Waleed bin Ibrahim Al Ibrahim is founder and chairman of MBC Group Company, an Arab TV broadcaster originally called Middle East Broadcasting Center.
MBC Group listed its shares in Saudi Arabia in late 2023; Al Ibrahim owns a 36% stake, while the Saudi Public Investment Fund owns 54%, effectively making it a state-controlled company.
MBC operates 13 satellite-broadcast channels including English-language news channel Al Arabiya, based in Dubai--a competitor to Al Jazeera.
MBC Group also launched and owns Arabic-language streaming platform Shahid, considered the largest such platform in Arabic.