MBC GROUP (“MBC” or the “Company”) is pleased to announce its intention to offer 10% of its share capital to the public (following the issuance of the Offer Shares and increase of the Company’s share capital) through an Initial Public Offering (“IPO”) and listing its shares on the Main Market of the Saudi Exchange (“Tadawul”). Institutional and retail investors will be allowed the opportunity to acquire shares and participate in the long-term growth plans of the Company and the Saudi media market. 
 
Founded over 30 years ago, MBC GROUP is one of the leading media and entertainment companies in the Middle East and North Africa region today. The Company has firmly established itself as a household name, boasting an extensive presence that draws in 150 million viewers every week. With global accessibility spanning from Australia to the United States through platforms like SHAHID, the number one Over the Top (“OTT”) online streaming platform in MENA, MBC offers high-quality content that resonates with audiences worldwide. 
 
Alongside SHAHID, MBC broadcasts 13 free-to-air (FTA) TV channels and continues to grow its presence in the region. MBC's platforms bring families across all generations together with its extensive content library of 9,200 titles, catering to everyone's interests and preferences.