Arab Media Group, one of the major media groups in the UAE, has revealed that it has inked a strategic pact with the Al Naboodah Group.

According to sources, the agreement which is aimed at a mutually beneficial exchange of services is worth Dhs8 million.

The officials of Arab Media Group stated in a communiqué that deal highlights the role of media and its partnership with the private sector to provide niche services to specific market segments. The group looks forward to cementing further strategic agreements with the Al Nabooda Group, one of the robust business houses in the region.

As per reports in media, BizXchange lead and facilitated the pact between Arab Media Group and Al Naboodah Group.