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International Media Production Zone (IMPZ), a member of TECOM Investments Media Cluster, today announced the Arab Publisher House (APH), publishers of Forbes Middle East, has signed up as its latest business partner.

Digital Production ME reports that TECOM Investments’ 11 business parks will be consolidated into five clusters, one of which will be dedicated to media. The move will see Dubai Studio City, Media City and the International Media Production Zone (IMPZ) working more closely in the future. Jamal Al Sharif will become the managing director of both Dubai Media City and Studio City, as Saeed Al Falasi remains the executive director of the International Media Production Zone.

Despite the impact of the global economic conditions, the media industry in the Middle East region has remained dynamic and independent, providing a unique set of opportunities and challenges, according to Mohammad Abdullah, Executive Director of Dubai Media City.