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Kingdom Holding Company and Rotana Group chairman Prince Al Waleed bin Talal bin Abdulaziz, pictured below, is to make Bahrain the new home of Rotana Group and a new 24-hour Arabic news channel, Al Arab.
He explained that the Saudi-based group will consist of 13 channels that will be broadcast from Bahrain and among them are Rotana, LBC, three FOX channels, Al Risala Channel and the new Al Arab news channel which starts broadcasting early next year.
Not only will it create job opportunities for Bahrainis but it will also improve relations between the two countries.
“This will serve as a catalyst to the economy and human resources development. Rotana Group is well-known in the Middle East and such investments will help Bahrain,” said Shaikh Fawaz bin Mohammed Al Khalifa, Information Affairs Authority (IAA) president.
The signed contract states that senior level management will be based at the Bahrain headquarters, but the Rotana group will still continue to operate from its studios located in Beirut, Cairo and Dubai. “We aim to start broadcasting by the beginning of 2013,” added Prince Al Waleed.
