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Rotana Group
News Corp. increases Rotana stake
Wed, 2012-05-16 07:54 - By
Announcement, Media Business, Confectionery & Snacks, News Corp., Prince AlWaleed bin Talal, Rotana, Rotana Group, Rotana Holding, stake, TradeArabia.Com
Global media group News Corp. has increased its stake in Rotana Group by acquiring newly-issued shares in the company. The acquisition was announced after a Rotana board meeting, chaired by Prince Alwaleed Bin Talal, chairman of Rotana Holding. News Corp will pay $35 million for the shares, which will take its stake in Rotana to 18.97%. News Corp had previously owned 14.53%.
Prince Alwaleed meets Twitter management in New York
Thu, 2012-02-09 11:28 - By
Digital Media, Media Business, Media, AlArab News channel, Ali Rowghani, Dick Costolo, Heba Fatani, Jamal Khashoggi, Kingdom Holding Company (KHC), NewsCorp, Prince Alwaleed, Prince AlWaleed bin Talal bin Abdulaziz Alsaud, Rotana Group, Suhail Rizvi, Twitter
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), met with Mr. Dick Costolo, CEO of Twitter, Mr. Ali Rowghani, CFO of Twitter and Mr. Suhail Rizvi at The Plaza Hotel in New York on Monday 6th February 2012 during His Royal Highness's trip to the U.S. Prince Alwaleed was accompanied by Mr. Jamal Khashoggi, General Manager of Alarab news channel and Ms. Heba Fatani, Senior Executive Manager, Corporate Communications Department, KHC.
News Corp’s stake in Rotana reaches 14.53%
Fri, 2011-05-13 08:00 - By
Announcement, Media Business, Media, Arab News, News Corporation, Prince AlWaleed bin Talal, Rotana, Rotana Group
Arab News has reported that Rotana Group, chaired by Prince Alwaleed bin Talal, on Wednesday announced that News Corporation has reached an agreement to exercise 50 percent of its previously announced option in Rotana Group, the Middle East media group. Under the terms of the agreement, News Corporation will acquire newly issued shares in Rotana for $35 million.
Fox Series enhances programming to create new women's channel
Mon, 2011-02-28 08:07 - By
Announcement, Broadcasting News, Media Business, Media, Fox International Channels (FIC), Fox Series, Pierre Al Daher, Rohit D’silva, Rotana Group
Fox International Channels (FIC) is upgrading its FOX Series channel into a new 100% Arabic general entertainment channel for women featuring content available in dual audio (Arabic and English).
Online advertising market value of the Arab world forecasted to reach SR976m by 2013
Tue, 2010-06-08 10:09 - By
Media Business, Media, Digital Strategy, Facebook, Jumeirah Group, Mohamed El Fatatry, Muxlim, Rotana Group, Saudi Brand and Communications Summit 2010, Saudi Xerox, Savola Foods, Shadi Bakhour, Tarik Hamou Hadi, Terry Kane, Twitter, Vahid Mehrinfar, Yasser Al - Kharobi
The online advertising market in the Arab world is currently worth SR205m ($56m), however, it is expected to grow substantially to touch nearly SR976m ($266m) by 2013. This will be backed by increased broadband penetration especially driven largely in Saudi Arabia and Egypt.
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