On October 18, 2017, the Saudi Research and Marketing Group (SRMG) acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service.

[18] SRMG acquired 51 percent of Argaam for $10 million in an attempt to expand its operations, at a time when Saudi Arabia was diversifying its economy and opening up to more foreign investments and as a part of the National Transformation Plan 2020 (NTP) and Vision 2030.

Akhbaar24's website also features 24 a specialized vertical for the most prominent videos posted on social networking sites and the Internet that deal with Saudi affairs.

Following this acquisition, SRMG revamped and relaunched Akhbaar24 in June 2023, imbuing it with deeper coverage of Saudi-related news and topics, thus enhancing its Saudi Depth.

Alphabeta is a sub-division of Argaam that publishes field-related Gulf columnists' articles.