November 9, 2020
- Exclusive content agreement with Bloomberg will underpin the business-first component of SRMG’s new Arabic language news channel, Asharq News
- Asharq Business with Bloomberg will provide audiences with extensive financial and economic content, analysis and market data from across the Middle East and beyond
- SRMG-Bloomberg agreement will expand over time to include radio station, Businessweek magazine in Arabic, and a series of live events
Riyadh & New York – 9 November, 2020 – The Saudi Research and Marketing Group (SRMG) and Bloomberg Media will collaborate to provide Arabic-language content to business audiences and decision makers across the Middle East and beyond, through Asharq Business with Bloomberg, in an exclusive content agreement. The agreement forms part of the forthcoming launch of SRMG’s new Arabic-language news service, Asharq News.
Owned and operated by SRMG, Asharq News will offer a new multi-platform Arabic-language news service, providing 24/7 coverage across the Arab world and beyond. Bloomberg’s news, analysis and data will power a key business component of the new channel, Asharq Business with Bloomberg. Asharq Business with Bloomberg will draw on Bloomberg’s comprehensive coverage from more than 2,700 journalists and analysts globally.
The Asharq Business with Bloomberg television and digital teams will have access to Bloomberg’s extensive financial and economic content, analysis, and market data, curating translated stories from Bloomberg for its platforms.
Asharq Business with Bloomberg aims to become the premier Arabic-language business news provider, using multiple platforms to reach business leaders, as well as a younger generation that understands the importance of global economic, financial, and corporate information.
The collaboration between SRMG and Bloomberg will help audiences stay informed on the people, events and ideas shaping the MENA region and international markets as they make key business decisions. The offering will gradually expand to include a radio station, an Arabic edition of Bloomberg Businessweek and a series of live events.
Asharq News will launch on 11 November 2020 with a dedicated television channel and multiple digital platforms, it will provide 24/7 coverage across the Arab world and beyond. Headquartered in Riyadh with central offices in Dubai and Washington, D.C. and bureaus across select capitals of the region and around the world, Asharq News is an independent media entity owned by Asharq News Services Limited and a subsidiary of SRMG.
About SRMG
Established in London in 1978, SRMG is the Middle East’s largest publishing group and only publicly listed media company. SRMG has more than 16 publications and digital platforms providing the latest in political, financial, sports, and lifestyle news and analysis. Through its extensive network sourcing timely data used in its rigorous analysis, SRMG’s publications have become the primary reference point as a trusted source of news and current events, not least through its iconic titles: Asharq Al Awsat and Arab News to name a few.
About Bloomberg Media
Bloomberg Media is a leading, global, multi-platform brand that provides decision-makers with timely news, analysis and intelligence on business, finance, technology, climate change, politics and more. Powered by a newsroom of over 2,700 journalists and analysts, it reaches influential audiences worldwide across every platform including digital, social, TV, radio, print and live events. Bloomberg Media is a division of Bloomberg LP. Visit BloombergMedia.com for more information.