Arabia Inform, the largest media group in the Middle East, has officially expanded into the Korean market. The company has signed a business agreement with BusinessReport-KDG, a media firm specializing in corporate analysis, marking the commencement of its services in Korea.
On the afternoon of the 17th (local time), BusinessReport hosted a meeting at the Cairo Data Center in Egypt. Attendees included Mohamed M. Eliwa, the chairman of Arabia Inform, Jaehong Kim, the chairman of BusinessReport, Park Woongcheol, the former Yemeni Ambassador, and Soojin Cho, the director of the BusinessReport International Department. During this meeting, an exclusive contract for operations in Korea was signed at a ceremony, marking a significant milestone for the company.
Following this agreement, BusinessReport-KDG established Arabia Inform Korea Co., Ltd. in Korea, thereby commencing full-scale services.
Arabia Inform provides round-the-clock news monitoring and in-depth informational services, covering approximately 16,000 media outlets across 22 countries in the MENA region, including Saudi Arabia. This extensive network includes broadcasters, newspapers, and internet media, with notable outlets like Al Jazeera. Beyond news, the company offers specialized services such as consulting, legal, and educational support, encompassing local market research, public relations, and reputation management.
Marking its 25th anniversary this year, Arabia Inform is headquartered in Dubai, UAE, with a core data center located in Cairo, Egypt. The company has regional subsidiaries in New York, USA, Riyadh, Saudi Arabia, and Doha, Qatar. The newly established Korean corporation represents Arabia Inform's first venture into Asia.
Chairman Muhammad M Elewa commented, "There is significant interest in Korea's rapid economic development and new technologies among most Middle Eastern countries." He further added, "We anticipate that our expansion into Korea will foster active exchanges with the country."
Chairman Muhammad also expressed, "I have high expectations for the Korean partner representing Arabia Inform." He added, "Although it might be a bit late, I hope this partnership will serve as an opportunity for active exchange and coexistence between the Middle East and Korea."
Chairman Jaehong Kim remarked, "Our long-prepared agreement with Arabia Inform promises to greatly benefit both Korea and the Middle Eastern countries." He emphasized, "We aim to do more than just introduce Arabia Inform's extensive data and 25-year know-how; we will leverage it fully to develop valuable products and are committed to ensuring this venture is a successful business."
Chairman Kim also noted, "Recently, we've seen a marked increase in interest from Middle Eastern countries in the advanced technology of Korean companies." He added, "Believing firmly that 'news is information,' we are offering services and consulting that are both practical and reality-based." He expressed his hope that these efforts would aid Korean companies looking to enter the Middle Eastern market.
Meanwhile, Arabia Inform Korea Co., Ltd. has recently signed a Memorandum of Understanding (MOU) with Korea's leading media company A, agreeing to provide joint services.
