kept BHV stores and the City Centre mall in Beirut.
Chairman of ADMIC
and Sky News Arabia, Dr Sultan Al-Jaber, said the region demanded an Arab news product which incorporated both the technological developments and the fast changing media consumption habits that were transforming how news is gathered and disseminated.
At a launch ceremony hosted by the Chairman of ADMIC
and Sky News Arabia, Dr Sultan Ahmed Al Jaber, over 400 guests were witness to a live countdown of the launch from the Jumeriah Etihad Towers in Abu Dhabi.
Adrian Wells, previously Sky News' Head of International News, has been appointed to work with the ADMIC
team to launch the new channel and a Director of News will be appointed in due course to lead the venture on a permanent basis.
"The addition of Sky News in Arabic to the numerous Abu Dhabi based media outlets will further contribute to this sector's growth and position Abu Dhabi as the region's media hub," stated Dr Sultan Al Jaber, chairman of Admic
and of the new venture.
) for the engineering, procurement and construction management (EPCM) contract to build a melamine plant in Ruwais, following changes in the scope of works.
Abu Dhabi Sky News Arabia, Abu Dhabi's first international TV channel, on Sunday launched its new platform, a joint venture between Abu Dhabi Media Investment Corporation (ADMIC
) and BSkyB, the UK's leading pay television provider.
"We are already in an economic crisis and the situation appears to be worsening," Michael Abchee, chairman of ADMIC
-- the franchise holder of BHV/Monoprix -- told The Daily Star Friday, disclosing that overall sales in Lebanon in the first quarter of 2012 have fallen by 20 to 30 percent compared to the same period in 2011.
Set up as a joint venture betweenAbu Dhabi Media Investment Corporation (ADMIC
) and British Sky Broadcast- ing (BSkyB), Sky News Arabia is based in Abu Dhabi and will broadcast to over 50 million homes in the region.
Abu Dhabi Media Investment Corp (ADMIC
), a private investment company owned by HH Sheikh Mansour bin Zayed Al Nahyan, and British Sky Broadcasting (BSkyB), the UK's leading pay television provider, have formed a 50-50 joint venture to bring a new, free-to-air Arabic-language news channel to viewers across the Middle East and North Africa (MENA) region from 2012.
UK pay-TV operator British Sky Broadcasting (LON:BSY), or BSkyB, said Monday it has established a 50/50 joint venture with Abu Dhabi Media Investment Corp (ADMIC
) to launch a new free-to-air Arabic-language news channel in the Middle East and North Africa (MENA) region from 2012.
A 50:50 joint venture between the UK's BSkyB and Sheikh Mansour bin Zayed's Abu Dhabi Media Investment Corporation (ADMIC
), the channel has been broadcasting rolling news in Arabic since May 2012.