Saudi Arabia-based Argaam Investment Co. (Argaam) has signed an exclusive advertising representation agreement with Al-Khaleejiah Advertising & Public Relations Co., which is owned by Saudi Research and Marketing Group (SRMG).
Under the agreement, Al-Khaleejiah will provide advertising representation services for Argaam in domestic and international markets.
The agreement was signed by Argaam CEO Islam Zween and Al-Khaleejiah CEO Wael Al Fayez.
Saudi-based Argaam owns Argaam.com, the Arab world’s leading financial news portal that provides a diverse audience with real-time updates on financial markets and macroeconomics in Saudi Arabia.
In October, SRMG had acquired a 51 percent stake in Argaam for a total value of SAR 37.5 million.
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