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www.broadcastprome.com: Asharq Network has officially begun broadcasting from its new headquarters in Riyadh’s King Abdullah Financial District (KAFD). The move is aimed at strengthening the network’s ability to deliver comprehensive, multi-platform business and financial coverage from close proximity to key institutions, corporations, financial markets, and investment centers. By relocating to KAFD, Asharq Network seeks to enhance its reporting capabilities while supporting its long-term growth strategy, according to a report by Arab News.
The new facilities consolidate Asharq Bloomberg’s editorial, production and broadcasting operations into a single integrated environment, enabling faster and more efficient coverage of business, economic and political developments across television, digital, radio, and podcast platforms. The streamlined setup is designed to support the delivery of more in-depth analysis and reporting for business leaders, investors, and decision-makers.
Located within the new headquarters of the Saudi Research and Media Group (SRMG), the largest integrated media group in the Middle East and North Africa, the facilities span four floors and accommodate Asharq Bloomberg, Asharq Discovery, Asharq Documentary, and other affiliated platforms.
The headquarters features four multi-purpose television and radio studios, two advanced newsrooms, modern control rooms, and dedicated production facilities for television, radio, digital content, and podcasts. The operation is supported by advanced technical infrastructure, including artificial intelligence-powered digital solutions that improve production flexibility and enable integrated content creation and distribution across multiple platforms.
Asharq Bloomberg operates under an exclusive long-term content partnership between SRMG and Bloomberg Media, combining Bloomberg Media’s global business and financial journalism with Asharq Bloomberg’s regional expertise to provide Arabic-speaking audiences with comprehensive coverage of business, markets, and economic developments across the Middle East and internationally. The launch also follows the platform’s transition from the Asharq Business with Bloomberg brand to Asharq Bloomberg, reflecting its continued evolution.
Jomana Al Rashid, CEO of SRMG, said: “The relocation of Asharq Network to its new headquarters at the KAFD marks a qualitative milestone in the Group’s journey and reflects our vision to build an integrated media ecosystem that extends from Riyadh to the region and the world.
“The new headquarters houses a fully integrated broadcasting ecosystem, including a satellite uplink and downlink station, as well as advanced studios supported by the latest virtual, interactive, and AI-driven production technologies. This enhances our ability to deliver content with greater speed, efficiency, and innovation.”
She added: “This headquarters is not merely an investment in infrastructure, but a strategic investment in the future of the media industry. It opens new horizons for growth across broadcasting, live production, digital and cloud-based production, and strengthens our ability to develop high-quality content that serves our partners and audiences more efficiently, while leveraging the latest technologies.
“This development also marks a new milestone in our partnership with Bloomberg Media and reflects the level of trust between both parties. Through this advanced ecosystem, we are enhancing our ability to deliver faster, more accurate, and more in-depth economic coverage, while producing high-quality content that keeps pace with global market developments and meets the aspirations of our audiences across the region and the world.”
Karen Saltser, CEO of Bloomberg Media, commented: “The Middle East remains one of the world’s most dynamic business and investment regions, and audiences are seeking timely, trusted reporting to navigate an increasingly complex global economy. Asharq Bloomberg’s new headquarters represents an important investment in serving those audiences.
“We’re proud of our longstanding collaboration and look forward to continuing to deliver Bloomberg’s global business and financial journalism to Arabic speaking audiences across the region.”
Asharq Bloomberg said it will continue expanding its business coverage, programming, and initiatives across its television and digital platforms as it strengthens its role in providing timely insights for investors, business leaders, policymakers, and audiences following economic, financial, and market developments across the region and the world.
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