SRMG to be media sponsor of Riyadh Economic Forum

Author: 
Arab News
Publication Date: 
Mon, 2009-06-01 03:00

RIYADH: The Saudi Research and Marketing Group yesterday signed a memorandum of understanding with the Riyadh Economic Forum (REF) to organize the forum's fourth session in December. Under the strategic agreement, SRMG will be the forum's media sponsor.

Azzam Al-Dakhil, CEO of the group, signed the agreement with Saad Al-Moajjel, chairman of REF's board of trustees, during a function at the SRMG headquarters in Riyadh. "This MoU aims to activate cooperation between the group and the forum," Al-Dakhil said, adding that SRMG would provide good media coverage to the forum's activities.

He emphasized SRMG's role in making major economic events in the Kingdom a success. He described REF as one of the major economic forums in the region. "We'll do our best for the success of the upcoming REF session," he added. He said Motamarat Company, a subsidiary of SRMG, would organize REF's fourth session.

Al-Moajjel said the MoU would help the forum reach its goal. "SRMG holds a distinguished position in the media sector at national and Arab levels," he said. The REF chief said the forum would study the Kingdom's major economic issues as well as the obstacles facing economic growth and make viable proposals on how to overcome them.

He said the forum's resolutions would be presented to Custodian of the Two Holy Mosques King Abdullah, who is chairman of the Supreme Economic Council.

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