Prince Alwaleed briefed on Alarab and Rotana progress

09/04/2014 08:24 AST

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), owner of Alarab Channel and chairman of Rotana, visited Rotana media offices and Alarab headquarters at Bahrain World Trade Center.

The prince was received by State Minister for Information Affairs Samira Ibrahim bin Rajab and Information Affairs Authority President Ali Mohammed Al Rumaihi.

Prince Alwaleed met with Alarab and Rotana management who briefed on the latest developments at their respective entities.

The meeting was attended by Alarab and Rotana management that included Fahad Alsukait, CEO-Rotana Group and Jamal Khashoggi, general manager of Alarab news channel. Alarab is a 24-hour channel which will target Arabic-speaking viewers across the Arab world and beyond.

Prince Alwaleed also announced an agreement with Bloomberg LP in which Bloomberg will support the creation of five-hours of financial and economic news programing throughout the day on the channel.

The Alarab news channel is an independent venture from Kingdom Holding Company and the Rotana Group and is privately owned by Prince Alwaleed.

Rotana Group is a diversified media company in the Middle East.

Also during the visit, Prince Alwaleed attended the Formula-1 Race that took place at the Bahrain International Circuit with Prince Salman bin Hamad Al-Khalifa, Crown Prince of the Kingdom of Bahrain and Sheikh Saif bin Zayed Al-Nahyan, United Arab Emirates’s deputy prime minister and minister of Interior.

Prince Alwaleed was received at Bahrain International Airport by Sheikha Mai bint Mohammed Al-Khalifa, Bahrain’s Minister of Culture who also bid His Highness farewell at the end of the visit.

Prince Alwaleed also attended the 22nd Annual Heritage Festival with Sheikha Mai bint Mohammed.

The prince was also accompanied by Alsukait, Khashoggi, Hassan Mukhtar, adviser to the chairman, Fahad bin Saad bin Nafel, executive assistant to the chairman and Hani Agha, senior manager travel and external affairs.

Arab News