ALAREEB Holding Secures 80% Ownership in Two Sides Productions
- ALAREEB Holding has acquired an 80% stake in Two Sides Productions to expand its footprint in the media sector.
- The acquisition supports Saudi Vision 2030 by promoting the creation of local and regional content.
- Together, the partners aim to produce high-quality, globally relevant media that enhances the competitiveness of Saudi Arabia’s media industry.
ALAREEB Holding has acquired an 80% stake in Two Sides Productions, a specialist in audiovisual content, to bolster its media sector footprint and broaden its creative output across local and regional markets
The agreement was signed in Riyadh with ALAREEB Holding Chairman Ahmed Al Obeid and Two Sides Productions CEO Abdullah Al Harbi in attendance.
This initiative reflects ALAREEB Holding’s ambition to enter high‑value creative industries, especially the rapidly evolving media sector.
The company plans to produce cutting‑edge, globally aligned content that advances Saudi Arabia’s Vision 2030 by strengthening the national media landscape.
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About – ALAREEB Holding
ALAREEB Holding, a prominent Saudi conglomerate, has acquired a significant stake in Areeb Capital, a top asset management firm. This acquisition strengthens ALAREEB’s position in the real estate and investment sectors aligning with Saudi Arabia’s Vision 2030. Areeb Capital is known for its significant real estate investments, including a SAR 12 billion ($3.2 billion) land deal in Dammam for a major mixed-use project. Additionally, Areeb Capital has invested SAR 521 million in a property near Makkah’s Al-Masjid Al-Haram to build a mixed-use tower. ALAREEB Holding gains access to Areeb Capital’s expertise and resources through this acquisition, boosting growth in the region’s evolving market.
