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MBC GROUP ("MBC" or the "Company" or the "Group") (Tadawul: 4072), the leading media and entertainment conglomerate in the Middle East and North Africa ("MENA") region, today announced its financial results for the three-month period ended 31 March 2026 ("1Q 2026"). The Group reported revenues of SAR 1.6 billion, compared to SAR 2.0 billion in 1Q 2025, primarily reflecting the timing of project-based revenues and a more cautious advertising environment amid ongoing regional geopolitical developm
The market thrives on Vision 2030, 5G rollouts, and digital-savvy youth, boosting demand for online video, gaming, and immersive formatsDublin, March 19, 2026 (GLOBE NEWSWIRE) -- The "Middle East Media and Entertainment - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering. The Middle East media and entertainment market is poised for significant growth, with its value projected to reach USD 48.43 billion by 2026.
Leading Middle East broadcaster MBC Group reported a 28.5% year-on-year increase in revenue to SR 5.4 billion ($1.43 billion) for the full fiscal year 2025, and an 8.1% yearly net profit to SR 437.5 million ($116.66 million) boosted by double-digit growth of its Shahid streaming service. MBC, which besides Shahid operates 19 free-to-air channels across …
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