Business Activities
In Saudi Arabia, Ahmed bin Salman went into business. In 1985, he established ASAS, a company which specialized in maintenance and contracting. He became chairman of Saudi Research and Marketing Group (SRMG) in 1989, a media company with offices in Riyadh and Jeddah as well as in London and Washington D.C. SRMG is reported to be the largest media company in the Middle East. However, the business was worth $90 million when Prince Ahmed took over the company. Its assets were worth nearly $533 million at the period when he died. After his death, his full brother Prince Faisal became the chairman of SRMG.
Read more about this topic: Ahmed Bin Salman Bin Abdulaziz Al Saud
Famous quotes containing the words business and/or activities:
“We are in danger ... of making our cities places where business goes on but where life, in its real sense, is lost.”
—Hubert H. Humphrey (19111978)
“When mundane, lowly activities are at stake, too much insight is detrimentalfar-sightedness errs in immediate concerns.”
—Franz Grillparzer (17911872)