Prince Turki succeeds Prince Faisal as SRMG chairman

Updated 13 February 2013
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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 Crown Prince Mohammed bin Salman begins Asia trip

Updated 27 min 28 sec ago
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Saudi Crown Prince Mohammed bin Salman begins Asia trip

JEDDAH: Saudi Arabia’s Crown Prince Mohammed bin Salman began an official trip to South Korea and Japan on Tuesday.
The visit comes after an invitation from South Korean President Moon Jae-in and based on the directives of King Salman, the royal court said in a statement carried by state news agency SPA.
He will meet with the president and a number of officials to discuss bilateral relations and issues of common interest.
The crown prince will also head to Japan after Korea to head the Kingdom’s delegation at the G20 summit in Osaka on Friday and Saturday.
During his visit to Japan, the crown prince is expected to meet with several heads of states and senior officials, among them Russian President Vladimir Putin, according to the Kremlin.