LONDON: The MBC Group has become an investor in Wego as part of a strategic partnership to accelerate the growth of the online travel group across the Arabian Gulf.
It is understood that the investment is valued at about $12 million.
As part of the agreement between the satellite broadcaster and the largest online travel marketplace in the region, MBC Group’s various digital platforms will promote Wego’s mobile apps and website throughout the year.
“We’re thrilled to welcome MBC Group as a strategic partner and excited by the opportunities to grow and develop the Wego brand, while leveraging MBC’s huge audiences as well as their considerable brand-building expertise,” said Ross Veitch, CEO & co-founder of Wego.
“As we incorporate more video-based editorial content and product merchandising to Wego’s online travel marketplace, there is obvious crossover potential between MBC’s programming and Wego’s online services. We look forward to exploring those opportunities together.”
Dubai-based investment bank Arqaam Capital helped to put the deal together.
Wego was founded in 2005 and is run between Dubai and Singapore
Investors in the group include Tiger Global Management, Crescent Point Group and SquarePeg Capital.
MBC Group announces strategic partnership with Wego
MBC Group announces strategic partnership with Wego
List Magazine launches The List Awards
RIYADH: Luxury travel and lifestyle magazine List has announced the launch of The List Awards, in association with Swiss watchmaker Richard Mille.
The List Awards are a first-of-its-kind recognition celebrating excellence across travel, wellness, culture, and fine dining in Saudi Arabia and the wider Gulf region.
Winners will be officially announced in the Winter 2026 edition of the magazine and across its social and digital platforms.
The awards aim to define what world-class excellence looks and feels like in a new era of Saudi hospitality, creativity, and experience-driven living by recognizing establishments and cultural experiences shaping modern luxury in the region.
The selection process is not based on submissions, paid placements or public voting. Instead, List’s editorial team and a panel of independent judges personally experience each venue, brand or experience.
Each entry is then explored, debated, and verified against key criteria: originality, precision, consistency, and relevance to the modern Saudi traveller.
Nóirín Hegarty, List’s editor-in-chief, said: “Saudi Arabia is in the midst of an extraordinary cultural and creative transformation. The List Awards were born from a desire to recognise that energy and define what excellence truly looks like today.
“These awards are not about prestige for its own sake — they are about experience, authenticity, and intent. Every name on the list earned its place because it represents the best of the best and the future of luxury in the region and beyond.”
