Diriyah Company, SRMG strengthen collaboration in media, culture outreach

The cooperation is part of a series of strategic agreements that Diriyah Company has signed with various government and private entities. (Supplied)
Short Url
Updated 25 August 2025
Follow

Diriyah Company, SRMG strengthen collaboration in media, culture outreach

  • MoU between companies aims to amplify cultural and national narratives, reaching audiences both within the Kingdom and across international markets
  • First-of-its-kind initiative spans four key areas including corporate and media communications; events, exhibitions, conferences, and visits

DIRIYAH: Diriyah Company has signed a strategic memorandum of understanding (MoU) with the Saudi Research and Media Group (SRMG) to expand collaboration in the media sector and deliver innovative projects and initiatives that further solidify Diriyah’s standing as a global destination of historical and cultural significance. The MoU also aims to amplify cultural and national narratives, reaching audiences both within the Kingdom and across international markets. 

The MoU was signed by Jerry Inzerillo, Group CEO of Diriyah Company, and Jomana Al-Rashid, CEO of SRMG. This milestone agreement sets the stage for closer cooperation in media, marketing, and cultural content, with a dedicated joint team to be established to develop initiatives that reflect the shared vision and ambitions of both organizations. 

This first-of-its-kind collaboration between Diriyah Company and SRMG spans four key areas: corporate and media communications; events, exhibitions, conferences, and visits; data and expertise exchange and knowledge transfer; as well as joint training programs, activities, and initiatives. The MoU also outlines enhanced collaboration across SRMG media platforms, the organization of visits for international media delegations to experience Diriyah, and exploring opportunities to host exhibitions, events, and joint cultural and social activities. 

The MoU builds on SRMG’s well-established expertise in analytical storytelling and its comprehensive, integrated journalistic coverage, aligning with Diriyah’s vision to effectively communicate its messages. SRMG also aims to leverage its strong partnerships with leading cultural entities and its integrated media ecosystem, combining reach, diversity, and innovation, to deliver inspiring and impactful content that supports these ambitions. 

It is worth noting that this cooperation is part of a series of strategic agreements that Diriyah Company has signed with various government and private entities. These agreements aim to support the company’s efforts in cultural and economic development and to strengthen its global presence in line with Saudi Vision 2030. The collaboration also underscores Diriyah’s commitment to developing the “Media and Innovation District,” a 250,000-square-meter hub set to become a dynamic center for media talent and projects. The district will include commercial and office spaces, residential units, and a luxury hotel, further reinforcing Diriyah’s position as a leading destination for culture, creativity, and media. 

Commenting on the MoU, Jerry Inzerillo, CEO of Diriyah Company, said: “The signing of this MoU between Diriyah Company and SRMG represents a strategic step toward enhancing collaboration in the media and marketing sectors. It aligns with our vision to be active enablers in these industries through the Media and Innovation District, currently under development within the Diriyah project, which will become a vibrant hub for media and technological creativity in the region.” 

In this context, Jomana Al-Rashid, CEO of SRMG, stated: “This MoU reinforces SRMG’s approach of building strategic alliances with influential partners who share our ambition to enrich the Kingdom’s cultural and media landscape. We believe in our pivotal role in delivering content that reflects the identity and aspirations of Saudi Arabia. Through this agreement, we will support Diriyah’s vision with our integrated media solutions, combining broad reach, digital capabilities, and advanced editorial insight, to deliver high-quality content that deeply and effectively engages both local and international audiences.” 


Jamal Banoon’s book to guide new generation of Saudi economic journalists

Updated 15 November 2025
Follow

Jamal Banoon’s book to guide new generation of Saudi economic journalists

  • Author aims to provide journalists with practical tools and insights to master and advance their skills

RIYADH: Jamal Banoon’s new book, “The Truth Behind the Numbers,” aims to guide economic journalists in the Kingdom in times of transformation. 

The book was accredited this week by the Higher Economic Council of the International Union for Press and Media as an official training curriculum.

The author aims to provide journalists with practical tools and insights to master and advance their skills in economic reporting. It delves into advice about data analysis, understanding global economic shifts, and how to deliver that news effectively. Banoon’s book reflects his goal to transform business journalists from mere reporters into a workforce that can analyze complexity, context and statistics in economics. 

The book addresses under-discussed themes in economic journalism, such as the importance of connecting economic issues to people’s lives and paying close attention to the threat of misinformation. 

Banoon is a prominent veteran business correspondent, with more than 40 years of experience, specializing in economic and business reporting in the Kingdom. 

Through his experience, he has seen economic journalism bloom in the Kingdom for years: “After more than 40 years in economic journalism, I felt there was a pressing need to document this experience and present it systematically to the new generation,” Banoon told Arab News. 

The Truth Behind the Numbers,’  was accredited by The Higher Economic Council of the International Union for Press and Media as an official training curriculum, aims to guide economic journalists in the Kingdom. (Supplied)

His work, in alignment with his book, has emphasized the need for economic journalists to play crucial roles in translating numbers, indicators and financial trends to the public. Given his mission to educate and aid aspiring journalists to perfect these skills, his work becomes increasingly important as the Kingdom undergoes fast change and evolution as it pursues Vision 2030. 

“I was inspired by the constant challenge journalists face in understanding and simplifying numbers for the public ... The biggest gap lies in simplifying without compromising accuracy. Many economic reports are written in highly technical language that the general public struggles to understand, or they are oversimplified to the point of distortion,” he said. 

“This book seeks to bridge that gap by offering tools and methods that enable journalists to translate economic complexity into accessible, meaningful content — without losing depth or credibility.”

On the importance of publishing the book in the current climate, Banoon said: “Saudi Arabia is witnessing remarkable progress in business reporting, especially amid the major economic transformations driven by Vision 2030. There is growing interest among media institutions in strengthening economic coverage, but we still need more specialization, training and development of analytical content.” 

Banoon’s book, in addition to being a fundamental tool, reflects what he calls “the fast-paced dynamics of the Saudi economy.” As the Kingdom expands its horizons to welcome being a global business hub, the media landscape is catching up to echo that change. 

Sidebar advice: 
“I consider the chapter ‘Verifying Economic Sources’ to be one of the most important for young journalists.”
“Credibility begins with accuracy — with the ability to distinguish between reliable and misleading data.”
“I advise them to combine professional curiosity with disciplined knowledge.”
“It’s not enough to report the news — you must understand the economic context surrounding it.”
“Learn how to read financial reports, how to ask the right questions to experts, and how to build a reliable network of sources.”
“Most importantly, never stop learning; the economic world is constantly changing, and successful journalists are those who keep pace with this change with awareness and skill.”