Jet Media Network is proud to announce that the Saudi Ministry of Investment has approved the business for a regional headquarters licence (RHQ), leading to the opening of a Riyadh office.

This is an exciting moment for the business which will elevate Jet Media Network’s presence, reach and growth across the Middle East, Asia and Africa, and specifically strengthen existing ties with Saudi Arabia.

The focus on sports and entertainment fits perfectly with Saudi Arabia's mission to become a leader in those fields through its Vision 2030 goals.

Over time, the plan will be to expand the team in a new Riyadh office, across roles including content creation, production and management.

"When you consider the mission of Vision 2030 and our own business objectives in the world of sport and entertainment, it's clear that this is a perfect match," said JMN’s CEO, Jesper Schertiger.

"We are honoured to be granted this licence and excited about how JMN can play a role in the delivery of Vision 2030."

"We'd like to thank the team at the Ministry of Investment for their support and cooperation during the application process, and we look forward to a bright future together."