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Kingdom Holding acquires $266m stake in DeezerSaudi Arabia’s Kingdom Holding Company (KHC) has announced the completion of a SR1-billion ($266.5 million) deal to buy newly issued shares in Deezer, a global digital music streaming service, through KHC and Rotana Group, a leading divers More… |
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Rotana plans two hotel openings in OctRotana Group will open two new hotel facilities this October to meet the increasing number of Dubai visitors and tourists. The announcement was made in a meeting held recently between Majid Al Marri, the director of the lic More… |
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Prince Alwaleed wins top Bahrain medalPrince Alwaleed Bin Talal Bin Abdulaziz Alsaud, the chairman of Kingdom Holding Company and owner of Arab world's largest entertainment company Rotana Group, has been awarded Bahrain's highest honorary medal. His Majesty King More… |
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Rotana, Alarab sign new headquarters dealBahrain’s Information Affairs Authority and Rotana Group have signed an agreement for Rotana and Alarab Channel headquarters’ new location in Manama. HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Rotana Group, and the own More… |
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NewsCorp raises stake in Rotana at $35mMiddle East diversified media company Rotana Group announced that News Corporation has signed an agreement to acquire newly-issued shares in Rotana for $35 million. The investment will take News Corporation’s total stake in Rotana to 14.53 More… |
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Rotana restructured into 4 business unitsThe Rotana Group will be restructured into four business units: TV broadcasting, audio, studios and Rotana Media Services. The Emerging business and the Digital Media Business Units (BU) will be folded under these business units. The presi More… |
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Rotana board discusses News Corp tieupThe top management of Saudi-based media group Rotana met under the chairmanship of Prince Alwaleed bin Talal bin Abdulaziz Alsaud to discuss the latest developments at Rotana after its strategic alliance with global media giant News Corp. More… |
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Rotana wins Saudi FM radio licenceRotana Group, chaired by Prince Alwaleed, announced that it has won the third FM radio licence in Saudi Arabia for SR67 million ($17.86 million). This will be the launch of the fourth FM radio station for Rotana, its first being in Jordan More… |
