Jun 14 2005 |
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New publishing and printing company established
Abu Dhabi, 14 June, 2005(WAM)--An agreement was reachedhere Tuesday between three leading media organisations to establish anew printing and publishing company that is set to be the first of itskind in the Middle East.
The three media organisations - Emirates Media Inc., Arab Media Company,and Saudi Research and Publishing Company- have teamed up to establishthe United Company for Publishing and Printing with a capital of Dhs.300 million of which Emirates Media Inc. will contribute 40% while ArabMedia Company and Saudi Research and Publishing Company will contribute35% and 25% respectively.The establishment of the company was announced during a press conferenceattended by Ahmed Ali Al Baloushi, Director General of Emirates Media,Nasser Al Dhaheri,, Director of Arab Media Company and Dr. Azam Khalil, Director General of the Saudi Research and Publishing Company.Zawya Comment Policy
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