ALAREEB Holding acquires 80% of Two Sides Productions

ALAREEB Holding acquires 80% of Two Sides Productions

22 April 2025

Two men in traditional attire shake hands, celebrating a partnership, with flags and logos in the background.

ALAREEB Holding has announced the acquisition of an 80% stake in Two Sides Productions, a company specializing in audiovisual content production. This strategic move aims to strengthen ALAREEB’s presence in the media sector and expand its creative content production across local and regional markets.

The acquisition agreement was signed in Riyadh in the presence of Mr. Ahmed Al Obeid, Chairman of ALAREEB Holding, and Mr. Abdullah Al Harbi, CEO of Two Sides Productions.

This initiative is part of ALAREEB Holding’s broader vision to expand into high-value creative sectors, particularly the media industry, which continues to flourish amid rapid digital transformation. The company aims to produce advanced media content aligned with global trends and to support Saudi Arabia’s Vision 2030 in promoting the role of national media.

Source: EntArabi

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Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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