new economic city on the Red Sea, and it is expected to become fully operational in 2019.
The United Nations says 10,000 people have died in the three-year-old war, and three out of four Yemenis need relief aid.
The coalition says the Houthis are armed and supported by Iran - charges the group and Tehran deny.Meanwhile,