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:
“Actually, if my business was legitimate, I would deduct a substantial percentage for depreciation of my body.
Contemplative and bookish men must of necessitie be more quarrelsome than others, because they contend not about matter of fact, nor can determine their controversies by any certain witnesses, nor judges. But as long as they goe towards peace, that is Truth, it is no matter which way.”
—John Donne (c. 1572–1631)
“When mundane, lowly activities are at stake, too much insight is detrimental—far-sightedness errs in immediate concerns.”
—Franz Grillparzer (1791–1872)