Latest news with #commercial
Arab News
2 days ago
- Business
- Arab News
SRMG appoints Nedaa Al-Mubarak as CEO of Media Solutions
RIYADH: The Saudi Research and Media Group (SRMG) has announced the appointment of Nedaa Al-Mubarak as Chief Executive Officer of SRMG Media Solutions (SMS), its performance-driven commercial arm. Al-Mubarak's appointment comes as a step in SRMG's continued transformation and growth strategy, as it expands its focus on outcome-based solutions for partners across the Middle East. In her new role, she will lead SMS's efforts to deliver strategic offerings powered by premium content, advanced adtech, and unmatched access to regional audiences. Leveraging proprietary first-party data and a growing roster of strategic partnerships, SMS serves as the exclusive commercial representative for over 30 SRMG brands, including Asharq News, Arab News, Hia, Sayidaty, Billboard Arabia, Manga Arabia, and Thmanyah, which recently secured exclusive rights to distribute Saudi Pro League content across the region through 2031. These partnerships give advertisers seamless access to over 210 million users worldwide across digital, TV, print, audio, and OOH platforms. Whether targeting finance, tech, sports, or culture, SMS delivers tailored media solutions powered by vertical expertise, proprietary insights, and agile content delivery. 'With SRMG Media Solutions, we've built a future-ready platform that meets the region's evolving media and advertising needs with precision, creativity, and scale,' said Jomana Alrashid, CEO of SRMG. 'Nedaa brings the vision, experience, and ambition to accelerate this next chapter. Her deep understanding of both the public and private sectors, coupled with her performance-first mindset, makes her the right leader to unlock new value for our clients and our business. Al-Mubarak is a forward-looking media executive with a track record of delivering growth and transformation. In her role as Managing Director of SRMG Think, she has helped redefine the group's strategic consulting business, tripling its service lines and more than doubling revenue. With a background spanning investment, tourism, and economic policy, she has led initiatives that contributed to the development and advancement of multiple sectors. At SMS, she will oversee a powerful media solutions platform that spans planning, activation, and optimization - enabling brands to connect with purpose, perform with precision, and scale with impact. Powered by data, insight, and creative execution, SMS delivers smarter, outcome-first campaigns across the full SRMG ecosystem. From high-reach media to curated, vertical-specific solutions, every placement is engineered to convert and built to move the needle. 'The media industry is at a crossroads - and SMS is uniquely positioned to lead the way forward,' said Al-Mubarak. 'Our mission is clear: deliver real outcomes for our partners by combining data, creativity, and technology. I'm proud to take on this role at such a pivotal time, and excited to work with our clients to shape the next era of growth.' SMS is the trusted partner for ambitious businesses looking to drive performance across the Middle East. Its integrated approach fuses audience insight, exclusive content, and digital innovation into measurable results that move the needle.
Arab News
2 days ago
- Business
- Arab News
SRMG appoints Nedaa Al Mubarak as CEO of Media Solutions
RIYADH: The Saudi Research and Media Group has announced the appointment of Nedaa Al-Mubarak as Chief Executive Officer of SRMG Media Solutions (SMS), its performance-driven commercial arm. Al-Mubarak's appointment comes as a step in SRMG's continued transformation and growth strategy, as it expands its focus on outcome-based solutions for partners across the Middle East. In her new role, she will lead SMS's efforts to deliver strategic offerings powered by premium content, advanced adtech, and unmatched access to regional audiences. Leveraging proprietary first-party data and a growing roster of strategic partnerships, SMS serves as the exclusive commercial representative for over 30 SRMG brands, including Asharq News, Arab News, Hia, Sayidaty, Billboard Arabia, Manga Arabia, and Thmanyah, which recently secured exclusive rights to distribute Saudi Pro League content across the region through 2031. These partnerships give advertisers seamless access to over 210 million users worldwide across digital, TV, print, audio, and OOH platforms. Whether targeting finance, tech, sports, or culture, SMS delivers tailored media solutions powered by vertical expertise, proprietary insights, and agile content delivery. 'With SRMG Media Solutions, we've built a future-ready platform that meets the region's evolving media and advertising needs with precision, creativity, and scale,' said Jomana Alrashid, CEO of SRMG. 'Nedaa brings the vision, experience, and ambition to accelerate this next chapter. Her deep understanding of both the public and private sectors, coupled with her performance-first mindset, makes her the right leader to unlock new value for our clients and our business. Al-Mubarak is a forward-looking media executive with a track record of delivering growth and transformation. In her role as Managing Director of SRMG Think, she has helped redefine the group's strategic consulting business, tripling its service lines and more than doubling revenue. With a background spanning investment, tourism, and economic policy, she has led initiatives that contributed to the development and advancement of multiple sectors. At SMS, she will oversee a powerful media solutions platform that spans planning, activation, and optimization - enabling brands to connect with purpose, perform with precision, and scale with impact. Powered by data, insight, and creative execution, SMS delivers smarter, outcome-first campaigns across the full SRMG ecosystem. From high-reach media to curated, vertical-specific solutions, every placement is engineered to convert and built to move the needle. 'The media industry is at a crossroads - and SMS is uniquely positioned to lead the way forward,' said Al-Mubarak. 'Our mission is clear: deliver real outcomes for our partners by combining data, creativity, and technology. I'm proud to take on this role at such a pivotal time, and excited to work with our clients to shape the next era of growth.' SMS is the trusted partner for ambitious businesses looking to drive performance across the Middle East. Its integrated approach fuses audience insight, exclusive content, and digital innovation into measurable results that move the needle.
South China Morning Post
2 days ago
- Business
- South China Morning Post
Meitu co-founder snaps up second Hong Kong commercial property in 3 months at discount
Mike Cai Wensheng, the co-founder of the Chinese selfie app Meitu, has bought a redevelopment site in the heart of Hong Kong's Causeway Bay shopping district, picking up his second property in three months as shops and offices are going for discounts amid the city's supply glut. Cai paid HK$750 million (US$95.5 million) for a site measuring 5,388 sq ft (500 square metres) at 20-28 Cannon Street, formerly known as Sun On Mansion. The transaction for the commercial site, located between Jaffe Road and Gloucester Road, was completed earlier this month, according to the Land Registry. The property was sold by the local developer Winland Group, which spent around HK$1.45 billion to consolidate ownership of the site through private purchases and a compulsory sale process that was completed in 2021. That implied that Cai had bought the site with a 48 per cent discount from the last compulsory valuation. Construction of a 26-storey office tower by Winland had already been under way before the site was sold to Cai. Based on an estimated permissible gross floor area of 81,300 sq ft, the purchase price worked out to around HK$9,215 per square foot. Mike Cai Wensheng, the chairman and founder of Meitu, on 6 February 2017. Photo: David Wong The building will most likely be used for 'entrepreneurship and technology development,' Cai said, adding that plans are 'not fully confirmed yet'.
Independent Singapore
2 days ago
- Business
- Independent Singapore
Are landlords the cause of our downfall?
Opinion Singapore News In the Hood SINGAPORE: On the popular Singaporean subreddit r/asksingapore, a user recently posed a question with deep undercurrents: 'Are landlords the cause of our downfall?' The rationale The user reported passing by a coffee shop where five stalls were permanently closed, including a zi char stall – a sight the user had never witnessed before. When asked, the aunties at the drinks stall explained the stalls were closed because of prohibitive rental prices. This prompted the user to pose a tough but necessary question: 'Isn't rental prices determined by landlords? Can't they make it affordable so tenants can continue selling?' This question gained further weight given the multiple other shops that remained vacant. One user commented, 'Landlords will only reduce the rental when they feel the pain of not being able to rent the place out; otherwise, they will just keep squeezing, simple economics.' The rent crisis Commercial rental costs in Singapore have been rising, with some even spiralling out of control. According to Terence Yow, managing director of Enviably Me Group of Companies, a healthy rent-to-sales ratio is around 15% – but in recent times, this has surged to an 'unhealthy' 50%. What does he propose instead? On a CNA podcast, Yow suggested that landlords get their 'skin in the game,' pegging the rental as a ratio of total sales/profit instead of charging a fixed amount. He reasoned that such an agreement would create a greater incentive for the landlord to develop and attract customers to the business, ensuring its potential success. This approach would make the landlord a stakeholder while also enabling them to earn greater yields from their rent if the business grows. This phenomenon is called turnover rent. It essentially shares risk and reward more evenly between landlord and tenant: when the tenant produces higher turnover, the landlord receives a higher rent; in leaner times, such as during a period of low economic activity, the tenant is required to pay less as they earn less. What about implementation? Critics of the agreement, however, argue that turnover rent adds further complexity to the lease and requires more negotiation and drafting than a standard fixed rental lease. There's also the potential for losses, especially if the landlord is not able to make mortgage payments from the rent obtained. Furthermore, the formalities required to keep a check on business turnover necessitate more administrative effort, with audits sometimes proving quite costly. All in all, as young Singaporeans enter a rental market that favours those with capital instead of ingenuity, many may be turned away from taking the leap of faith and realising their entrepreneurial dreams. () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Yahoo
2 days ago
- Entertainment
- Yahoo
Justin Bieber Pays Tribute to Ozzy Osbourne with a Throwback Photo from Almost 15 Years Ago
The Prince of Darkness and "Peaches" singer teamed up for a 2011 Super Bowl commercialNEED TO KNOW Justin Bieber paid tribute to Ozzy Osbourne with a throwback photo from the set of the 2011 Best Buy Super Bowl commercial The Prince of Darkness died on Tuesday, July 22. He was 76 Bieber released a surprise album, SWAG, on July 11Justin Bieber is paying tribute to Ozzy Osbourne with a throwback photo. On Saturday, July 26, Bieber, 31, shared a picture of himself and the late Prince of Darkness on Instagram while sharing photos from a celebration for his surprise album SWAG. The last slide of the post featured a picture of Bieber and Ozzy in 2011 behind the scenes of filming a Super Bowl commercial for Best Buy. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Fans may recall when the "Crazy Train" singer teamed up with Bieber, touting the 5G network and Best Buy's upgrade promotion. After many takes of Ozzy introducing the ever-evolving technology and Ozzy's wife Sharon trying to keep him on track, Bieber steps in with an updated 6G network. "What's a 6G?" Sharon, 72, asks, while Ozzy follows up with "What the f--- is a Bieber?" Bieber's fans were quick to notice the 19th slide of his Instagram post featuring the rock legend. "I love the picture with Ozzy. 😭😭😭," one wrote. "Love the photo of you and Ozzy. What a special moment," another said. Months after shooting the commercial with Bieber, Ozzy spoke to The Times and told the publication about his vision for his funeral — which, he said, could include Bieber's music should his loved ones feel so inclined. The PEOPLE Puzzler crossword is here! How quickly can you solve it? Play now! "I honestly don't care what they play at my funeral; they can put on a medley of Justin Bieber, Susan Boyle and We Are the Diddymen if it makes 'em happy — but I do want to make sure it's a celebration, not a mope-fest," he said at the time. Ozzy died on Tuesday, July 22. He was 76 years old. His family confirmed his death to PEOPLE Magazine. 'It is with more sadness than mere words can convey that we have to report that our beloved Ozzy Osbourne has passed away this morning," the statement read. "He was with his family and surrounded by love. We ask everyone to respect our family's privacy at this time." In recent years, Ozzy experienced a series of health setbacks, including being unable to walk due to Parkinson's disease, which he was diagnosed with in 2003. Weeks before his death, Ozzy reunited with Black Sabbath for the first time in 20 years for a farewell concert in Birmingham. "How blessed am I to do it with the help of people whom I love. Birmingham is the true home of metal. Birmingham forever," the "Paranoid" singer said in February, announcing the show. Fans will get to experience the epic concert as a feature film to be released in theaters in 2026. Read the original article on People Solve the daily Crossword
