[1] In 2018, the government of Saudi Arabia arranged to acquire 60 percent of MBC, leaving the remaining 40 per cent of the company in Al Ibrahim’s hands.
[2] MBC Group said in a statement that Al Ibrahim would retain his stake and had, in his capacity as chairman, reviewed growth plans during a meeting held in the United Arab Emirates on 29 May 2018.
[10] Another, Maha Al Ibrahim, married the former deputy minister of defence and aviation, Prince Abdul Rahman, full-brother of King Fahd.
[15] After completing his university education, Al Ibrahim founded the ARA Productions and Television Studios (ARAvision) in Saudi Arabia.
[17] Al Ibrahim founded MBC in London in 1991 with the late entrepreneur, Saleh Kamel, launching the first independent Arabic satellite TV station.
Through this position, Al Arabiya was thought to be a TV channel that is calm, cool, professional, providing objective reporting rather than for extremely emphasized opinions.
[9] They had real estate investments in the US, including Marina del Rey in Los Angeles, a property near Disney World, and a hotel next to the Mayo Clinic.
Over the weekend of 26–27 January 2018, Al Ibrahim was released along with at least half a dozen other prominent Saudi businessmen detained in the probe, after being found innocent of any wrongdoing.
[2] In May 2018, Saudi Arabian authorities allowed Al Ibrahim to leave the Kingdom for the first time since November 2017 to chair a strategy meeting at the headquarters of MBC Group in Dubai, United Arab Emirates.
Al Ibrahim had been required to remain inside the Kingdom as the government finalised arrangements to take a controlling 60 percent stake in MBC.
[35] In May 2021, Al Ibrahim received the King Abdulaziz Order of Merit for his contribution to media and broadcasting in the Kingdom of Saudi Arabia which is considered the highest civilian honour in the country.